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Kalshi bans George Santos for life over State of Union betting
The prediction market said the former congressman wagered against his own attendance at President Donald Trump’s speech and then tried to move the market with public comments.
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Kalshi turns to Alpaca for global distribution
The brokerage infrastructure deal would let clients trade event contracts on familiar platforms, with overseas rollout depending on local approval.
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Boom Sports adds ProphetX markets to its app
The partnership will let Boom users trade sports event contracts in-app through ProphetX’s CFTC-regulated exchange, extending prediction markets into a daily fantasy sports audience.
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CFTC orders former White House teleprompter operator to repay Kalshi mention-market profits
Gabriel Perez must disgorge more than $107,000 and pay a $65,000 penalty after regulators said he used presidential speeches to trade contracts on words the president might say.
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CNN says 18-to-21 traders put $5.4 billion on Kalshi
The figures intensify a fight over whether prediction markets should stay open to 18-year-olds.
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Ninth Circuit lets Nevada enforce gambling laws against Kalshi sports contracts
The court said the contracts were sports bets, not swaps, and rejected Kalshi’s bid to block Nevada regulators.
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Van Dyke fights CFTC bid to weigh in on Polymarket case
The regulator wants to tell a Manhattan judge why prediction-market contracts may count as swaps, but the accused soldier says it is no neutral bystander.
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CFTC warns prediction markets against American odds
The agency said bookmaker-style pricing can mislead consumers and hide market depth, and it ordered firms to confirm receipt by Aug. 31.
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CFTC moves to codify prediction-market rules as debate over manipulation intensifies
At its first innovation meeting, the agency sketched a three-part rulemaking agenda while industry figures argued over self-certification, consumer safeguards and whether some contracts are too easy to game.
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White House leaves prediction-market firms out of crypto meeting
The gathering has been narrowed to crypto and linked to the CFTC’s new advisory committee, despite earlier reports that prediction-market executives would be invited.
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Kalshi files perps on US stocks and copper
The CFTC submissions broaden its push beyond prediction markets, against a backdrop of regulatory uncertainty, market growth and pushback from rivals.
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CFTC review of mention markets deepens pressure on Kalshi
Reports say the platform pulled some spoken-word contracts as regulators examine whether wagers on individual words are too easy to manipulate.