Prediction Markets Rode the World Cup to a Surge
Industry
July 20, 2026
Kalshi broke records as H2 Gambling Capital said the category reached 27% of legal U.S. sports-betting volume
Kalshi
Kalshi Hires Ex-Underdog Executive to Lead Private Client Sales
Industry
July 19, 2026
Dillon Borgida will build a white-glove service for advanced traders as the exchange pushes further into institutional business.
New Jersey Faces Aug. 4 Supreme Court Deadline in Kalshi Fight
Industry
July 07, 2026
The state wants more time as prediction markets swell and other courts weigh the same legal question.
Polymarket’s World Cup Market Tops $3.9 Billion as Annualized Revenue Clears $1 Billion
Industry
July 06, 2026
The tournament has driven record trading even as states and regulators intensify the fight over prediction markets.
North Carolina Budget Lifts Sports-Betting Tax to 23% and Adds Prediction-Market Levy
Industry
July 03, 2026
Lawmakers sent the package to Gov. Josh Stein with a gambling-loss deduction, new university revenue rules and a tax aimed at CFTC-licensed platforms.
Michigan Regulator Quits Problem-Gambling Council Over Kalshi Membership
Industry
July 03, 2026
The board said the prediction market’s place in NCPG blurred the line between regulated sportsbooks and unlicensed betting.
U.S. World Cup Betting and Prediction Markets Could Each Reach Billions, With a Deep Run Set to Drive the Biggest Spikes
Industry
June 28, 2026
Analysts estimated $2.9 billion wagered on U.S. sportsbooks, alongside $2.5 billion-plus in U.S. prediction-market trading, as the tournament’s match-by-match dynamics come into focus.
Kalshi Sued Illinois to Block SB 3019 From Regulating Its Prediction-Market Sports “event Contracts” Before July 1
Industry
June 28, 2026
The company sought a temporary restraining order and preliminary injunction, arguing Illinois’s licensing, tax and geolocation rules conflict with the CFTC’s federal authority over event contracts.
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