US regulator flags contracts tied to what public figures say or do, as NCPG calls prediction markets "functionally gambling" amid Kalshi's spreading legal battles.
Regulation
Tunica-Biloxi Tribe debuts SaltTrade with Kalshi as courts hand other tribes a win and probes hit Polymarket, DraftKings.
Five major U.S. sports leagues want regulators to permanently bar bettors who threaten athletes, as prediction-market fights escalate in several states.
Kalshi's moneyline, spread and total for Sunday's NFC East game show how closely its NFL markets now mirror licensed sportsbooks.
A Ninth Circuit ruling and a failed Senate vote both went tribal gaming's way this week, keeping the Kalshi sports-contract fight unresolved.
The federal regulator wants a judge to halt Connecticut's enforcement push against prediction-market platforms, as Robinhood joins the fight.
An analysis of Kalshi's own trade data finds sports and crypto contracts made up 95% of August volume, complicating its "swap" defence against state regulators.
A CFTC mandate pushed ProphetX, Novig and Kalshi to swap familiar plus/minus odds for percentages, sparking trader backlash south of the border.
NJ petitions SCOTUS as courts split on Kalshi; Michigan tightens its ban, and the NFL presses exchanges over player-injury markets.
A bill filed in Illinois would kill a months-old tax on sports prediction markets, but leaves the state's fight with Kalshi and the CFTC unresolved.