With less than a month until the midterm elections , prediction markets ' political contracts are in focus as observers look to see if they'll accurately forec…

A United States appeals court has found that states can regulate prediction markets, ruling against a bid by the company Kalshi to exempt so-called event contr…

The 6th U.S. Circuit Court of Appeals ruled on Friday that states have a right to regulate sports-related event contracts on prediction market platforms, marki…

The 6th U.S. Circuit Court of Appeals ruled that Kalshi's prediction markets can be regulated like gambling, rejecting the company's claim that its contracts q…

New York sued Polymarket to halt its operations as an unlicensed gambling business, escalating a legal conflict over state versus federal regulatory authority.…