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Latest from the desk
Daily reporting on regulation, launches, and market moves across prediction markets, crypto, sweepstakes, and DFS — curated, never reposted.
Lazio Signs Kaiyun Sports After Polymarket Deal Collapses
SS Lazio replaced its collapsed Polymarket deal with Asian betting operator Kaiyun Sports as of August 2026. Terms remain undisclosed.
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Prediction5h agoPolymarket Tests Parlays Ahead of NFL Kickoff
Polymarket entered parlay beta testing this week, targeting NFL season launch. The move puts crypto prediction markets in direct competition with DraftKings and FanDuel.
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BreakingPrediction9h agoPolymarket Referred Military Insider Trading Accounts to DOJ
Polymarket flagged dozens of accounts for potential military insider trading to the DOJ. The move signals a compliance shift for the crypto prediction market sector.
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Prediction13h agoCFTC Battles Soldier Over Polymarket Bet Legality
The CFTC is pushing into a criminal case against a soldier accused of an illegal Polymarket bet. The outcome could redefine U.S. prediction market law.
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Prediction17h agoNevada Uses NC Tax to Crack Kalshi's Federal Shield
Prediction2d agoDuffy-Selig Clash Derails CFTC Prediction Market Hearing
BreakingPrediction2d agoKalshi Blocked in Washington as CFTC Rewrites Rules
Prediction3d agoPrediction Markets: 2026 Senate Control Still a Coin Flip
Prediction4d agoCME and Kalshi Executives Clash at CFTC Hearing
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Prediction4d agoPolymarket Recruits Ex-Uber VP as Chief Growth Officer
Polymarket hired a former Uber VP as CGO as of August 2026, signaling an aggressive push into the U.S. prediction market.
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Prediction5d agoKalshi Seeks CFTC Nod for Copper Perpetual Futures
Kalshi filed for CFTC approval of a copper perpetual futures contract in August 2026, its boldest step beyond event-contract markets yet.
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BreakingPrediction5d agoCantor Opens Kalshi to 3,000 Institutional Clients
Cantor Fitzgerald gives ~3,000 institutional clients access to Kalshi event contracts. Block-trade execution could reshape prediction market liquidity.
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Prediction6d agoCFTC Eyes Formal Review of Prediction Markets
The CFTC may conduct a formal review of prediction markets as it works toward codified rules. No timeline is confirmed yet.
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BreakingPrediction6d agoCFTC Orders Kalshi to Defy New York's $36B Lawsuit
The CFTC issued an emergency order this week directing Kalshi to continue New York operations despite a $36B state lawsuit. The federal-vs-state clash could reshape U.S. prediction markets.
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Prediction6d agoKalshi Halts Sports Mention Markets Under CFTC Review
Kalshi paused sports mention markets this week as the CFTC launched a formal review. The outcome could reshape how prediction platforms structure sports-adjacent contracts.
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Prediction6d agoSouth Korea Blocks Polymarket as Restrictions Hit 30+
South Korea blocked Polymarket this week, joining 30+ jurisdictions. Regulators rejected the platform's peer-to-peer defense outright.
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BreakingPrediction6d agoCFTC Forces Kalshi to Stay Open in New York
The CFTC ordered Kalshi to keep operating in New York despite the state's shutdown lawsuit. The move sets up a landmark federal-preemption test for prediction markets.
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BreakingPredictionAug 18Polymarket Officially Banned in South Korea
South Korea's KCSC has banned Polymarket as of August 2026 following a month-long dispute over illegal gambling. The block signals tighter Asia-Pacific scrutiny of crypto prediction markets.
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BreakingPredictionAug 18Kalshi Seeks Injunction After CFTC Emergency It Helped Create
Kalshi filed for a Second Circuit injunction this week, citing a CFTC emergency declaration critics say the platform helped orchestrate.
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BreakingPredictionAug 18Kalshi Blocked in Washington Days After CFTC Support
A Washington court ordered Kalshi to block state residents from sports and election markets by Aug 19, 2026, days after the CFTC endorsed the platform.
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PredictionAug 17Saratoga Conference Puts Racing Reform in the Spotlight
The Saratoga Conference tackled Triple Crown reform, a Kalshi lawsuit, and the Far Hills betting probe. All three issues could reshape US racing wagering.
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BreakingPredictionAug 17Washington Orders Kalshi to Halt Prediction Markets
Washington state has ordered Kalshi to stop offering prediction market contracts to residents. Geofencing deadlines fall on Aug. 19 and Sept. 2, 2026.
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PredictionAug 17Kalshi Brings Nasdaq Surveillance to Prediction Markets
Kalshi has adopted Nasdaq's market-surveillance technology to combat insider trading and manipulation. The move signals a push toward institutional-grade legitimacy for prediction markets.
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PredictionAug 16IG Group's $1.3bn Underdog Bet on US Prediction Markets
IG Group is acquiring Underdog for $1.3bn, targeting the US prediction-market space. Regulatory clarity will determine whether the price holds up.
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PredictionAug 16Lazio Drops Polymarket After Italy Blocks Platform
SS Lazio ended its Polymarket sponsorship this week after Italy's regulator blocked the platform. The deal, signed April 2026, was set to run through 2027/28.
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BreakingPredictionAug 15Baltimore Sues Kalshi and Polymarket in August 2026
Baltimore filed lawsuits against Kalshi and Polymarket this week, escalating legal pressure on prediction markets beyond federal and state challenges.
