Markets
Flutter CEO admits FanDuel predictions were ‘not competitive’
Flutter's new CEO says FanDuel's prediction markets product has gone from uncompetitive to a priority.
Reporting
Markets
Markets vs polls: Kalshi, Polymarket post near-perfect winner record
Kalshi & Polymarket correctly favoured the winner in nearly every major 2026 midterm race they priced, according to Fox 4 Dallas-Fort Worth.
Regulation
Arkansas AG: Kalshi wagers risk ‘depression’ & other mental harms
Arkansas has sued Kalshi, alleging its event contracts are illegal gambling that causes mental health harm.
Regulation
Arkansas sues Kalshi, says Razorbacks bets are gambling
Arkansas's attorney general has sued Kalshi, calling its Razorbacks betting markets illegal gambling.
Politics
Andrews stuns South Carolina, blindsiding prediction markets
Democrat Annie Andrews beat Darline Graham in South Carolina, a result prediction markets had not favoured.
Regulation
New York AG takes Kalshi to court over ‘no house’ ads
New York's attorney general has gone to court to force Kalshi to hand over its influencer & market-making records.
Politics
Traders price Democrats at 94% to take the House
Political trading volume has cooled sharply since the 2024 election, according to Bloomberg.
Regulation
Illinois’s prediction market tax frozen by judge
A federal judge has barred Illinois from taxing or licensing CFTC-regulated prediction markets, & the state is appealing.
Regulation
Utah charges Kalshi bosses, rivals pull back contracts
Fanatics, DKeX & FanDuel Predicts are restricting Utah access to prediction contracts after Utah charged Kalshi executives.
Markets
Robinhood’s event contract revenue up 6x as crypto slumps 55%
Robinhood's prediction markets business out-earned its crypto arm in the third quarter.