CFTC’s unprecedented lawsuits set up Supreme Court showdown over prediction markets Suswati Basu “It’s not a slam dunk at all.” A blunt assessment from former Commodity Futures Trading Commission Special Counsel Peter Sanchez Guarda cuts through the noise around an intensifying legal fight that could redraw the line between finance and gambling in … Continue reading CFTC’s unprecedented lawsuits set up Supreme Court showdown over prediction markets
Fox partners with Kalshi to bring prediction markets into news coverage Suswati Basu Fox Corporation is teaming up with Kalshi to weave prediction market data into its news programming. The partnership will bring Kalshi’s real-time forecasts into several Fox News Media outlets, including Fox News Channel, Fox Business Network, Fox Weather, and the … Continue reading Fox partners with Kalshi to bring prediction markets into news coverage
April 07, 2026 Fox is the latest to add prediction markets as a new ‘data layer’ for news coverage BY María José Gutierrez Chavez Fox Corporation has announced plans to partner with Kalshi to integrate the prediction market’s data across the media giant’s various cable networks. Tuesday’s announcement follows the rise in popularity of prediction markets, … Continue reading Fox is the latest to add prediction markets as a new ‘data layer’ for news coverage
Gibraltar Bets on Prediction Markets to Diversify Economy Paul McNally Gibraltar has taken a notable step toward reshaping its digital economy, issuing its first-ever license to a prediction markets operator amid pressure on its core online gambling sector. Authorities approved the license for Predict Street Ltd on March 26, formally adding the company … Continue reading Gibraltar Bets on Prediction Markets to Diversify Economy
Iowa Senate passes bill regulating and taxing fast growing prediction markets Suswati Basu The Iowa Senate has signed off on a bill that would bring new rules and taxes to a fast-expanding corner of finance often called prediction markets. Lawmakers approved Senate File 2470 on Tuesday (March 31), making it the first time … Continue reading Iowa Senate passes bill regulating and taxing fast growing prediction markets
CFTC and DOJ sue states over prediction markets regulation dispute Suswati Basu Federal regulators have taken Arizona, Illinois, and Connecticut to court, opening a new front in the fight over so-called event contracts and who gets to regulate them. The Commodity Futures Trading Commission, joined by the United States, filed lawsuits in federal … Continue reading CFTC and DOJ sue states over prediction markets regulation dispute
Prediction markets forum set to debut at SBC Summit Americas Paul McNally Prediction markets will take center stage at this summer’s SBC Summit Americas, as the fast-growing industry continues to spark debate across the U.S. gambling and financial industries. The Prediction Markets Forum is scheduled for June 11 and will run as part … Continue reading Prediction markets forum set to debut at SBC Summit Americas
Kalshi pushes appeals court to halt Ohio crackdown on trading markets Suswati Basu Kalshi is moving quickly to stop Ohio regulators from cracking down on its platform, asking a federal appeals court to step in before the situation escalates further. In a March 24 emergency filing seen by ReadWrite, the company told the … Continue reading Kalshi pushes appeals court to halt Ohio crackdown on trading markets
Bipartisan senators push bill to ban sports prediction markets Suswati Basu A group of U.S. senators from both parties is targeting sports-related prediction markets, introducing a bipartisan bill that would outlaw the contracts altogether. The move ramps up an ongoing clash over whether these platforms function as legitimate financial tools or simply unregulated … Continue reading Bipartisan senators push bill to ban sports prediction markets
MLB and CFTC strike integrity pact as league taps Polymarket for prediction markets Suswati Basu Major League Baseball (MLB) has teamed up with the US Commodity Futures Trading Commission (CFTC) in a new effort to keep a close watch on the booming world of sports prediction markets, according to a release from the … Continue reading MLB and CFTC strike integrity pact as league taps Polymarket for prediction markets
