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Massachusetts investigated Robinhood over launch of prediction markets hub. They're now filing a brief against them. A smartphone displays the Robinhood app’s prediction markets hub for Men’s College Basketball, showing matchups, dates, and percentage odds for each team. The background features a faint outline of a basketball court, and the Robinhood logo is visible at the bottom.
Prediction Markets

Massachusetts files brief against Robinhood ahead of Kalshi legal battle

The state of Massachusetts has filed a brief in opposition to financial services company Robinhood...

Rachael Davies 1 year
Massachusetts investigated Robinhood over launch of prediction markets hub. They're now filing a brief against them. A smartphone displays the Robinhood app’s prediction markets hub for Men’s College Basketball, showing matchups, dates, and percentage odds for each team. The background features a faint outline of a basketball court, and the Robinhood logo is visible at the bottom.
Prediction Markets
Massachusetts investigates Robinhood over launch of prediction markets hub
Suswati Basu 1 year
Stacks of coins increasing in height beneath the word Kalshi on a green background, symbolizing growth and financial success. Kalshi raises 0 million Series D, hitting B valuation and expansion. Kalshi reportedly raises billion at billion valuation in funding
Prediction Markets
Kalshi raises $300 million Series D, hitting $5B valuation and expansion
Suswati Basu 1 year
Nevada fights Kalshi in court, citing conflicting arguments and Tenth Amendment. They've now compelled Kalshi to produce documents presented to the CFTC. Judge partially sides with Kalshi. Kalshi typed logo on top of green background next to cityscape of Nevada.
Prediction Markets
Nevada files motion for key CFTC and Kalshi documents
Suswati Basu 1 year
Government shutdown speculation now top wagers on Kalshi and Polymarket. A photo of the White House with the logos “Kalshi” and “Polymarket” in large text above it against a turquoise sky.
Prediction Markets
Government shutdown speculation now top wagers on Kalshi and Polymarket
Joel Loynds 1 year
Pennsylvania gambling watchdog director strikes out at prediction markets. Pennsylvania Gaming Control Board logo
Prediction Markets
Pennsylvania gambling watchdog director strikes out at prediction markets
Joel Loynds 1 year
NYSE owner Intercontinental Exchange invests B in Polymarket to expand global data reach. Polymarket logo on a blue background transitioning to an image of tall financial district buildings, including the New York Stock Exchange facade.
Prediction Markets
NYSE owner Intercontinental Exchange invests $2B in Polymarket to expand global data reach
Suswati Basu 1 year
Kalshi, the predictions market provider, has filed a lawsuit against the Ohio Casino Control Commission and the office of the Ohio state Attorney General. Ohio federal judge rejects Kalshi injunction over sports event prediction markets dispute. Kalshi logo on a green background blending into a cityscape of downtown Columbus, Ohio, symbolizing Kalshi’s federal lawsuit against Ohio regulators.
Prediction Markets
Kalshi files federal lawsuit against the Ohio Casino Control Commission
Suswati Basu 1 year
Boston Massachusetts State House. Kalshi sued by the state of Massachusetts for illegal sports gambling
Prediction Markets
Kalshi sued by the state of Massachusetts for illegal sports gambling
Rachael Davies 1 year
NFL on Fox partners with Kalshi as sports bets dominate platform. Logos of Kalshi and Fox NFL on top of yellow and black gradient background
Prediction Markets
NFL on Fox partners with Kalshi as sports bets dominate platform
Joel Loynds 1 year
Charlie Kirk related bets scrubbed from Kalshi as Polymarket leaves them up. Image of Charlie Kirk next to logo of Kalshi on top of green background.
Prediction Markets
Charlie Kirk related bets scrubbed from Kalshi as Polymarket leaves them up
Joel Loynds 1 year
Third Circuit judges appear skeptical of New Jersey in Kalshi case. Split image showing the word 'Kalshi' in bold white text on a black background, next to a judge’s gavel, legal books, and golden scales of justice on a wooden desk.
Prediction Markets
Third Circuit judges appear skeptical of New Jersey in Kalshi case
Suswati Basu 1 year
Four in five voters think prediction markets should face stricter regulations. An image of America and regulated gambling by the AGA
Prediction Markets
Four in five voters think prediction markets should face stricter regulations
Suswati Basu 1 year
Kalshi logo with green text on a white background. Kalshi and New Jersey regulators set for appeals court clash
Prediction Markets
Kalshi and New Jersey regulators set for appeals court clash
Suswati Basu 1 year
Snapshot of current markets offered on PredictIt. PredictIt is set to relaunch in the United States as a fully fledged and approved political prediction platform after Aristotle confirmed that the Commodity Futures Trading Commission (CFTC) has approved its applications. 
Prediction Markets
PredictIt wins approval to be full prediction market under CFTC
Graeme Hanna 1 year
Prediction Pulse Trump announcement stirs market chatter as Pentagon Pizza Index stays flat. Edited image showing Donald Trump in front of a stock market-style background, with a pepperoni pizza and a smartphone displaying a betting platform.
Prediction Markets
Prediction Pulse: Trump announcement stirs market chatter as Pentagon Pizza Index stays flat
Suswati Basu 1 year
Kalshi plans to introduce multi-leg bets and parlays via CFTC filing. Football player in yellow and blue uniform with helmet holding a ball, positioned on the right side of the image. On the left, the word 'Kalshi' appears in large, bold, white text on a black background.
Prediction Markets
Kalshi plans to introduce multi-leg bets and parlays via CFTC filing
Rachael Davies 1 year
Crypto.com partners with Underdog to bring sports prediction markets to 16 states. Logo for Underdog and Crypto.com on top of a dark blue background
Prediction Markets
Crypto.com partners with Underdog to bring sports prediction markets to 16 states
Rachael Davies 1 year
Prediction Pulse: Lisa Cook faces Trump challenge, Trump Jr. plays both markets, and Taylor Swift turns Polymarket into a payday. Composite image showing Federal Reserve governor Lisa Cook and Donald Trump Jr. against a financial market chart background.
Prediction Markets
Prediction Pulse: Lisa Cook faces Trump challenge, Trump Jr. plays both markets, and Taylor Swift turns Polymarket into a payday
Suswati Basu 1 year
Donald Trump Jr
Prediction Markets
Donald Trump Jr. joins prediction market Polymarket’s advisory board
Rachael Davies 1 year

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