NBA Prediction Markets Pact: CFTC Signs Non-Binding MOU as League Picks Kalshi and Polymarket
The CFTC and NBA signed a non-binding information-sharing MOU on 26 October 2026, as the league named Kalshi and Polymarket preferred exchanges.
Kalshi Raises $1 Billion at a $40 Billion Valuation in Series G Round Co-Led by Sequoia and Wellington
Kalshi closed a $1 billion Series G at a $40 billion valuation on 29 October 2026, up about 82% since May, a day after Utah charged it and its founders.
Utah Files 14 Criminal Charges Against Kalshi and Its Co-Founders Over Sports Event Contracts
Utah's attorney general charged Kalshi, Tarek Mansour and Luana Lopes Lara with 13 felonies and a misdemeanor after an undercover agent placed 12 sports bets.
Kalshi Sues Louisiana Officials in Federal Court to Shield Its Sports Event Contracts
Kalshi has sued Louisiana's attorney general, governor and gaming regulators in federal court, arguing the CFTC, not the state, governs its sports contracts.
North Carolina Tightens Ethics Rules as Prediction Markets Expand
North Carolina Governor Josh Stein extended ethics rules to prediction markets, banning employees from using insider information for profit.
Kalshi’s Maryland court fight draws tribal opposition
A coalition of 27 tribes opposes Kalshi in Maryland, citing CFTC Rule 40.11 and IGRA violation concerns over prediction market.
CFTC Faces Divided Opinions
CFTC's upcoming roundtable on prediction markets reveals deep divisions among stakeholders over regulation.