Betting News
Bipartisan Bill Targets Political Betting by Federal Officials
Bipartisan lawmakers introduced the PREDICT Act to ban federal officials and families from prediction market trading, with fines and profit ...
MLB Partners With Polymarket, Tightens Oversight on Betting Integrity
North America’s top-tier baseball league has joined forces with Polymarket and the CTFC on a deal designed to improve information-sharing ...
Arizona AG Charges Kalshi With Illegal Gambling Over Election Betting
Prediction market Kalshi has been charged by the attorney general of the US state of Arizona with operating an unlicensed gambling platform ...
War Wagers Surge as Conflict Betting Hits Record $2.4B and Scrutiny Mounts
Prediction market Polymarket saw a record $2.4 billion in total wagers last week, with $425 million tied to geopolitics as traders piled int...
Nevada Gaming Regulator Sues Coinbase Over Unlicensed Sports Betting Contracts
Nevada Gaming Control Board has filed a civil enforcement action against Coinbase, alleging the company offered unlicensed wagers on sports ...
Polymarket Scores Big With Exclusive MLS Partnership
Polymarket has signed an exclusive licensing deal with Major League Soccer, becoming the league’s sole prediction market partner across ma...
Prediction Market Kalshi Hit With Class Action Alleging Illegal Sports Betting and Rigged Market-Making
Prediction market platform Kalshi is facing a proposed class action in New York accusing it of running unlicensed sports betting and mislead...
Kalshi’s Valuation Skyrockets as Investors Bet on a Prediction-Market Duopoly with Polymarket
Kalshi’s private valuation has more than doubled in just a few weeks as it claws market share away from Polymarket. ...
Trump Media to Launch ‘Truth Predict’ Betting Platform on Truth Social
It looks like Trump Media wants a piece of the prediction market action, as it has partnered with Crypto.com to host a live beta on the Trut...
Kalshi Sues New York Regulator in Fight Over Sports Betting Authority
Prediction market Kalshi has filed suit against the New York State Gaming Commission in Manhattan federal court, seeking to block a cease-an...
Polymarket Eyes $9B Valuation as Kalshi Nears $5B in New Fundraises
Polymarket is preparing a US launch that could value the blockchain-powered prediction market at up to US$10 billion (AU$15.25 billion), acc...
Bitcoin Bulls vs. Bettors: $200K Dreams Clash with $100K Fears
Polymarket traders remain split on Bitcoin’s trajectory for the rest of 2025. While some analysts still point to a possible move toward US...