2026-5-13 21:18 |
Moomoo is preparing to bring event contract trading to U. S. retail users, adding another mobile-first brokerage platform to the growing race to distribute prediction markets through mainstream trading apps. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
Veteran gaming lawyer Stephen Piepgrass says prediction markets are nearing the end of their “Wild West” era under a "nimble" CFTC with a "perfect storm" for a Supreme Court battle brewing. The post Prediction Markets in Tail End of ‘Wild West Stage’ Says Veteran Gaming Lawyer appeared first on DeFi Rate.
Kalshi showed $52 million in contract volume on UFC 328, one of the platform's biggest fight nights to date. Actual cash exchanged: $18. 98 million. Of that, 58. 4% backed Khamzat Chimaev, who lost a split decision to Sean Strickland.
An Arizona federal judge has permanently blocked the state from pursuing criminal charges against Kalshi, handing the CFTC a major win in its escalating battle to assert exclusive federal authority over the industry.
The rapid rise of prediction markets has pushed a new class of event-based trading platforms into the spotlight, with billions of dollars flowing into contracts tied to elections, economics, sports, weather, entertainment and more.
A May 4 deadline looms for Kalshi to geofence Nevada after Carson City District Court Judge Jason Woodbury granted a preliminary injunction to the Nevada Gaming Control Board on April 28. The state-court ruling, which followed Woodbury’s earlier characterization of sports event contracts as “indistinguishable” from placing a sports bet, adds to a litigation map […] The post Kalshi’s Sports Contract Cases Turn on Three Textual Hurdles: A Field Guide to Legal Fault Lines appeared first on DeFi Rate.
The Ohio Casino Control Commission (OCCC) is escalating enforcement action against Kalshi, announcing intentions to impose a $5 million fine for what it characterizes as “conducting unlicensed sports gaming” in the state.