Markets
Gold overtakes Ether on Kalshi as fees hit $5m
Kalshi's new 15-minute gold contracts outtraded Ether within weeks of launch.
Country
United States
Every PollBet story about betting in the United States: the regulator, the courts, tax & the operators, newest first, each with its sources.
Regulation
CFTC says it has caught politicians trying to trade prediction markets
CFTC chair Michael Selig says the agency has caught political figures trying to trade prediction markets, often after the event.
Regulation
Illinois blocked from enforcing betting law on Kalshi & Coinbase
A federal judge has blocked Illinois from enforcing its sports-wagering licensing scheme against Coinbase & Kalshi.
Politics
Kalshi gives Flanagan 86% despite dead-heat Minnesota polls
Traders price Democrat Peggy Flanagan well above her polling lead in Minnesota's Senate race.
Regulation
Supreme Court asked to settle $53bn-a-month prediction markets fight
New Jersey has asked the Supreme Court to decide whether prediction contracts are derivatives or gambling, with $53bn a month in trading at stake.
Markets
Kalshi traders price 2027 US recession at record-low 20%
Kalshi traders now price a 2027 US recession at a record-low 20%, down from highs of more than 30% to 50% earlier in 2026.
Regulation
Becerra refunds Kalshi & Underdog as his odds hit 96%
California governor nominee Xavier Becerra has returned $89,200 in donations from Kalshi & Underdog Sports Holdings amid conflict-of-interest scrutiny.
Sports
UNC’s hot seat: Belichick fired-by-February odds hit 56%
Kalshi traders price a 56% chance Bill Belichick is out at North Carolina by February.
Markets
ARK’s Wood bets on Kalshi, eyes $5tn market
Cathie Wood has added Kalshi to her ETF strategies, praising its management as prediction markets gain investor attention.
Regulation
Judge partly backs Coinbase & Kalshi in Illinois fight
Coinbase, the CFTC & Kalshi are fighting Illinois in federal court after a cease-&-desist letter & new prediction-market trading fees.
Regulation
44 state AGs vs Kalshi’s lobbying millions
Kalshi is funding the political groups that back the state attorneys general trying to regulate it as gambling.
Regulation
New York sues Polymarket as it rolls out self-exclusion tools
Polymarket has introduced voluntary deposit limits & self-exclusion tools as New York's gambling lawsuit against it continues.