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Finance

CFTC letter flags deficient incentive programs at prediction market exchanges

The CFTC issued a letter flagging deficient incentive programs at prediction market exchanges. The article frames the issue from the perspective of SCCG Management, which offers guidance to platforms on DCM self-certification and incentive redesign.

1 day ago
Finance

Nevada problem-gaming council splits from national group over Kalshi ties

Nevada's state problem-gaming council has split from the National Council on Problem Gambling, citing the national group's ties to Kalshi as the catalyst. Delap, quoted by CDC Gaming, said Kalshi's support triggered a review of institutional independence. The Nevada council's break follows its public stance against prediction markets. The national group had declined to classify event contracts as gambling, maintaining neutrality.

1 day ago
Politics

Washington court orders Kalshi to halt most event contracts in state

A Washington court ordered Kalshi to stop offering most event contracts in the state, including sports and election markets.

1 day ago
Crypto

Coinbase, Kalshi, a16z, Ripple execs expected at White House meeting next week

Crypto and fintech leaders from Coinbase, Ripple, Kalshi, a16z and others may meet at the White House next week, according to a report. The meeting comes as the CFTC launches its Innovation Advisory.

1 day ago
Crypto

Trump to attend White House meeting with crypto and prediction markets executives

President Donald Trump is expected to attend a White House meeting next Wednesday with high-level executives from crypto and prediction markets firms. The gathering signals direct engagement from the administration with the prediction markets sector alongside digital asset leaders.

1 day ago
Finance

Kalshi removes sports-related mention exchanges amid regulatory scrutiny

Prediction market Kalshi has taken down its sports-related mention exchanges as regulators and banks increase scrutiny of the sector. Competitor Polymarket does not operate mention markets. The article was published by CNBC on August 14, 2026.

1 day ago
Sports

Kalshi prices Denver Broncos at 64% to beat Atlanta Falcons in preseason opener

Kalshi prediction-market traders are pricing the Denver Broncos at 64% to defeat the Atlanta Falcons in Friday's preseason opener. Jarrett Stidham is expected to start at quarterback for Denver while Bo Nix sits out.

2 days ago
Finance

Kalshi operates legally in California under CFTC regulation

Kalshi operates legally in California as a prediction market app regulated by the Commodity Futures Trading Commission (CFTC), according to an Action Network explainer published August 13, 2026. The article offers a basic status confirmation with no additional regulatory detail, enforcement action, or platform news.

2 days ago
Finance

Kalshi's legal status and operations in Florida in 2026

Prediction market apps have seen a recent explosion in popularity. As a CFTC-regulated DCM, Kalshi's federal oversight allows it to operate in Florida.

2 days ago
Finance

Government alleges Spagnuolo traded Polymarket event contracts on Google's Year in Search List

Federal prosecutors alleged that Spagnuolo traded event contracts on Polymarket related to Google's Year in Search List, a yearly compendium of trending queries. The case raises questions about what constitutes material nonpublic information (MNPI) in prediction markets, where traders routinely incorporate nonpublic or early-access data into pricing.

2 days ago
Finance

CFTC scrutinizes Kalshi mention markets as sports word bets disappear

CFTC enforcement actions regarding event contracts have continued to focus on nonpublic information, manipulation, and market integrity, according to the article. The scrutiny comes as Kalshi's sports word bets have disappeared from the platform.

2 days ago
Finance

Bank of Japan hike odds triple on Polymarket as yen intervention fades

Polymarket traders have repriced the probability of a Bank of Japan rate hike to over 80%, up sharply from 22%, as Japan's yen intervention loses effectiveness in controlling the currency. The move reflects fading confidence that official intervention alone can stabilize the yen without accompanying monetary policy tightening.

2 days ago
Sports

Kalshi lists Dijon FCO soccer markets and teases Champions League odds

Kalshi has listed trading markets for French soccer club Dijon FCO, covering league odds, futures, and individual match outcomes. The listing expands Kalshi's sports event contract offerings. Separately, a Kalshi-affiliated X account posted implied probabilities for UEFA Champions League winner odds ahead of the draw in two weeks. The post received 260 likes and 30 replies. No specific odds or contract details were disclosed in the available text.

2 days ago
Politics

Kalshi traders price Ossoff as 2028 Democratic nomination favorite

Prediction-market traders on Kalshi are pricing US Senator Jon Ossoff as the favorite for the 2028 Democratic presidential nomination, with his contract at 13%. Vice President Kamala Harris sits at 9.5%, while US Senator Mark Kelly of Arizona is fifth at 5.6%. The pricing positions Ossoff ahead of better-known names in early wagering for the cycle.

2 days ago
Finance

JPMorgan ended banking relationship with Polymarket, FT reports

JPMorgan has shuttered its banking relationship with prediction market platform Polymarket, according to the Financial Times. The move severs a key financial link for the CFTC-regulated exchange, which acquired licensed exchange QCEX in 2025 and operates in the US under a CFTC order of designation. The report did not specify when the relationship ended or cite a reason for the decision.

2 days ago
Politics

Feds probe 'mention markets' amid White House Kalshi controversy

Federal officials have opened a probe into 'mention markets,' a growing category of prediction market contracts that let users bet on what people say. The investigation comes amid controversy involving the White House and Kalshi, a regulated prediction market platform. The article does not specify which federal agency is conducting the probe or detail the nature of the White House controversy.

2 days ago
Finance

Polymarket lists MLB event contracts for 2026 season, adds pickleball odds

Polymarket listed event contracts on Major League Baseball games for the 2026 season, including moneyline, spread, totals, props, and futures markets. The contracts are live for a Chicago White Sox vs. Chicago Cubs game scheduled for August 18, 2026. Separately, Major League Pickleball used Polymarket to generate odds for its playoff quarterfinal matches. No specific odds numbers or volume data were disclosed. Both listings expand Polymarket's sports offerings without addressing the platform's recurring depth problem, which prior coverage has documented across multiple baseball contracts.

2 days ago
Finance

Underdog says Aristotle suing over takeover terms

Underdog says the makers of its prediction market exchange and clearinghouse are suing over the terms of another Underdog transaction. The lawsuit, brought by Aristotle, centers on the terms of a takeover deal. No further details on the specific claims or the transaction at issue were provided in the available text.

2 days ago
Crypto

White House plans crypto and prediction market summit next week

The White House will host a crypto summit on Wednesday, one day before the Commodity Futures Trading Commission (CFTC) convenes industry leaders to discuss new market rules. The back-to-back sessions signal coordinated administration attention on digital assets and prediction market regulation.

2 days ago
Sports

Baltimore lawsuits allege illegal sports betting disguised as prediction market trades

Lawsuits filed in Baltimore allege that certain companies are disguising illegal sports betting as prediction-market trades and event contracts. The complaints claim the wagers function as sports bets despite being presented as legitimate trading products.

2 days ago