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Betr has acquired a CFTC-registered introducing broker, allowing the company to fast-track plans to launch prediction markets powered by Polymarket. Betr has acquired Ascent Capital Management Inc., securing National Futures…

Minnesota’s new prediction market ban immediately triggered a federal lawsuit, while governors in Louisiana and Iowa signed gambling-related bills, and Tennessee’s sweeps deadline arrived. Despite legislative sessions winding down across…

Representing prediction markets, Patrick McHenry was grilled about the rising asset class by his former colleagues during a hearing on Capitol Hill. As Wednesday’s congressional hearing veered from the topic…

Recent developments in Ireland and India have intensified scrutiny around prediction market integrity, market manipulation, and cross-border enforcement. Irish Finance Minister Simon Harris called prediction markets a “wild, wild west”…

The announcement that the NCPG and Kalshi have partnered to create a new council membership category for financial services and trading is raising eyebrows. Whether prediction markets, particularly their popular…

Schuler has been among the more vocal and visible regulators regarding sports betting, athlete safety. (UPDATE: 5/20 3:30 pm ET: This story has been updated to include comments from Wednesday’s…

Fechtmeyer told Gambling Insider that the sweepstakes industry has chosen to pursue state-by-state engagement with lawmakers rather than the litigation strategy adopted by prediction market operators. ARB Interactive CEO Patrick…

The CFTC says Minnesota’s new prediction market law unlawfully criminalizes federally regulated event contracts, including weather and crop-related markets used by farmers and commercial hedgers. The Commodity Futures Trading Commission…

Iowa’s new law gives regulators clearer authority to pursue unlicensed gambling operators, which could extend to sweepstakes casinos. Iowa Gov. Kim Reynolds has signed SF 2289, giving state regulators expanded…

A new Wall Street Journal investigation into Polymarket’s dispute-resolution system is expanding scrutiny of the mechanics of market resolution. Over the past year, the rapid rise in popularity of prediction…