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Kalshi partners with U.S. Black Chambers to offer risk management resources to Black-owned businesses
Kalshi announced a partnership with the U.S. Black Chambers, Inc. (USBC), which represents over 145,000 Black-owned businesses. The deal will unlock risk management resources for the chamber's members through Kalshi's event-contract platform. Kalshi described itself as a next-generation financial exchange in the announcement.
Tema Trading & Prediction Markets ETF offers pre-IPO exposure to Kalshi and Polymarket
The Tema Trading & Prediction Markets ETF (DICE) offers pre-IPO exposure to Kalshi and Polymarket, alongside holdings including Robinhood and Coinbase. The fund gives public-market investors access to private prediction-market platforms before they list.
CryptoStruct launches Kalshi real-time market data feed
CryptoStruct has launched a real-time market data feed for Kalshi, delivered over WebSocket. The feed covers the full order book and every trade of every contract, organized by UTC day.
Sixth Circuit rules Kalshi sports-event contracts are not swaps
The U.S. Court of Appeals for the Sixth Circuit ruled that Kalshi's sports-event contracts are not 'swaps' under federal law, deepening a circuit split on how to classify prediction-market products. Kalshi operates a designated contract market registered with the CFTC and offers event contracts on sporting-event outcomes. The ruling contrasts with other circuits that have taken different approaches to similar products, creating uncertainty for platforms seeking national regulatory clarity.
Former senator who backed sports-event contract ban now lobbies for Kalshi
Sen. Blanche Lincoln, who wrote legislation that let the US ban sports-event contracts, is now lobbying for Kalshi. The Reddit post notes the reversal without additional detail on when she joined Kalshi or what specific lobbying work she is conducting.
Polymarket prices 52% odds S&P 500 opens higher today
Polymarket traders are pricing a 52% probability that the S&P 500 opens higher on Thursday, October 8, 2026. The narrow odds come as Wall Street weighs 5.35% Treasury yields, potential Iran strikes, and Pepsi earnings. The market reflects elevated uncertainty around macro and geopolitical catalysts heading into the open.
Connecticut regulatory action pushes three prediction-market platforms to exit
Connecticut state regulators have driven three prediction-market platforms — ProphetX, Gemini Space Station, and Webull — to exit the state. Robinhood, Coinbase, and Polymarket remain active there for now. The exits signal that state-level enforcement is becoming a material barrier to prediction-market expansion, even as federal CFTC oversight draws most industry attention.
Four Native American tribes break with casino establishment to team with Kalshi
Four Native American tribes have broken with the casino establishment to partner with Kalshi on new gambling apps, even as tribal gaming officials have backed lawsuits aimed at crippling Kalshi's business. The tribal officials claim Kalshi is siphoning activity from their operations. The article was published Wednesday, October 7, 2026.
Longshot bets losing 98% of time dominate trading on Kalshi and Polymarket
Prediction markets Kalshi and Polymarket are dominated by longshot bets that lose roughly 98% of the time, according to Bloomberg analysis of trading data. Despite platforms marketing themselves as information aggregators or truth machines, the actual trading behavior resembles casino-style wagering on low-probability outcomes rather than efficient price discovery.
Kalshi files proposal for never-expiring oil contract with CFTC
Kalshi Inc. has filed a proposal with the Commodity Futures Trading Commission for an oil-linked futures contract that never expires. The filing was made on Wednesday, October 7, 2026. The product would represent a new contract structure for the regulated prediction market platform.
Kalshi is launching prediction apps with Native American tribes
Kalshi is launching prediction apps with Native American tribes.
Kalshi's 15-minute gold markets overtake Ether weeks after launch
Kalshi's 15-minute gold markets recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether's 318 million contracts and $2.6 million in fees on the platform. Bitcoin remained far ahead of both. The gold contracts launched only weeks earlier.
Robinhood, Polymarket among 10 operators sent cease-and-desist orders in Ohio
Ohio sent cease-and-desist orders to 10 operators including Robinhood and Polymarket. The action comes after the Sixth Circuit previously ruled against Kalshi in disputes with Ohio and Tennessee, finding the operator failed to establish its sports event contracts were permissible under state law.
FanDuel Predicts offers college football event contracts in 18 states
FanDuel Predicts now offers college football event contracts in 18 states. The newest sports prediction market entrant is promoting tonight's Miami-Clemson kickoff as a trading opportunity alongside Kalshi. Separately, FanDuel Predicts published a guide explaining how its prediction market contracts are matched on the platform. Eligible customers in most locations can access the company's prediction market trading experience.
FanDuel secures standalone FCM after moving sports contracts from CME
Flutter said the FCM would give FanDuel 'further optionality.' The approval comes after FanDuel Predicts shifted sports and other non-financial contracts from CME to Crypto.com's OG Prediction Markets while retaining CME financial markets.
Kalshi faces legal debate over swaps, preemption and CFTC jurisdiction
Lawyers are arguing about swaps, preemption, the Commodity Exchange Act and the jurisdiction of the CFTC. States are arguing they know a sports bet.
CFTC chairman Selig warns against treating prediction markets like casinos
CFTC Chairman Michael Selig warned that treating prediction markets like casinos would be a real harm to the American people. The comment comes as the agency continues to oversee the growing event-contracts sector.
CFTC staff clears fast track for stock-index perpetual conversions
CFTC staff issued a letter establishing a fast-track process for converting stock-index perpetual futures into regulated products. The immediate precedent cited is Kalshi's US500 perpetual futures submission. The staff letter signals a streamlined path for platforms seeking to list similar perpetual contracts tied to equity indexes. The relief comes as prediction market operators including Kalshi expand beyond event contracts into futures and perpetuals.
Kalshi sets back-to-back daily volume records as sector trading tops $9 billion
Kalshi posted all-time daily notional volume highs on consecutive days over the first weekend of October. The records came during a stretch in which combined sector trading topped $9 billion.
Kalshi launches stock index perpetual future to expand product suite
Prediction market startup Kalshi launched a stock index perpetual future on Tuesday, broadening the reach of the nascent derivatives instrument.
