Prediction market news and analysis across both regulated and grey markets, focusing on the licences, partnerships and product launches that show where event betting sits within the wider gambling sector. We follow the growth of new platforms, the response from regulators and the shifts traditional sportsbooks make as prediction markets edge into the iGaming mainstream.
The CFTC excludes licensed sportsbook wagers from the swap definition and proposes treating sports event contracts as swaps.
Florida's exclusive sports betting operator says DraftKings has rebranded a sportsbook as prediction markets and wants its profits back.
Ohio's casino regulator tells Polymarket, Robinhood, Coinbase and seven others to stop offering sports event contracts immediately.
Connecticut regulators issued cease-and-desist orders to nine platforms, alleging their sports-event contracts amount to unlicensed gambling.
ESMA cites insider trading, sensor tampering and unclear authorisation as Polymarket and Kalshi push further into Europe.
New Jersey's attorney general asks the US Supreme Court to rule on whether Kalshi must follow state gambling laws.
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