Kalshi Challenges Illinois Prediction Market Restrictions in Court
Kalshi has initiated legal action against Illinois officials over new legislation that it claims unlawfully restricts its prediction market operations.
Tag prediction markets
Polymarket Allegedly Pays Creators for Misleading Betting Videos
An investigation reveals Polymarket's strategy of incentivizing creators to produce deceptive content promoting its prediction market.
Polymarket Pursues Entry into Japan Amid Regulatory Challenges
Polymarket is aiming for a foothold in Japan by 2030, despite facing stringent gambling laws and increased global scrutiny of prediction markets.
US Government Leverages AI to Combat Insider Trading in Prediction Markets
The Commodity Futures Trading Commission is intensifying efforts to monitor insider trading in prediction markets, employing AI tools to analyze suspicious trading patterns.
CFTC Faces Divergent Views on Prediction Market Regulations
The CFTC's proposed rules for prediction markets have elicited over 1,500 responses, revealing a split between support for regulatory guidance and calls for stricter oversight.
Senate Bans Members from Betting on Prediction Markets
In a unanimous vote, U.S. senators have prohibited themselves from participating in prediction markets, following revelations of candidates betting on their own campaigns.
taxation: Tax Day Dilemma: Navigating Prediction Market Profits
As prediction markets gain traction, tax experts face uncertainty over how to report winnings, leaving many taxpayers in a precarious position.
Kalshi Enforces Insider Trading Policy, Bans Politician and YouTube Editor
Kalshi has banned a former California gubernatorial candidate and a YouTube editor for violations of its insider trading policy, highlighting the platform's commitment to regulatory compliance.
