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Kalshi and Polymarket traders now narrowly favor Democrats to win the U.S. Senate, though the market still points to a close race and includes a Florida special election seat in the 2026 map.
Five major pro sports leagues and their players associations are urging state gambling regulators to permanently revoke betting privileges for anyone who threatens or abusively harasses athletes, coaches, officials, team personnel or their families.
FOIA records cited in a new report indicate the CFTC quietly approved three previously undisclosed investigations tied to trading on Polymarket contracts in 2026.
An editorial published Friday argues that federal support for prediction markets and other technology priorities could become a political liability, with polling cited in the piece showing many Americans view the products as closer to gambling than investing.
Kalshi’s trending prediction markets this week span Sunday Night Football, Brazil’s election, the Resident Evil reboot, a Northern Ireland border poll contract and the Fed’s next rate decision.
Florida’s gambling rules still draw a sharp line between legal sports betting and unlicensed online casino-style play, and that distinction is now at the center of lawsuits against two sweepstakes operators.
