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CFTC seeks emergency order to halt Utah’s Kalshi enforcement
The proposed federal injunction would stop pending civil and criminal actions, new investigations and subpoenas tied to regulated event contracts.
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North Carolina prediction-market trading passes $10 million as Cooper holds 97% odds
The Senate race has drawn $5.5 million in trading, while market signals in two House contests differ sharply from conventional race ratings and polls.
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Kalshi sues Missouri over sports-event contract crackdown
The prediction-market operator says state gambling enforcement conflicts with federal derivatives rules, while Missouri insists sports bets must be licensed and taxed.
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ASIC questions whether retail prediction markets serve the public interest
Australia’s corporate regulator compares all-or-nothing event contracts with binary options, but stops short of imposing a new ban.
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Aries brings ForecastEx prediction markets to its mobile trading app
Eligible US customers can trade contracts on elections, economic data and financial markets, while sports and entertainment markets are excluded.
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Washington invokes Ninth Circuit ruling to seek dismissal of Underdog suit
The state says Kalshi’s Nevada loss defeats Underdog’s claim that federal commodities law bars enforcement of Washington gambling rules.
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Coinbase wins CFTC clearance as prediction markets top $200 million annualized
Daily traders rose more than 60% in the third quarter, while non-sports contracts accounted for most activity.
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Sports bars use Kalshi trades to insure against short playoff runs
Chicago and New York operators are taking positions that pay when the games and crowds they rely on disappear early.
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News outlets add prediction-market partners before the midterms
CBS, CNN, CNBC and Dow Jones are among media groups bringing Kalshi or Polymarket data into political coverage, prompting scrutiny of disclosure and editorial priorities.
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Kalshi overstated primary favorites’ chances, accountability group finds
A review of 238 competitive primaries found 74 underdog wins, against 57 upsets implied by election-eve market prices.
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Coinbase says derivatives and prediction markets generated a quarter of transaction revenue
Prediction markets passed $200 million in annualized revenue as Coinbase sought to cushion weaker crypto trading
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Wisconsin tells Seventh Circuit its sports-betting ban reaches prediction markets
The state says federal commodities law cannot displace its gambling rules, while the CFTC calls sports-event contracts federally regulated swaps.