In a significant escalation of regulatory efforts, French gaming authorities have directed internet service providers to block access to the Polymarket platform after transaction bans proved ineffective amid rising engagement levels.
Rep. Dina Titus is pushing a bill to ban sports event contracts on prediction markets, forcing traders to quickly adapt their strategies as federal regulators tighten oversight on these high-volume activities.
The Commodity Futures Trading Commission has blocked KalshiEX from forcibly liquidating trades held by Michigan residents, overriding a state court order in a significant defense of federal derivatives market authority.
North Carolina’s new budget boldly authorizes prediction market trading with a modest 6% tax on net fees—far lighter than sports betting’s 23% levy—igniting fierce debate over revenue shifts, regulatory gaps, and the future of event-based markets.
In a major blow, Kalshi’s emergency bid to dodge Nevada geofencing rules was denied, paving the way for a July 16 contempt hearing that could impose hefty sanctions on the platform.
Kalshi has fired back in federal court, suing Illinois officials to block new taxes and licensing rules on sports event contracts—setting up a high-stakes clash over federal preemption and nationwide trading access.
A consumer protection group has sued Polymarket, alleging the platform orchestrated a flagrantly deceptive campaign of fake winning-bet videos that targeted young traders while obscuring real risks.
Rep. Bryan Steil is advancing a sweeping ban on congressional trading in prediction markets, igniting fierce debate over ethics and innovation as Kalshi and Polymarket volumes hit record highs.
Kentucky Attorney General Russell Coleman has filed explosive lawsuits against Kalshi and Polymarket, accusing the platforms of operating illegal unlicensed sportsbooks through sports event contracts in a dramatic federal-state clash.
On June 16, 2026, Novig’s Ludlow Exchange secured full CFTC Designated Contract Market approval, unlocking nationwide commission-free peer-to-peer sports event trading for traders 21 and older. A major leap for regulated sports markets.
