Polymarket opened never-expiring Brent and WTI contracts with up to 20x leverage, racing Kalshi for around-the-clock crude as regulators still debate continuous oil trading.
DraftKings began routing real NFL combo volume onto its in-house DKeX exchange last week, testing whether Sunday football can clear without sending the most valuable tickets to partner venues.
Prospect Markets signed a binding Crypto.com and OG deal to offer U.S. sports event contracts, aiming to go live in Q3 before NFL kickoff and the NBA season.
Kalshi sealed a last-minute exclusive US Open partnership after qualifying, locking rivals out of venue and ESPN ads as traders already priced Sabalenka at 23% with $1.5 million in.
The CFTC ordered former White House teleprompter operator Gabriel Perez to pay $172,539 and accept a three-year trading ban after using advance speech drafts to trade Kalshi mention contracts.
Prediction markets work when they pay for genuine research and informed trading. Treating every information edge as misconduct blurs theft with analysis and weakens the public price signal those markets exist to produce.
A Ninth Circuit panel denied Kalshi, Crypto.com, and Robinhood injunctive relief, ruling sports event contracts are wagers—not swaps—and remain subject to state gaming laws, deepening a Supreme Court-bound split.
Young adults 18 to 21 have traded $5.4 billion on Kalshi this year, mostly in sports and parlays, reigniting the fight over whether event contracts should start at 21.
Two new Polymarket wallets put nearly $1.5 million on the CLARITY Act missing 2026, slashing passage odds to 14% as a September Senate cloture test looms.
Kalshi and The Weather Company will settle climate contracts on official weather data and show live market odds in The Weather Channel app, as weather trading races toward $1.1 billion.
