Prediction market news
Sourced news on prediction markets: CFTC and state regulation, lawsuits, Polymarket and Kalshi launches, funding and volumes.
Regulation · 12.11.2026Rep. Ro Khanna urges Congress to prohibit sports prediction marketsCalifornia Democrat Ro Khanna wants Congress to prohibit sports prediction markets, citing addiction and harm to young people, adding a new voice to the regulatory debate.Regulation · 12.11.2026Bellevue man sues Kalshi over sports bets, testing prediction markets in WashingtonA Bellevue man is suing Kalshi for more than $580,000, arguing its sports betting violates Washington law, in a case that adds to legal pressure on prediction markets.Regulation · 12.11.2026CFTC examines whether Kalshi improperly self-certified event contractsThe CFTC is reportedly investigating whether Kalshi improperly self-certified event contracts, following an August directive to remove a sports-focused market; details of the probe remain unreported.Regulation · 12.11.2026Prediction markets show more than $50 million tied to Mississippi Senate raceKalshi and Polymarket together have more than $50 million in bets tied to Mississippi's U.S. Senate race, a sign of how large state-level election markets have become.Regulation · 12.11.2026Coinbase, Kalshi and Payward back CFTC in stock perpetuals case, a test for prediction marketsCoinbase, Kalshi and Payward want to file an amicus brief supporting CFTC authority over US single-stock perpetual futures, a case with wider implications for prediction markets.Analysis · 12.11.2026Robinhood Reports Record Equity Trading Day and Points to Prediction Markets GrowthRobinhood's brokerage chief said the company had its busiest equity trading day on record and described growth in prediction markets and AI trading, though the report gives no figures.Regulation · 12.11.2026Warren and Merkley Raise Ethics Concerns Over Trump Aide's Prediction Market BetsSens. Warren and Merkley have raised ethics concerns about a Trump aide's prediction market bets, following an August CFTC penalty over trades on Kalshi mention markets.
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