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Independent & editorially reviewed Odds & offers updated July 15, 2026
Archive
Boomer's Sportsbook CEO Joe Asher and Caesars Digital's Eric Hession told Nevada regulators that prediction markets are cutting into sportsbook handle despite court orders against them.
Brian Quintenz, whose nomination to lead the CFTC was withdrawn by President Trump last year, is now a senior advisor to the prediction market industry's advocacy group.
A federal judge denied Kalshi's request to block New York's gambling enforcement against its sports-event contracts, and the company has already appealed the ruling.
Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour about a potential acquisition last year before talks fell apart, with Meta now developing an internal play-money prediction market app called Arena, according to NPR.
An Ingham County Circuit Court judge granted Michigan a temporary restraining order against Kalshi on June 30, prohibiting the prediction market platform from offering sports event contracts in the state.
Liga MX has signed Polymarket as its exclusive prediction market partner in the US, a significant sponsorship deal that connects one of the world's most popular soccer leagues with the growing prediction markets industry ahead of the World Cup.
New York-based ProphetX has received dual DCM and DCO approval from the CFTC, making it the first sports-focused prediction market platform to operate as a fully direct-clearing federally regulated exchange.
The federal agency that oversees prediction markets has released its most detailed framework yet — one that preserves most sports contracts but draws new lines around manipulation-prone bets.
Sportradar Group AG and Kalshi have announced a first-of-its-kind multi-year global partnership that will bring official sports data, live odds, and integrity monitoring to the world's largest prediction market.
Robinhood has launched 2026 World Cup prediction markets through Rothera, a new CFTC-licensed exchange it co-owns with Susquehanna International Group, routing key contracts away from longtime partner Kalshi.
The 300,000-member hospitality workers union Unite Here has thrown its weight behind federal legislation that would explicitly classify prediction markets as gambling and ban sports event contracts, warning that platforms like Kalshi are putting casino jobs at risk.
As state lawsuits pile up and federal legislation threatens its sports contracts, Kalshi is quietly scrubbing gambling-related language from its official trademark filings — a sign that the platform is working to distance itself from the industry it is increasingly being compared to.
