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Wyoming governor primary draws nearly $420,000 in Polymarket trading
The figure reflects contracts on one Republican primary, not campaign money, as trackers follow state election and sports markets.
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Kalshi nears $1 billion raise at $40 billion valuation
Tiger Global and Dragoneer are among investors in late-stage talks, while the terms of the financing remain unsettled.
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Coinbase Ventures and CMCC Global value Raven at $90 million
The former crypto market maker has expanded to quote more than 3,000 prediction-market contracts across venues including Kalshi and Polymarket.
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Polymarket hires Goldman Sachs veteran Lisa Mantil for institutional push
The former Goldman partner will seek products, infrastructure and liquidity for investment managers, trading firms, banks and corporates.
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Polymarket gives Democrats 92% chance of taking House
The House price was far more decisive than the Senate market, while separate contracts made an 8% to 10% Democratic popular-vote margin the most likely among the cited brackets.
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Issuer-specific prediction markets test SEC-CFTC boundary
Contracts on earnings, production and stock performance raise the question of when an event market becomes a security-based swap.
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New Mexico lawmakers warned prediction markets could divert tribal gaming revenue
Committee witnesses raised concerns over casino revenue, online access for younger users and a still-conceptual tax on prediction-market earnings.
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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.
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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.
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Yahoo Finance ends Polymarket data partnership after removing prediction hub
Polymarket will remain an advertising partner across Yahoo, while the companies say they are open to similar collaborations.
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Illinois legislator seeks repeal of new prediction-market sports tax
HB 5811 would remove Illinois’s levy on sports-related exchange wagers less than three months after it took effect.
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Missouri orders six prediction markets to halt sports event contracts
Attorney General Catherine Hanaway says the platforms are operating unlicensed sports wagering and must secure state licences or stop serving Missourians.