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 Minnesota Senate voted overwhelmingly on April 30 to ban most wagers on prediction market platforms.
Both Kalshi and Polymarket backed the restriction, as multiple bipartisan bills targeting the broader federal government move through Congress.
Brazil's National Monetary Council issued Resolution No. 5,298 on April 24, blocking around 28 prediction market platforms including Polymarket...
The complaints argue both companies allowed users aged 18 to 20 to access platforms, and permitted wagering on college...
Hong Kong has suspended plans to introduce regulated basketball betting, with lawmakers citing the explosive growth of prediction markets...
The Wagering Consumer Protection Act becomes effective 90 days after enactment on April 14.
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