News

CFTC Prediction Markets Comment Deadline Nears as Gaming Contract Rules Face Scrutiny

The CFTC’s proposed rule on prediction markets is nearing its public comment deadline, with gaming-related event contracts and sports integrity coordination among the main issues raised for commenters.

Lottery Groups Press Regulators to Treat Prediction Markets as Gambling

Lottery organizations in North America and globally are escalating their push against prediction markets, arguing that sports and event contracts should be regulated as wagers rather than financial products.

Kalshi market shifts to Tyreek Hill’s recovery and next-team outlook

Tyreek Hill’s latest injury update is driving activity on Kalshi, where Miami or retirement currently leads his next-team market at 39%.

ProphetX brings regulated sports prediction markets to Players’ Lounge

Players’ Lounge users can now access ProphetX prediction markets on major sports, with the rollout limited to applicable U.S. jurisdictions.

Kalshi, Polymarket legal fight reaches California as tribes press Ninth Circuit case

A widening legal fight over Kalshi and Polymarket now includes California tribes at the Ninth Circuit, adding a major state-specific front to the national dispute over prediction markets and gambling law.

Kalshi launches 2026 midterms hub with live Senate and House market odds

Kalshi has rolled out a new Midterms Hub ahead of the 2026 elections, combining live market odds with polling averages, FEC fundraising data and curated race coverage.

House Democrats ask SEC to clarify oversight of securities-linked prediction markets

A group of House Democrats led by Rep. Sean Casten is urging the SEC to clarify whether prediction-market event contracts tied to stocks, indexes, and related financial metrics fall under the agency’s oversight.

CFTC proposal could narrow limits on political prediction markets as ethics scrutiny grows

A new CFTC proposal may make it easier for political event contracts to remain listed, but the bigger question is who can legally trade them and on what information.

Harrah’s Resort Southern California opens Tierra y Mar after $10.7M renovation

Harrah’s Resort Southern California has opened Tierra y Mar, a new Baja-inspired restaurant in Funner, California, following a $10.7 million transformation of the former Salt & Fin space.

Robinhood lists California midterm prediction markets with Democrats favored for governor

Robinhood’s California midterm prediction markets page shows the Democratic Party heavily favored in the governor race, while two House race contracts are currently listed at 0% for both parties.