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Tema launches first prediction-market ETF
The actively managed fund buys public stocks and private stakes in Kalshi and Polymarket, while steering clear of event contracts and charging 0.75% a year.
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New Mexico tribes finish bid to block Kalshi on tribal lands
The Mescalero Apache Tribe and three pueblos say the prediction-market firm’s sports contracts undercut tribal compacts and federal law, while Kalshi points to CFTC authority and a recent Ninth Circuit ruling in Nevada.
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Polymarket adds Squads to bring trading into group chats
The new in-app feature lets friends message, share positions and trade through their own accounts while Polymarket leans into football season.
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LeBron James teases Polymarket partnership with football focus
A short X video showed him inside Polymarket HQ, with the campaign expected to center on football.
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NFL presses Kalshi and Polymarket to drop objectionable bets
The league said wagers on injuries, officiating, broadcast mentions and celebrity attendance could threaten game integrity as the 2026 season nears.
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Fanatics folds prediction markets into Sports & Casino app
Existing users can keep their account data and rewards as the company rolls sports betting, casino play and event contracts into a single interface.
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CFTC seeks to dismiss CME's Kalshi lawsuit over bitcoin perpetual futures
The regulator says CME lacks standing and argues the court does not need to decide whether perpetual crypto contracts belong in the swaps or futures bucket.
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Novig and Underdog take share in prediction-market combos
Eilers & Krejcik data show multi-leg trades reached half of August volume, with DraftKings arriving late and still generating a burst of activity.
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New Jersey asks Supreme Court to decide who regulates Kalshi sports contracts
The state wants the justices to settle a widening clash over whether prediction markets can sidestep state gambling laws when they trade on sports outcomes.
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Michigan wins injunction blocking Kalshi sports wagers
A state judge ordered the prediction-market firm to stop offering online sports contracts in Michigan, add geofencing controls and face $500,000-a-day penalties for violations.
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Kalshi says Washington is enforcing gambling laws selectively as rivals stay active
The company asked the state gambling commission to revisit its record, and the attorney general’s office said it need not pursue every similar operator at once.
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1789 Capital leads Polymarket to $21 billion valuation
The prediction-market platform’s latest fundraise follows an April deal at $15 billion and comes as it faces fiercer competition from Kalshi.