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Strategy

His own money in the markets he covers. Skin in the game is not a metaphor for Sebastian — it's the methodology.

Strategy

CFTC swap redefinition push signals long-term bet on state power

Taken together, they are an attempt to accomplish through administrative procedure what the Sixth Circuit declined to give the CFTC through judicial deference.

Sebastian Montague 6h ago
Strategy

Indian Gaming Association joins AGA in opposition to prediction markets

Sebastian Montague 1d ago
Strategy

Tom Reeg says company has weathered similar crisis before

Sebastian Montague 2d ago
Strategy

Caesars Chief Says Casinos Will Enter Prediction Markets

Sebastian Montague 2d ago
Strategy

MGM and Caesars avoid prediction markets to protect licences

Sebastian Montague 3d ago
Strategy

Kalshi's $40bn valuation arrives as its legal ground shifts

Sebastian Montague 3d ago
Partner

Delaware has never seen you. It doesn't need to.

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Strategy

CME launches event contracts amid regulator concerns

The 88 percent loss rate that gaming regulators cited at G2E is a real number and worth taking seriously.

Sebastian Montague 4d ago
Strategy

CFTC sues Ohio, Tennessee and New York to shield prediction markets

Sebastian Montague 5d ago
Strategy

Polymarket asks New York court to block state enforcement action

Sebastian Montague 5d ago
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Kalshi's fourth circuit appeal fails as sports betting jurisdiction expands

Sebastian Montague 6d ago
Strategy

Polymarket banking freeze leaves US expansion without a foundation

Sebastian Montague 7d ago
Strategy

Polymarket's age floor becomes New York's sharpest legal weapon

Sebastian Montague 8d ago
Partner

The spread is where your edge quietly goes to die.

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Polymarket counter-sues New York as federal clash widens

The state's complaint, filed by Attorney General Letitia James and Governor Kathy Hochul, names QCX LLC, the entity operating Polymarket's US book, and alleges it has been running an unlicen…

Sebastian Montague 8d ago
Strategy

New York widens its prediction market assault to Polymarket

The filing targets Polymarket's sporting event contracts on its mobile app, launched in December 2025, along with how the platform advertised those contracts to New York residents.

Sebastian Montague 9d ago
Strategy

FanDuel moves toward event contracts as sportsbook margins shrink

Sebastian Montague 10d ago
Strategy

World Cup study puts prediction market logos ahead of gambling brands

Sebastian Montague 10d ago
Strategy

Missouri AG pushes sports contract crackdown beyond cease-and-desist

Sebastian Montague 12d ago
Strategy

Missouri AG targets six prediction markets over sports contract legality

Sebastian Montague 12d ago
Strategy

Kalshi's 58-stock filing reframes what a derivatives exchange can be

The filing landed quietly, but the number deserves a moment's attention before anyone moves past it.

Sebastian Montague 13d ago
Partner

You found the right person. They live in the wrong place.

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Strategy

States Coordinate Crackdown on Prediction Markets

Sebastian Montague 13d ago
Strategy

Robinhood's prediction market pivot leaves it exposed in California

Sebastian Montague 14d ago
Strategy

Missouri AG orders prediction market platforms to cease operations

Sebastian Montague 14d ago
Strategy

Scott Crowell's tribal meeting question leaves CFTC exposed

Sebastian Montague 15d ago
Strategy

Kalshi's NFL share narrows as Robinhood routes volume to rivals

Sebastian Montague 15d ago
Strategy

Robinhood's Crypto.com stake reshapes NFL prediction market share

For a platform processing nearly a billion dollars in NFL trading volume across the opening week of the season, the Sunday uplift was smaller than the college football Saturday that preceded…

Sebastian Montague 16d ago
Partner

Half your team has never been in the same room. Pay them anyway.

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Strategy

NFL prediction market volume faces legal ceiling after CLARITY Act fails

Sebastian Montague 17d ago
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Texas Senate hears Kalshi defend federal shield over state gambling law

Sebastian Montague 18d ago
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Kalshi files to list single-stock perpetual futures on US exchange

Sebastian Montague 19d ago
Strategy

NFL prediction market volume crosses $1 billion in opening weeks

Sebastian Montague 19d ago
Strategy

DraftKings launches prediction market platform as fee collector

Sebastian Montague 20d ago
Strategy

Polymarket appoints first chief financial officer

A company that has been operating long enough to attract serious trading volume, serious regulatory scrutiny, and a CFTC insider-trading investigation — now, in September 2026, hires its ina…

Sebastian Montague 20d ago
Strategy

FanDuel's liquidity sits inside Kalshi's NFL markets

The Barron's report spells out the mechanics.

Sebastian Montague 21d ago
Strategy

Connecticut adds Coinbase, Gemini and Webull to sports contract ban

Sebastian Montague 22d ago
Strategy

Stacie Stern's preemption gamble has no exit ramp

Sebastian Montague 22d ago
Strategy

DraftKings names Kalshi in attack ads as withdrawal complaints mount

Sebastian Montague 23d ago
Strategy

Betr bets on regulatory scatter with Polymarket tie-up

Sebastian Montague 23d ago
Strategy

Underdog bets its legal future on one constitutional clause

The lawsuits landed in Ohio, Massachusetts, Wisconsin, New Mexico, and Washington.

Sebastian Montague 24d ago
Strategy

DATA.BET adds crypto Up or Down markets to prediction platform

Sebastian Montague 25d ago
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Polymarket and Kalshi await Supreme Court ruling on state authority

Sebastian Montague 25d ago
Strategy

LeBron James signs endorsement deal with Polymarket

Sebastian Montague 26d ago
Strategy

North Carolina bans state employees from prediction markets

Sebastian Montague 27d ago
Strategy

NFL singles out first-carry and first-pass contracts as manipulation risk

Sebastian Montague 28d ago
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Kalshi removes sportsbook odds after NFL's second formal demand

Sebastian Montague 29d ago
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Fanatics enforces age limits as rivals face underage trading scrutiny

9 billion in trading volume on Kalshi had been generated by users under eighteen.

Sebastian Montague 29d ago
Strategy

Kalshi geofence holds in Michigan as state court issues permanent bar

Sebastian Montague 30d ago
Strategy

Crude Oil Perpetuals Signal Kalshi's Commodity Ambitions

Sebastian Montague 30d ago
Strategy

New Jersey's Supreme Court petition sets up a circuit split ruling

Sebastian Montague 31d ago
Strategy

New Jersey asks Supreme Court to rule on Kalshi state authority

Sebastian Montague 31d ago
Strategy

Kalshi's five enforcement cases put political traders on notice

Sebastian Montague 32d ago
Strategy

1789 Capital leads one billion dollar Polymarket funding round

Sebastian Montague 33d ago