WSJ Investigation: Almost Everyone Loses on Prediction Markets — Except a Small Group of Pros
A Wall Street Journal investigation found that 67% of profits on Polymarket go to just 0.1% of accounts, while more ...
Tag: Kalshi
Massachusetts Supreme Court Signals It May Side With the State Against Kalshi
Justices at Massachusetts's highest court grilled Kalshi over whether its sports event contracts are really just sports bets in financial ...
Texas Lt. Governor Wants to Ban Prediction Markets — Here’s Why the Feds Are Blocking Him
Dan Patrick directed Texas senators to close the prediction market 'gambling loophole,' but the Trump administration's CFTC is actively fighting ...
Minnesota’s Senate Just Voted 56-10 to Ban Prediction Markets — What Kalshi and Polymarket Users in the State Need to Know
The Minnesota Senate passed a bipartisan 56-10 vote to ban prediction market wagers on sports, weather, pop culture, war, and ...
The Coalition for Prediction Markets Just Asked the CFTC to Redefine “Gaming” — Here’s Why It Matters
The Coalition for Prediction Markets — including Coinbase, Kalshi, and Robinhood — filed a formal letter asking the CFTC to ...
Why Kalshi and Polymarket Are Sitting Out the Kentucky Derby
Prediction markets will let you bet on elections, Fed rate decisions, and the Super Bowl — but when it comes ...
Kalshi Is Now the Fourth-Largest Sports Betting Operator in the US — But It Still Won’t Call Itself a Sportsbook
Eilers & Krejcik Gaming ranked Kalshi as the fourth-largest U.S. sports betting operator by handle in March 2026 — ahead ...
US Senate Bans Members From Betting on Prediction Markets — What It Means for Regular Bettors
The Senate unanimously banned its own members from trading on Kalshi and Polymarket after a string of insider trading scandals. ...
Sports Leagues and Players Unions Are Asking the CFTC to Regulate Prediction Markets — What That Means for Bettors
The NFLPA, MLBPA, NBPA, NHLPA, and MLSPA have formally asked the CFTC to impose new rules on prediction markets. If ...
Iowa’s Predict-and-Tax Approach Just Advanced in the House — What SF 2470’s Progress Means for Bettors
Iowa's Senate File 2470 cleared a House subcommittee, keeping alive the only state-level bill designed to regulate and tax prediction ...
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