Gibraltar has licensed its first prediction markets operator, marking a shift in European regulation as the territory looks to strengthen its online gaming sector amid rising tax pressures. The licence was granted to Predict Street Ltd as a betting intermediary under the 2005 Gambling Act, even though new gambling legislation has yet to come into […]
The US government sued Illinois on Thursday to stop what it described as the state’s unlawful efforts to regulate prediction markets. The booming industry of online prediction markets – which allow users to bet on virtually anything from Oscar winners to the weather to ongoing military conflicts – has been facing greater scrutiny as companies […]
The Indian Gaming Association officially opened its 2026 Indian Gaming Tradeshow & Convention on Monday with a focus on what organizers described as one of the most pressing issues facing tribal gaming today: the rise of prediction markets. The day featured a series of workshops and panel discussions designed to educate, mobilize, and unify tribal […]
JPMorgan Chase CEO Jamie Dimon said the bank is considering entering the prediction markets space, though any move remains tentative and would exclude certain types of contracts. “It’s possible one day we’ll do something like that,” Dimon said in an interview with CBS Evening News, referring to services like Kalshi and Polymarket, which allow users […]
A Nevada state court has granted a preliminary injunction against Coinbase, barring the company from offering event-based prediction contracts in the state, in a ruling that underscores growing legal tensions over the regulation of such platforms in the United States. The decision, issued by the First Judicial District Court of the State of Nevada on […]
March 11, 2026 Two United States senators have introduced a new legislative measure titled the End Prediction Markets Corruption Act aimed at preventing federal officials from participating in event based trading. Senators Jeff Merkley and Amy Klobuchar filed the bill on Thursday following reports of trades […]
As ballistic missiles and kamikaze drones rained down on the Middle East, one of the world’s most talked-about businesses was inviting wagers on whether nuclear Armageddon might be imminent. Polymarket is a prediction market, a relatively new breed of betting company that has burst on to the scene, particularly in the US, often seducing customers […]
State lawmakers and gaming regulators across the US are escalating their fight against prediction markets, arguing that the fast-growing platforms are “basically gambling but with another name”. At least 20 federal lawsuits have been filed nationwide, disputing whether companies such as Kalshi and Polymarket should be treated as federally regulated financial exchanges, as they maintain, […]
Yadin Eldar, 21, has been betting on prediction markets since 2019. His friends think he’s “crazy”, he said. But the craze surrounding these platforms is rapidly gathering steam. Users can bet on virtually anything, from the outcome of Sunday’s Super Bowl to whether the US will invade Greenland, every second of every day. Hundreds of […]
The NFL has established a firm boundary regarding Super Bowl ads for its upcoming championship game by prohibiting advertisements for prediction markets. Former New Jersey Governor Chris Christie has publicly supported this decision, characterizing the league’s stance as a victory for the integrity of professional sports over potential advertising revenue. Christie, who currently serves as […]