Fanatics takes full control of its prediction market infrastructure by acquiring a CFTC-regulated exchange and clearinghouse from BGC Group, unlocking faster event contract listings and combined data products for traders.
A federal judge blocked a first-of-its-kind Minnesota state ban on prediction markets days before it took effect, delivering an early win to the CFTC, Kalshi, and Polymarket in a preemption fight.
Prediction markets promise clear forecasts of tomorrow. Yet when reality is contested, ambiguous rules turn them into narrative battlegrounds, revealing a design flaw that undermines their claim as truth machines.
LeBron James’s surprise signing with the 76ers sent NBA title odds soaring overnight. Traders raced to reprice contracts, vaulting the team into third place behind the Thunder and Spurs.
Robinhood advances high-stakes talks with Crypto.com to integrate yes-or-no event contracts into its app, intensifying rivalry with Kalshi as volumes surge and Bernstein forecasts $1.7 billion in revenue by 2028.
The CFTC’s Division of Market Oversight issued its second 2026 warning against broad template-style self-certifications for event contracts, demanding detailed terms and analysis for every variation or risk delayed listings.
Prediction markets have moved from niche curiosity to serious trading venues and with real money on the line, risk management…
Prediction markets once promised collective intelligence on vital questions. Yet sports contracts now dominate trading volumes, attracting liquidity while inviting gambling scrutiny that threatens their truth-seeking brand and non-sports value.
Netflix premieres Instadocs: The Prediction Games today, featuring interviews with Polymarket and Kalshi CEOs plus the CFTC chair, even as Kalshi demands the trailer’s removal over alleged misleading trade footage.
Hedgeye Asset Management files for HDEM and HREP ETFs, offering continuous exposure to Democratic and Republican electoral performance through event contracts and derivatives ahead of the midterms.
