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🗞 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.
⚖️ 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.
⚖️ 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.
⚖️ 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.
⚖️ 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.
🤝 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
⚖️ REGULATORY
‘Profiting off misery.' Lawmakers push back on Polymarket bets on deadly LA wildfires - NBC Los Angeles

‘Profiting off misery.' Lawmakers push back on Polymarket bets on deadly LA wildfires NBC Los Angeles