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3 Oct MGM and Caesars shun prediction markets over licence risks At G2E in Las Vegas, the casino groups said state regulatory exposure outweighed the appeal of event contracts.
3 Oct Novig says Sweeney campaign coincided with surge in trading and deposits The sports prediction-market platform reported nearly doubled trading volume and more than tripled first-time depositors in 20-day periods around the Sept. 9 launch.
3 Oct DeWine says Ohio will enforce gambling laws against Kalshi sports contracts Governor’s pledge follows a Sixth Circuit ruling that let the state proceed while Kalshi’s federal-law challenge continues
3 Oct Illinois judge blocks key sports-wagering rules for Kalshi title-game contracts The preliminary order finds certain championship-outcome contracts likely qualify as federally regulated swaps, but leaves Illinois’s new transaction fees for later review.
2 Oct Kalshi builds a 41-state lobbying network amid prediction-market battles The exchange has concentrated spending in California and New York while giving more than $500,000 to attorneys general and governors’ political groups.
2 Oct Victor Wembanyama rejects prediction-market endorsements The Spurs star says money no longer drives his sponsorship decisions and he wants to promote positive messages.
2 Oct Kalshi sees no near-term EU setup despite ESMA talks Chief risk officer Udesh Jha says Europe’s fragmented rules make regulatory clarity a gradual process, not a one-step launch
30 Sep CFTC sends duelling prediction-market definitions to White House review One proposal would class event contracts as swaps, while an interim rule would exclude casino-style products.
30 Sep Kalshi traders flip to October Fed hold after softer core PCE reading The implied odds of a quarter-point October rate rise fell from 65% on Sept. 25 to 33%, while a hold became the leading outcome.
30 Sep CFTC investigates Kinzinger’s Kalshi bets on his Biden pardon The former congressman says he had no inside information and made $823 on trades tied to whether Biden would grant clemency.
30 Sep Bell Buckle debuts Prediction Vegas on Las Vegas Boulevard The 10,000-square-foot venue displays prediction-market odds as Nevada’s legal fight with Kalshi continues.
30 Sep Horsford presses Congress at G2E to curb prediction-market gambling The Nevada congressman’s bill would bar federally regulated platforms from packaging sports betting and casino-style games as financial products.