Polymarket banned in Argentina for offering illegal gambling
A court in Argentina ruled to ban Polymarket as a result of a legal case by the Buenos Aires City Lottery and the Argentine Chamber of Casinos against the platform, claiming...
Prediction markets
Minnesota to ban prediction markets and sweepstakes casinos
On March 16, 2026, Minnesota lawmakers introduced two bills against prediction market platforms and online sweepstakes casinos in an effort to prohibit both.Senate File...
Kalshi partners with XP to launch Brazil prediction market
Kalshi has established a partnership with Brazilian brokerage firm XP International to launch its prediction market in the country, which will be the operator’s first...
New bill to ban federal officials from using event contracts
Two U.S. senators, Jeff Merkley and Amy Klobuchar, introduced a new bill on March 5, 2026, called the End Prediction Market Corruption Act, to fight against federal officials...
Illinois introduces bill targeting prediction markets
Lawmakers in Illinois introduced a new bill on March 5, 2026, which aims to regulate prediction markets through a new framework supervised by the Illinois Gaming Board.
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Israel investigates Polymarket over Iran strike predictions
The police in Israel have launched an investigation into large bets made on Polymarket that correctly predicted a U.S. strike on Iran on February 28, 2026.The bet...
Prediction Markets Explained: How Event Trading Really Works
Prediction markets: What are they & how they work
Prediction markets are platforms where contracts are tied to the outcome of a specific future event, and each event...
IGA hosts dialogue against CFTC-approved prediction markets
During the 29th Annual Western Indian Gaming Conference, the Indian Gaming Association (IGA) announced that it plans to work with tribes, state officials, Congress, and the...