⚖️ REGULATORY
White House to Senate: Pass Clarity Act by Sept. 15 or Never
The White House says the Senate has until September 15 to advance the Clarity Act after Democrats blocked a procedural vote before the August recess, with prediction markets now pricing roughly a one in four chance the bill becomes law in 2026. A Hard Deadline From the White House Patrick Witt, executive director of the […]
White House to Senate: Pass Clarity Act by Sept. 15 or Never
The White House says the Senate has until September 15 to advance the Clarity Act after Democrats blocked a procedural vote before the August recess, with prediction markets now pricing roughly a one in four chance the bill becomes law in 2026. A Hard Deadline From the White House Patrick Witt, executive director of the […]
⚖️ REGULATORY
Connecticut Judge Finds Kalshi Sports Contracts Are Not Swaps, Rejects Preemption Bid
The federal court decides that Kalshi is unlikely to prevail on either of its central legal arguments, while noting that sports generated up to 90% of the prediction market’s revenue. A Connecticut federal judge has denied Kalshi’s request to block the state from enforcing its gambling laws against the prediction market, finding that its…
Connecticut Judge Finds Kalshi Sports Contracts Are Not Swaps, Rejects Preemption Bid
The federal court decides that Kalshi is unlikely to prevail on either of its central legal arguments, while noting that sports generated up to 90% of the prediction market’s revenue. A Connecticut federal judge has denied Kalshi’s request to block the state from enforcing its gambling laws against the prediction market, finding that its…
🗞 NEWS
Knicks on Christmas? Kalshi Market For New York's Opponent on X-Mas
Event contract markets are open on Kalshi for the New York Knicks opponent on Christmas Day.
Knicks on Christmas? Kalshi Market For New York's Opponent on X-Mas
Event contract markets are open on Kalshi for the New York Knicks opponent on Christmas Day.
⚖️ REGULATORY
Polymarket makes moves to get house in order before expected boom times for prediction markets this fall
The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices.
Polymarket makes moves to get house in order before expected boom times for prediction markets this fall
The marketing changes come amid an investigation by the Commodity Futures Trading Commission into the company's promotional practices.
🗞 NEWS
Kalshi CEO slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market as a college grad
Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’
Kalshi CEO slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market as a college grad
Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’
Fortune
Kalshi CEO slams founders for being over-reliant on ‘mostly trash’ business advice—he founded his now-$22 billion prediction market…
Kalshi’s 30-year-old CEO says most business advice is ‘trash’—he doesn’t read management books or listen to podcasts: ‘I’m gonna make it up as I go’
⚖️ REGULATORY
Kalshi Parlay Bettors Lose More Than Headline Numbers Show — Money Betting Against Them is Masking it
Bloomberg reports Kalshi parlay players losing as much as $294 million since the start of the year, but the actual number is probably a lot more. Gambling Insider investigates.
Kalshi Parlay Bettors Lose More Than Headline Numbers Show — Money Betting Against Them is Masking it
Bloomberg reports Kalshi parlay players losing as much as $294 million since the start of the year, but the actual number is probably a lot more. Gambling Insider investigates.
⚖️ REGULATORY
Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach
Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.
Is betting on elections using prediction markets illegal? Many states are unsure as midterms approach
Twenty-three states have laws banning betting on elections, according to Pew Research. Not every state is sure these rules apply to prediction market trades.
⚖️ REGULATORY
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
🤝 DEALS
There’s A Lot Of Polymarket On MLB TV - The Closing Line
There’s A Lot Of Polymarket On MLB TV The Closing Line
There’s A Lot Of Polymarket On MLB TV - The Closing Line
There’s A Lot Of Polymarket On MLB TV The Closing Line