-
Polymarket Alpha traders made about $40m as age-access debate grows
The private Discord group included at least three teenagers, while New York challenges the legality of Polymarket US contracts.
-
New York sues Polymarket, which counters with federal challenge
The state says sports event contracts amount to unlicensed gambling, while Polymarket says its products are federally regulated derivatives.
-
Polymarket sues New York to block state regulation
The filing followed Attorney General Letitia James’s same-day lawsuit accusing the prediction-market platform of promoting illegal gambling.
-
Kalshi seeks $40 billion funding as revenue tops $4 billion
The prediction-market exchange is reportedly courting new investors after a sharp rise in trading and a July revenue run-rate that more than doubled in two months.
-
New York sues Kalshi as illegal gambling case widens
The state says the prediction-market firm operated without a gaming licence, let in 18- to 20-year-olds and dodged taxes meant to support public services.