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BreakingPredictionAug 15CFTC Probes Mention Markets as Cities Target Kalshi
The CFTC opened a probe into mention markets this week as Baltimore and New York separately targeted Kalshi and Polymarket. Regulatory pressure is now hitting from multiple levels simultaneously.
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BreakingPredictionAug 14Washington Judge Orders Kalshi to Halt Top Markets
A Washington judge ordered Kalshi to stop its most popular markets in the state. The ruling challenges Kalshi's claim that CFTC oversight overrides state gambling law.
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BreakingPredictionAug 13Baltimore Sues Kalshi, Polymarket, and Major Brokers
Baltimore sued Kalshi, Polymarket, Coinbase, Robinhood, and Webull over alleged illegal sports betting. The case tests CFTC preemption against state gambling law.
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PredictionAug 13Underdog, Polymarket Ramp Up Prediction Market Talent
Underdog hired former Kalshi executive Noah Zingler-Sternig this week. Polymarket also added staff, intensifying the prediction market talent race.
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BreakingPredictionAug 13FlightAware Drops Kalshi Lawsuit 24 Hours After Filing
FlightAware withdrew its lawsuit against Kalshi one day after filing. Kalshi updated at least one contract to list 'Primary Source Agency' as its data verifier.
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BreakingPredictionAug 12CFTC Orders Kalshi to Stay Live in New York
The CFTC directed Kalshi to keep sports prediction markets running in New York despite a state lawsuit. Federal preemption of state gambling law is now the central legal question.
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PredictionAug 11Utah Court Rules Kalshi Falls Under State Gambling Law
A federal judge ruled Utah's gambling laws apply to Kalshi's sports contracts. The decision threatens Kalshi's national expansion strategy.
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PredictionAug 11Kalshi Exec Rebukes NY Suit, Cites CFTC Oversight
Kalshi's head of enforcement appeared on Bloomberg TV this week to challenge New York's lawsuit, arguing CFTC oversight preempts state action.
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BreakingPredictionAug 11FlightAware Sues Kalshi Over Flight Cancellation Bets
FlightAware sued Kalshi in August 2026, alleging unauthorized use of its data and trademark to settle flight-cancellation contracts.
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PredictionAug 11Genius Sports CEO: Prediction Markets Are a Win-Win
Genius Sports CEO Mark Locke called prediction markets a win-win after signing deals with Kalshi and Polymarket. Legend acquisition synergies are also beginning to materialise.
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BreakingPredictionAug 10CT Court Denies Kalshi Injunction: 'Sports Wagers'
A CT federal judge denied Kalshi and Coinbase injunctions on Aug 10, 2026, calling the contracts sports wagers. The ruling bolsters state gambling authority.
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PredictionAug 9DraftKings Targets Prediction Rivals After Mixed Q2
DraftKings announced an offensive competitive strategy against prediction market rivals on its Q2 2026 earnings call, despite mixed quarterly results.
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PredictionAug 9Polymarket's Five-Second Exploit Cost Traders Millions
Traders exploited a five-second price window to drain millions from Polymarket. The platform is now switching to TWAP settlement to close the gap.
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PredictionAug 9FanDuel Predicts Falls Behind as Jackson Set to Exit
FanDuel Predicts trails rivals in volume and engagement as Matt Jackson prepares to leave Flutter. DraftKings' imminent entry raises the stakes further.
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PredictionAug 9Genius Sports Partners Polymarket and Kalshi in Data Push
Genius Sports signed multi-year deals with Polymarket and Kalshi, mirroring moves by rival Sportradar in the prediction markets sector.
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PredictionAug 7Sportradar Doubles Down on Prediction Markets
Sportradar signed multi-year data deals with Kalshi and Polymarket in 2026. CEO Carsten Koerl confirmed prediction markets are now a core growth vertical.
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PredictionAug 6BETBY Adds ePadel Tennis and eSumo to Esports Shelf
BETBY launched ePadel Tennis and eSumo this week, adding fast-paced virtual titles designed to raise bet-per-session rates for operators.
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PredictionAug 6Genius Sports Posts $76m Q2 Loss, Shares Hold Firm
Genius Sports recorded a $76m Q2 2026 net loss but shares rose to $8.48, backed by new deals with Polymarket and Kalshi.
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BreakingPredictionAug 5NY AG Hits Kalshi With $36 Billion Lawsuit
NY AG Letitia James sued Kalshi for $36B in July 2026, dwarfing Ohio's $5M fine. The case tests CFTC preemption of state gambling laws.
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BreakingPredictionAug 5Kalshi Signs Genius Sports Deal, Mirrors Polymarket Move
Kalshi partnered with Genius Sports for official data and integrity services on Aug 5, 2026, one day after rival Polymarket signed the same supplier.
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BreakingPredictionAug 5Polymarket-Genius Sports Deal Lifts NYSE Share Price
Polymarket and Genius Sports struck a deal this week to bring official data and live streams to prediction markets. Genius Sports shares jumped on the NYSE.
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PredictionAug 5Kalshi Loses Utah Injunction Bid in Preemption Fight
Judge Robert Shelby granted summary judgment to Utah, rejecting Kalshi's federal preemption argument. The ruling signals states may retain power over prediction market operators.
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PredictionAug 4Judge Denies Kalshi Injunction Against New York
A federal judge denied Kalshi's bid to block New York from enforcing sports betting laws against its contracts. The ruling keeps state enforcement pressure active.
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BreakingPredictionAug 4Polymarket Targets $20B Valuation Amid Sector Heat
Polymarket seeks a $20B valuation in a new raise, a 33% jump from its prior round, as competition in prediction markets intensifies.
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