DraftKings has reorganised parts of its workforce as it ramps up automation and scales its prediction market ambitions, with management and analysts pointing to cost alignment, AI driven decisioning, and infrastructure changes ahead of a major 2026 sports calendar.
Brazil’s securities regulator has authorised B3 to launch the country’s first regulated prediction market product for professional investors, positioning the initial yes or no contracts on the dollar, the Ibovespa, and bitcoin under capital markets oversight rather than the national betting framework.
The International Association of Gaming Regulators has appointed former UAE regulator chief Kevin Mullally as its first chief executive officer, citing the need to expand operational capacity as its global influence and regulatory agenda continue to grow.
The SEC is stepping up scrutiny of prediction markets and coordinating weekly with the CFTC, as Chairman Paul Atkins told senators that contract design and activity can trigger overlapping jurisdiction and shape how regulators ultimately classify these products.
The UK Gambling Commission has officially categorised prediction markets as gambling, requiring operators to secure a Betting Intermediary licence and warning that unlicensed firms targeting British punters face criminal prosecution.
A Massachusetts judge has granted a preliminary injunction against prediction market Kalshi, prohibiting the platform from offering sports related contracts to residents without a state licence. The ruling, which follows a lawsuit by Attorney General Andrea Joy Campbell, marks the first successful state level block of the company’s sports business and challenges its claim that federal CFTC regulation preempts local gambling laws.
Nevada's landmark lawsuit against Polymarket marks a pivotal shift in the war between state gaming regulators and federally licensed prediction markets, as the "Silver State" seeks to protect its licensing monopoly from Silicon Valley's latest financial innovations.
A Polymarket trader turned $30,000 into $436,000 by betting on President Maduro's capture days before it happened, sparking debate over whether prediction markets incentivise insider trading on military conflicts.
Crypto exchange Kraken acquires CFTC licensed Small Exchange for $100m, gaining a DCM license to launch regulated US prediction markets and compete with Kalshi.
Nevada's top gaming regulator has dramatically escalated its fight against prediction markets, issuing a formal notice that warns its own licensees they could
Wolverhampton, UK - 30th September 2025 - A landmark joint summit between the United States' top two financial regulators, the SEC and the CFTC, which was
London, UK - 29th September 2025 - Kalshi, the federally regulated prediction market at the centre of a fierce US regulatory battle, has achieved a major
In a highly anticipated move, the United States' two most powerful financial regulators, the SEC and the CFTC, have announced they will convene a joint public
Probo, a prominent Indian opinion trading platform, has become the first major casualty of the country's new national online gaming law, announcing the
Financial technology firm Robinhood has taken the aggressive step of suing the state gambling regulators in New Jersey and Nevada, launching a direct legal
New Jersey has officially banned online sweepstakes and dual-currency gaming models after Governor Phil Murphy signed a new law targeting what regulators have
Retail investment platform Robinhood has announced it will begin offering football prediction markets to its millions of users, a move that pushes the popular