AI Markets
The structure beneath the apparent structure. Where the system is pointed, not where sentiment is pointing.
Ninth Circuit ruling puts Kalshi sports model under federal review
The Third Circuit said yes, in April, ruling 2-1 that the Commodity Futures Trading Commission holds exclusive jurisdiction over Kalshi's sports event contracts, preempting New Jersey's gami…
Kalshi faces $500,000 daily fine in Michigan regulatory dispute
Michigan court makes Kalshi geofence sports contracts statewide
Arizona court extends election wagering case beyond sports ruling
1789 Capital's Polymarket stake draws a second political investor
Fanatics joins NFL betting roster as exclusivity clause disappears
You found the right person. They live in the wrong place.
Alpaca deal gives Kalshi a path into 300 financial institutions
Alpaca reaches roughly 14 million brokerage accounts across more than 300 financial institutions.
Prediction market ETF filings reach 128 funds as SEC holds approvals
Sportradar deal strengthens legal argument for prediction markets
Former White House staffer ordered to pay $172,000 for prediction market trades
Ninth Circuit and Third Circuit now hold opposite views on Kalshi
Prediction market insider trading probe widens to earnings bets
Nobody thinks they are worth hacking. That is the appeal.
DraftKings player availability markets draw CFTC injury warning
The CFTC's proposed event contract rules, issued in June, identified contracts on the occurrence or severity of player injuries as products likely to be found contrary to the public interest…
Novig wins stays in two states as prediction market litigation stalls
With the Van Dyke criminal case already forcing federal courts to draw lines around what event contracts are, and the Ninth Circuit now weighing Nevada's preemption argument using Kalshi's o…
Gemini Seeks to Build Brokerage Distribution Network Ahead of Rivals
Criminal case prompts federal judge to clarify prediction market rules
Cboe's KPI binary options proposal splits prediction market regulators
Novig opens its first NFL season with no federal rulebook in place
Capital Vault UAE secures federal crypto licence for Abu Dhabi custody
Capital Vault UAE holds CMA permissions for dealing as agent or matching principal, and for custody.
The spread is where your edge quietly goes to die.
QuinnBet's youngest bettors slipped through a manual age limit system
Kalshi's 6th Circuit case shifts federal preemption to new ground
Cantor block trades expose the flaw in Kalshi's mention market timing
Mention markets face manipulation review as CFTC examines speech bets
Kalshi halts mention markets under direct CFTC pressure
Kalshi files for equity index perpetuals with CFTC
The $24 billion in monthly trading volume the sector is currently reporting was built almost entirely on the binary model.
Nobody knows who owns it. Everyone assumes someone does.
Virginia shooting puts prediction markets on campus gun violence back
Instagram networks turn Ceuta's border into a monetised crossing market
Netanyahu's nuclear jibe at Britain opens a parliamentary inquiry market
Putin's Kuril visit sharpens Japan's territorial claim at the UN
Europe's heat corridor becomes a pricing problem prediction markets have not yet solved
OpenAI pauses Astra model development over autonomous cyberweapon risk
That is the probability I assign to OpenAI facing a formal regulatory inquiry — domestic or allied-jurisdiction — into Astra's development pause before the close of 2026.
Anthropic's compute bet reveals how fast the AI frontier is repricing risk
Gambity's signal on whether a second major voluntary pause follows within twelve months now sits at 61%, driven not by sentiment but by the structural logic visible in what Anthropic and Ope…