Last mentioned: Mar 26, 2026
State Court Hearing
Potential date for arguments regarding the classification of prediction markets as gambling.
State Court Hearings
Nevada courts to determine if prediction markets violate state gaming statutes.
Policy Implementation
Kalshi and Polymarket simultaneously announce bans on insider trading to preempt regulatory action.
Coordinated Response
Kalshi and Polymarket announce sweeping new bans on insider trading and high-risk participants.
Insider Trading Bans
Both platforms announce formal prohibitions on trading with non-public information.
PREDICT Act Introduction
Reps. Budzinski and Smith officially introduce the PREDICT Act in the House.
PREDICT Act Debut
Reps. Budzinski and Smith officially introduce the PREDICT Act in the House.
Legislative Threat
Bipartisan Senate bill introduced to ban sports betting on prediction platforms.
Suspicious Activity
Reports emerge of insider trading on US-Iran ceasefire contracts.
VC Fund Launch
CEOs of Kalshi and Polymarket back a $35M fund for the prediction market sector.
Platform Self-Regulation
Polymarket and Kalshi unveil new internal measures to thwart insider trading.
Industry Self-Regulation
Polymarket and Kalshi announce new internal measures to thwart insider trading.
State Pressure
Illinois regulators declare prediction markets a form of illegal gambling.
Truth Predicts Launch
The family officially enters the prediction market industry with a Truth Social integration.
Senate Bill Introduced
Sens. Curtis and Schiff introduce legislation to ban sports betting on prediction markets.
The Flip
Democrats officially overtake Republicans as the favorites for Senate control on both major platforms.
Anticipated State Hearing
Expected date for initial state court arguments regarding the legality of prediction markets in Nevada.
Self-Policing Debate
Lawmakers express public concern over the ethics of participating in markets they can influence.
Self-Policing Debate
Lawmakers publicly voice concerns about the lack of clear guidelines for betting on their own legislative work.
Public Debate
Lawmakers publicly express concern over self-policing in the prediction market boom.
Lawmakers have introduced the bipartisan PREDICT Act to prohibit members of Congress, the President, and senior executive officials from trading on prediction markets. The legislation aims to prevent the exploitation of non-public information regarding policy decisions and political events on platforms like Polymarket and Kalshi.
Bipartisan lawmakers have introduced the PREDICT Act to prohibit federal officials, including the President and members of Congress, from trading on prediction markets. The legislation aims to prevent the exploitation of non-public information regarding policy decisions and geopolitical events.
Leading prediction markets Kalshi and Polymarket have introduced strict new prohibitions on insider trading to bolster market integrity and regulatory compliance. The move marks a significant professionalization of the industry as it seeks to transition from niche speculative platforms to mainstream financial instruments.
Prediction market leaders Kalshi and Polymarket have introduced comprehensive new prohibitions on insider trading to bolster market integrity and appease federal regulators. The move marks a critical pivot toward institutional-grade compliance as event-based wagering enters the financial mainstream.
Leading prediction platforms Kalshi and Polymarket have introduced comprehensive bans on insider trading to bolster market integrity and regulatory compliance. The move comes as event-based wagering faces increased scrutiny from federal regulators following a surge in political and economic betting volumes.
Leading prediction platforms Kalshi and Polymarket have introduced comprehensive new policies to prohibit insider trading, signaling a major shift toward institutional-grade compliance. These measures aim to protect market integrity and satisfy mounting regulatory pressure following the explosive growth of event-based wagering.
Leading prediction markets Kalshi and Polymarket have implemented sweeping new bans on insider trading to preempt restrictive federal legislation. The move comes as US Senators advance a bipartisan bill aimed at curbing the platforms' expansion into sports and political betting.
Leading prediction platforms Kalshi and Polymarket have implemented strict new prohibitions on insider trading as U.S. lawmakers intensify efforts to curb event-based wagering. The move represents a defensive maneuver by the industry to establish institutional legitimacy and stave off aggressive federal intervention.
Leading prediction platforms Kalshi and Polymarket have implemented strict new prohibitions on insider trading to bolster market integrity. The self-regulatory move comes as U.S. senators introduce legislation aimed at curbing the influence and operation of event-based betting markets.
Coinsilium Group has announced a strategic expansion into the decentralized prediction markets sector, leveraging its venture-building model to support emerging protocols. The move follows a period of record-breaking volume for prediction platforms, signaling Coinsilium's intent to capture market share in the rapidly evolving forecasting economy.
The Trump family is launching 'Truth Predicts,' a prediction market platform integrated with Truth Social, marking a strategic shift from physical casinos to digital event-based wagering. This move aims to monetize the political discourse within the MAGA ecosystem while challenging established players like Polymarket and Kalshi.
Arizona Attorney General Kris Mayes has filed criminal charges against prediction market platform Kalshi, marking a major escalation in state-level crackdowns on event-based betting. The legal action challenges Kalshi’s federal regulatory standing and could redefine the boundary between state gambling laws and federal derivatives oversight.
Arizona Attorney General Kris Mayes has initiated criminal proceedings against Kalshi, marking a significant escalation in state-level opposition to event-based prediction markets. The move challenges the federal oversight of the Commodity Futures Trading Commission (CFTC) and could redefine the legal boundary between financial derivatives and illegal gambling.
Traders on Kalshi and Polymarket have sharply reversed their bets on U.S. Senate control, with Democrats now favored over Republicans. This significant shift in political sentiment is largely attributed to escalating geopolitical tensions in Iran, which have reshaped the risk landscape for bettors.
Traders on Kalshi and Polymarket have reversed their positions on U.S. Senate control, with Democrats now favored to retain power. This sharp shift in market sentiment follows escalating geopolitical tensions in Iran, signaling a major reassessment of political risk.
The rapid ascent of prediction markets has triggered a legislative debate over whether members of Congress should be barred from participating in markets they can directly influence. As these platforms move from the periphery to the mainstream, the risk of insider betting by government officials has become a central regulatory concern.
The rapid growth of prediction markets has created a new ethical dilemma for lawmakers who may possess non-public information on legislative outcomes. As platforms like Kalshi and Polymarket gain mainstream traction, calls are intensifying for updated regulations to prevent members of Congress from profiting on 'event contracts.'
As prediction markets for political outcomes experience unprecedented growth, U.S. lawmakers are facing mounting pressure to establish self-policing mechanisms. The intersection of legislative influence and financial stakes in election outcomes has created a regulatory vacuum that challenges existing ethics frameworks.
California legislators have introduced a bill to prohibit wagering on geopolitical conflicts and acts of terrorism, targeting the growing popularity of prediction markets. The move sets a significant regulatory precedent for event-based contracts that profit from human suffering and global instability.
The State of Utah is initiating a landmark legal challenge against prediction markets Kalshi and Polymarket, testing the boundaries of state anti-gambling laws against federally regulated and decentralized financial platforms. This conflict represents a pivotal moment for the 'event contract' industry as it faces one of the strictest regulatory environments in the United States.