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The Crypto.com-affiliated exchange behind OG has sued Washington officials before the state takes enforcement action against its prediction markets. The complaint argues that federal commodities law protects OG from state…
Wisconsin election officials say residents who trade contracts tied to an election may become ineligible to vote in that same contest. Kalshi accused the commission of voter suppression and warned…
Kambi says its first entirely AI-traded World Cup processed more than $1.14 billion in stakes and over 100 million bets without manual trading intervention. The sportsbook supplier is also evaluating…
A Washington state judge has granted a preliminary injunction against Kalshi after rejecting its argument that federal commodities law overrides state gambling rules. The court found Washington is likely to…
Council of Europe Secretary General Alain Berset has urged FIFA to begin work on a new integrity framework for the 2030 World Cup, directly linking player-action betting and FIFA’s own…
Prediction markets recorded nearly $2 billion in final-specific trading as Spain defeated Argentina to win the 2026 World Cup. Kalshi accounted for almost 96% of the combined volume, with activity…
Underdog has filed the first seven sports event-contract templates for UDX, the federally regulated exchange it acquired in March. The filings target an initial listing no later than July 17,…
France’s 2-0 semifinal defeat to Spain eliminated one of the most heavily backed teams on U.S. sportsbooks, wiping out major outright and player-prop liabilities. The result also closed France’s positions…
A bipartisan group of U.S. lawmakers wants online sportsbooks and prediction markets to scan users’ faces to estimate their age before allowing them to bet or trade. The proposal promises…
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades…