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 […]
Nevada gaming regulators filed a lawsuit on Tuesday seeking to block prediction market operator Kalshi from offering events contracts that would allow its residents to bet on sports including football and basketball games. The Nevada gaming control board filed the lawsuit as part of an escalating battle over the ability of state gaming regulators nationally […]
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 […]