Regulation
Ohio officials face federal suit from Polymarket
Polymarket has sued Ohio officials to block a state gambling-law enforcement action against its sports event contracts.
Reporting
Politics
Traders price Democrats at 90% to win House
Prediction markets Polymarket & Kalshi both price Democrats as strong favourites to win the House ahead of the 3 November midterms.
Markets
Polymarket pulls Cornell 7 charge market after $450k in bets
Polymarket removed a market on felony charges against the 'Cornell 7' after it drew over $450,000 in trades.
Markets
Kalshi deletes 87% Tucker Carlson crime-odds tweet
Kalshi deleted a tweet claiming an 87% chance Tucker Carlson would be charged with a federal crime this year.
Scandal
A US soldier’s alleged $400k Maduro bet payout heads to trial
A US soldier's alleged $400,000 Polymarket payout on Maduro's capture is heading to trial & lawyers expect more cases to follow.
Regulation
69% of Democrats, 61% of GOP oppose election bets
A Reuters/Ipsos poll finds most US voters, across both parties, oppose betting on election outcomes.
Regulation
Novig & Crypto.com sue Missouri over sports contract order
Novig & Crypto.com are suing Missouri in separate courts after the state demanded they get licensed or stop offering sports event contracts.
Markets
Traders put 31% odds on S&P 500 hitting 8,000 by year-end
Polymarket traders price a 31% chance the S&P 500 hits 8,000 by year-end.
Regulation
BetMGM boss bets Supreme Court kills prediction markets
BetMGM CEO Adam Greenblatt expects the Supreme Court to rule against prediction markets, siding with states & tribes.
Markets
DraftKings’ 2026 profit at risk from $100m prediction market spend
Jefferies has cut its 2026 earnings forecast for DraftKings by 15%, citing rising prediction market costs.