Prediction Markets

Latest news, analysis and regulatory developments in prediction markets, including platforms such as Kalshi and Polymarket. Coverage includes legal frameworks, compliance issues, and the evolving role of event-based trading within global financial and iGaming ecosystems.

Explore how prediction markets work, their legal status, and how they differ from traditional gambling in our prediction markets guide and prediction markets regulation guide.

La Liga Signs Polymarket As Official Prediction Market Partner

La Liga has entered a multi-year agreement with Polymarket, naming the platform its Official and Exclusive Prediction Market Partner in the US and Canada. The collaboration will focus on expanding fan engagement across North America, particularly among younger audiences consuming football through digital and multi-screen platforms. Relevent CEO & Partner, Boris Gartner said: “Soccer’s growth, […]

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Canadian Regulators Approve Limited Rollout Of Prediction Markets

Canadian regulators have approved two firms to offer prediction market products, marking a controlled entry into the sector. Interactive Brokers Canada and Wealthsimple have been authorised by the Canadian Investment Regulatory Organization to offer trading in event contracts. These contracts will be linked to markets overseen by the Commodity Futures Trading Commission, which regulates platforms […]

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Prediction Markets Start Driving Global Oil Trading, Raising Trust Concerns

Key Points Traders now lean on prediction market data from Polymarket as signals inside oil trades and algorithm systems with rising urgency. Institutions like Goldman Sachs and Intercontinental Exchange bring this data into research and trading tools with growing reliance. Concerns grow around insider actions, weak liquidity, and risk of manipulation with feedback loops forming […]

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Texas Prioritise Prediction Markets In 2026 Interim Agenda

Texas Lieutenant Governor Dan Patrick has directed lawmakers to study prediction markets as part of the state’s 2026 interim legislative agenda. He tasked the Senate State Affairs Committee with reviewing what he described as the “sudden inundation” of prediction market gambling. The directive focuses on how these platforms operate and whether they are using federal […]

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Kalshi Set To Introduce Margin Trading Following NFA Approval

Kalshi has taken a key step toward introducing margin trading after its affiliate, Kinetic Markets LLC, received approval to operate as a futures commission merchant. The update appeared on the National Futures Association website on 23 March. This status opens a pathway for Kalshi to offer capital-efficient trading structures, though margin trading is not yet […]

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Washington Files Lawsuit Against Kalshi For Illegal Gambling Operations

Washington has filed a lawsuit against Kalshi, arguing that its prediction market platform constitutes illegal online gambling under state law. The complaint was submitted in King County Superior Court by the Washington State Attorney General’s Office. Authorities claim the platform violates both the state’s Gambling Act and Consumer Protection Act. Hence, the state seeks to […]

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Nevada Court Stops Coinbase Prediction Markets amid Legal Fight

Key Points A Nevada court issued a preliminary injunction on March 26, stopping Coinbase’s prediction market operations in the state, which created sharp tension. The ruling rejects claims that federal law overrides state gambling rules, and it strengthens state authority with firm control. This decision follows action against Kalshi, and it shows a wider legal […]

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Kalshi Records $800M Surge From March Madness

Kalshi has reported more than $800 million in trading during the opening weekend of March Madness, making it a standout player. The figure nearly doubles the total volume recorded across the entire tournament period in 2025. Last year, users traded $208 million during the first two rounds of the NCAA tournament. The latest numbers highlight […]

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