readwrite.comadded August 2026
ReadWriteby ReadWrite23d ago
Missouri Attorney General Catherine Hanaway is pursuing cease-and-desist action against prediction-market companies operating in the state, while Montana has agreed to pause enforcement against...
ReadWriteby ReadWrite23d ago
BMLL and Kalshi have formed a strategic partnership that folds Kalshi’s historical prediction-market data into BMLL’s standardized capital-markets data environment, giving quantitative research...
ReadWriteby ReadWrite24d ago
The Commodity Futures Trading Commission issued new guidance on September 17 that could widen online access to cryptocurrency and prediction-market trading by exempting certain software providers...
ReadWriteby ReadWrite24d ago
State Rep. Travis Weaver, R-Peoria, filed House Bill 5814 on Monday to repeal an Illinois tax on sports wagering and fantasy contests. The measure targets a levy Gov. J.B.
ReadWriteby ReadWrite24d ago
Lead Robinhood’s futures and prediction-markets vice president and general manager, JB Mackenzie, said trading activity in prediction markets was rising ahead of the Federal Reserve’s rate...
ReadWriteby ReadWrite25d ago
The Ninth Circuit ruled 3-0 in favor of the Blue Lake Rancheria and Chicken Ranch Rancheria of Me-Wuk Indians on Wednesday, reversing a lower court’s denial of a preliminary injunction concerning...
ReadWriteby ReadWrite25d ago
The California Nations Indian Gaming Association urged Senate Majority Leader John Thune, R-South Dakota, and Minority Leader Chuck Schumer, D-New York, not to bring up the CLARITY Act on Tuesday...
ReadWriteby ReadWrite25d ago
Lead The Texas Senate State Affairs Committee heard testimony Tuesday on whether online prediction markets such as Kalshi should be treated as federally regulated financial exchanges or as gambling...
ReadWriteby ReadWrite26d ago
The U.S. Senate rejected a procedural motion needed to advance the CLARITY Act on Tuesday, blocking legislation that tribal-gaming operators and lawmakers said was a crucial step toward stopping...
ReadWriteby ReadWrite26d ago
Kalshi and Polymarket Global combined for $14.10 billion in contract volume during the Sept. 7-13 week that opened the NFL regular season, according to a DeFi Rate volume report.
ReadWriteby ReadWrite26d ago
Polymarket launched event contracts tied to private-company milestones this week, expanding into IPO timing, valuation targets and secondary-market activity for firms including OpenAI, Anthropic...
ReadWriteby ReadWrite27d ago
The Ninth Circuit Court of Appeals ruled on August 28 that sports-related event contracts offered by prediction-market platforms are not swaps under federal commodities law, clearing the way for...
ReadWriteby Suswati Basu8 Sept 2026
Underdog Exchange DCM, Inc. and UDM, LLC, which does business as Underdog Predict, have taken regulators in Ohio, Massachusetts, and Wisconsin to federal court, after dropping Drafts in seven...
ReadWriteby Suswati Basu8 Sept 2026
Coinbase says Kalshi caused a mistaken prediction-market settlement tied to Michigan’s wild 13-12 win over Western Michigan.
ReadWriteby Suswati Basu7 Sept 2026
Americans are projected to legally bet $29.5 billion on the 2026 NFL season through regulated commercial sportsbooks, according to a new American Gaming Association estimate.
ReadWriteby Suswati Basu7 Sept 2026
Kalshi had to undo payouts on a college football prediction market after declaring Western Michigan the winner against Michigan before officials had actually finished deciding the game.
ReadWriteby Suswati Basu7 Sept 2026
Underdog Fantasy is pulling new Drafts entries from seven U.S. states this week after founder Jeremy Levine said regulators left the company facing a choice between state fantasy licenses and...
ReadWriteby Suswati Basu4 Sept 2026
Bally’s Corporation is changing finance chiefs as the casino company pours money into major developments, deals with financial pressure and fights over video gambling terminals in Chicago.
ReadWriteby Suswati Basu4 Sept 2026
Three members of Congress have renewed their pressure on FanDuel, saying the betting operator still has not explained how its VIP program handles customers who may be struggling with gambling...
ReadWriteby Suswati Basu4 Sept 2026
The NFL is again asking designated contract markets to pull several types of football-related prediction contracts, making another push as the 2026 season gets underway.
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