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Federal judge lets Utah enforce ban on Kalshi
Judge Robert Shelby said federal commodities law does not block the state’s sports gambling restrictions, and Kalshi said it will appeal.
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Polymarket hires growth chief and reshapes marketing before fall trading surge
The prediction-market company is rebuilding its growth, compliance and risk teams after scrutiny of its promotional tactics, while betting on NFL and election-season traffic this autumn.
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Nine senators press the CFTC to rein in wildfire bets
The lawmakers warned that prediction markets on fires could encourage arson, profit from disaster and raise public-safety risks, and they asked for answers by 14 August.
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Polymarket seeks more than $20 billion valuation as revenue surges
The prediction-market platform has seen trading volumes and annualised revenue climb after opening its U.S. exchange.
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Judge blocks Minnesota’s prediction market ban
Katherine Menendez said the challengers were likely to succeed on pre-emption claims, keeping Kalshi and Polymarket US live in the state for now.