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NFL prediction trading tops $1.035 billion as Kalshi dominates
Patriots-Seahawks and 49ers-Rams each drew more than $100 million as Week 1 trading spread well beyond the opening games.
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NFL, tennis and the Fed lift prediction markets to $14.1 billion
Combined volume rose 9.3% in the Sept. 7-13 week as sports contracts and a Fed rate bet dominated trading.
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Prediction markets lift Clarity Act odds before Senate vote
Polymarket and Kalshi traders marked up the crypto bill, though Democrats still face a 60-vote cloture hurdle and a longer road to final passage.
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AGA backs New York in fight over prediction markets
The trade group told a federal judge that sports-event contracts are gambling products in substance, not just derivatives, as the wider battle over who regulates prediction markets deepens.
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NBC says NFL season could be prediction markets’ biggest yet
Analysts see football as a near-term driver for event-contract trading, with NBC News saying volume on Kalshi and Polymarket could top $36 billion.
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ESMA says Polymarket, Kalshi lack EU authorization
The watchdog also questioned partial geo-blocks, saying event contracts can fall under securities, crypto or gambling rules depending on how they are structured.
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Connecticut orders nine prediction platforms to halt sports contracts
State officials say the firms were offering unlicensed sports event contracts and must stop advertising, promoting and making them available to residents.
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Kalshi brings Oddpool in-house
The prediction-market data startup was co-founded by Avi Arora and Ritesh Malpani, and its founders said talks with chief executive Tarek Mansour convinced them they could move faster inside Kalshi.
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Michigan pauses Robinhood’s new sports event contracts
The state says the company will stop taking new sports-related positions by the end of Wednesday and unwind existing ones by Oct. 9, while the wider fight over prediction markets continues.
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10th Circuit lets Utah keep enforcing gambling laws against Kalshi
The appeals court declined to pause state action while Kalshi challenges a ruling that federal law does not preempt Utah’s gambling ban.
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Small bets sway US congressional prediction markets
The Anti-Corruption Data Collective said a $3,500 wager could move almost every market it studied, and the exchanges pushed back.
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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.