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Polymarket filed a federal lawsuit against Massachusetts on Monday, escalating a nationwide jurisdictional clash between prediction market operators and state gaming regulators. The company argues federal commodities law preempts state gambling regulations, three days after a Massachusetts judge den

Prediction markets are beginning to move beyond their roots as speculative betting platforms and toward becoming core infrastructure for information and automated trading, according to Gianluca P., founder of prediction market platform Predik. Rather than competing on novelty or regional expansion,

Coinbase rolled out prediction markets to US users on January 28, enabling trading on elections, sports, and economic events through regulated partner Kalshi. The launch arrives as Kalshi confronts cease-and-desist orders and lawsuits across nine states, with regulators claiming the $11 billion comp

Prediction markets are moving beyond niche speculation and into the core of financial market structure, as major exchanges, cryptocurrency platforms, and regulators converge on a category that now exceeds $600 million in active volume. According to analysis from Delphi Digital, the next phase of pre

Tennessee became the ninth state to order prediction market platforms to cease sports betting operations. The Tennessee Sports Wagering Council sent cease-and-desist letters January 9 to Kalshi, Polymarket and Crypto.com. Kalshi filed a federal lawsuit the same day. Platforms must refund Tennessee u