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Kalshi signed exclusive multi-year branding partnerships with five MLB clubs, including the Los Angeles Dodgers, as prediction market operators move closer to US pro sports.
Derivatives-market figures aired sharply opposed positions at the first CFTC advisory committee conference on sports event contracts, while the rules are still being drafted.
Contracts that pay out when a speaker says particular words are drawing regulatory attention after reports of an investigation involving a White House staffer.
IG Group's $1.3bn purchase of Underdog reads as more than a prediction markets play: a financial-trading firm bringing capital and risk management into gaming.
Serie A club SS Lazio and Polymarket ended their sponsorship early after new measures by the authorities affected the platform's availability in Italy.
Sportsbook supplier DATA.BET reported a sharp rise in esports GGR and turnover while launching the first version of its prediction markets product.
DraftKings signalled it would go on the offensive against Kalshi and Polymarket, two operators discussed at valuations above $20bn, after mixed second-quarter results.
Flutter CEO Peter Jackson will step down after nine years, leaving FanDuel's prediction markets effort trailing rivals as sportsbooks feel competitive strain.
Genius Sports announced official data partnerships with both Polymarket and Kalshi in the same week, marking its first entry into prediction markets.
Sportradar detailed its Kalshi and Polymarket partnerships but warned that US regulatory ambiguity and slower contract closures would defer material revenue.
The NFL objected to the CFTC's draft integrity provisions for sports event contracts while New York pursued $36bn in damages from Kalshi.
FTSE 100-listed trading platform IG Group agreed to acquire daily fantasy and predictions operator Underdog in a deal worth up to $1.3bn.
The South African Bookmakers Association called for prediction markets to be banned, citing the growth of unregulated platforms and sporting integrity risks.
A CFTC staff advisory said operators are self-certifying event contracts too broadly, bundling multiple contract variations into single template filings.
An examination of how market makers supply liquidity on prediction markets, and why that structure lets the platforms compete with fixed-odds bookmakers.
A US Senate hearing meant to address sports integrity turned into a debate over prediction markets, raising the question of what Congressional action follows.
France's order to block Polymarket is read as part of a wider European move away from tolerating prediction markets outside any regulatory perimeter.
French regulator ANJ ordered internet service providers to block Polymarket, citing unauthorised gambling and public safety risks after a two-year investigation.
The Czech Ministry of Finance added Polymarket to its list of unauthorised internet games, requiring ISPs to block the site within 15 days.
Gibraltar published a formal regulatory framework for prediction markets in its official gazette, having already granted two licences.
Dutch regulator KSA rejected an appeal from Polymarket's operator and upheld the sanction imposed for offering illegal gambling to Dutch users.
ESMA warned that prediction market contracts with binary outcomes and fixed payouts can qualify as restricted financial instruments under existing EU rules.
Gibraltar-licensed ADI Predictstreet, FIFA's official prediction market partner for the 2026 World Cup, won clearance to expand beyond football.
Virtual asset service provider RYKI argues the online gaming industry has outgrown its payment infrastructure as the market heads toward doubling by the early 2030s.
DraftKings launched a market-making division and its own prediction market exchange, DKeX, though questions remain over how it will generate fee income.
Meta is reported to be exploring a prediction market platform called Arena, which would put a major technology company alongside dedicated operators.
Opposition to prediction market exchanges and the CFTC widened to include a former CFTC chairman and a lawsuit from the largest US derivatives marketplace.
The Curaçao Gaming Authority issued crypto policy guidelines for B2C licensees covering the full cryptocurrency lifecycle, phased in to mid-2027.
With Kevin Warsh chairing his first Federal Reserve meeting, the question is whether prediction markets could serve as a research input in a data overhaul.
Wealthsimple launched Kalshi-powered prediction trading in Canada on 18 June, while a Polymarket trader was reported to have lost millions on World Cup markets.
