Markets
Ivy League admissions become Kalshi’s next betting market
Kalshi has filed with US regulators to open betting markets on Brown's acceptance rate & applicant numbers.
PollBet: What prediction markets are pricing
News.
Every story the desk has published, newest first, each read in 60 seconds with its sources.
Showing 1–12 of 130 articles.
Markets
DraftKings bets $700m on prediction markets to drive 2027 growth
DraftKings stock sank 27% after it doubled prediction-markets spending & cut its profit outlook.
Regulation
Five rivals cut Utah markets as Kalshi faces 14 charges
Five prediction market operators have pulled back Utah offerings after Utah charged Kalshi with 14 crimes.
Markets
Election bets drew $3bn, now face a Democratic crackdown
Kalshi & Polymarket correctly priced the 2026 midterms, & now face a Democratic push for new oversight.
Regulation
Ohio & Polymarket now suing each other over sports contracts
Robinhood & Coinbase are among four more firms agreeing to stop Ohio sports event contracts, as the state's crackdown splits operators into compliers, suers & holdouts.
Markets
Polymarket probes trader’s $257,000 double poll win
Polymarket is investigating well-timed bets placed just before two New York Times/Siena polls went public.
Regulation
Kalshi’s last stop now the Supreme Court after Nevada loss
The Ninth Circuit has refused to rehear Kalshi's Nevada sports contracts case, leaving the Supreme Court as its only remaining option.
Markets
DraftKings spends up to $700m to chase an ‘exceptional’ 2027
DraftKings trimmed its 2026 revenue guidance while ramping Predictions spending toward a bigger 2027.
Markets
ESPN talent barred from using inside info on predictions
ESPN has told on-air talent they cannot use inside information to bet on prediction markets including Polymarket.
Regulation
Utah summons Kalshi’s Mansour & Lopes Lara on criminal charges
Utah has summoned Kalshi's CEO & co-founder to face criminal gambling charges as the CFTC seeks to block the state's enforcement.
Regulation
Kalshi loses 2 more appeals as courts back state gambling laws
2 appeals courts refused to block state gambling laws against Kalshi, while Arkansas filed a new lawsuit against the platform.
Markets
DraftKings slashes 2026 profit guidance
DraftKings shares plunged after it slashed profit guidance to fund a $700m prediction-markets expansion facing legal risk.