Markets
Polymarket halts trading after breach drains users’ accounts
Polymarket suspended trading after a third-party provider was compromised & users' funds were drained.
Reporting
Regulation
Kalshi sues Missouri, calls cease-&-desist impossible to meet
Kalshi has sued Missouri, arguing the state's licensing demands leave it no realistic way to comply.
Regulation
Trump admin sues Utah to shield Kalshi after state’s win
The CFTC has sued Utah to stop the state enforcing its gambling ban against Kalshi.
Regulation
Polymarket pulls sports from Michigan, joins three rivals
Polymarket has agreed to stop offering sports event contracts to Michigan customers, following Kalshi, Robinhood & Coinbase.
Sports
Eagles star Barkley says NFL forced Polymarket stake sale
Saquon Barkley says NFL rules forced him to sell his stake in Polymarket.
Sports
NFL blocks players from Polymarket & Kalshi investments
Saquon Barkley says the NFL made him sell his stake in Polymarket under its gambling policy.
Markets
Kalshi bets $10m+ on boxer Canelo to win Spanish-speaking users
Kalshi reportedly gave boxer Canelo Álvarez more than $10m in equity to become an ambassador.
Markets
Robinhood prediction bets top crypto revenue, $173m vs $120m
Robinhood's prediction markets business overtook crypto trading as its revenue source in the third quarter.
Regulation
Polymarket flags dozens of midterm bets, at least 2 go to CFTC
Polymarket has investigated dozens of midterm election bets for insider trading, with at least two cases sent to the CFTC.
Markets
Anthropic files for Nasdaq debut, traders eye $2tn first day
Traders are pricing Anthropic's Nasdaq debut as near-certain, with bets clustering near a $2 trillion valuation.