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UMG Nation

News and analysis on the US iGaming industry — with the same rules as our directory: no affiliate links, no operator money, no spin.

214 stories·Updated Jul 30, 2026

Prediction Markets on Wall Street

Industry NewsCJ Zambale3 min read

Clear Street And Kalshi Deal Signals Prediction Markets Are Moving Toward Wall Street

INSTITUTIONAL FINANCE IS STARTING TO ENTER PREDICTION MARKETS

Alberta UMG

Industry NewsRyan Cauchi2 min read

Alberta's Regulated iGaming Market Goes Live

Canada's second open online gambling market officially goes live as major operators enter the province

Draftkings UMG

Industry NewsCJ Zambale3 min read

DraftKings Launches DKeX Prediction Market Exchange Powered by Railbird

DraftKings has launched DKeX, a proprietary prediction market exchange powered by Railbird Technologies. The move gives the company direct control over its event contracts as it continues expanding its prediction market business across the United States.

Massachusetts Schools UMG

Industry NewsCJ Zambale4 min read

Massachusetts Schools Launch Sports Betting Education Program for Students

Schools across Massachusetts are introducing a new sports betting curriculum aimed at helping students understand gambling risks and develop stronger financial and media literacy skills.

Maine Sweepstakes Casino Ban

Industry NewsRyan Cauchi2 min read

Maine Advances Bill to Ban Sweeps Casinos

THE BILL AIMS TO REGULATE AND RESTRICT SWEEPSTAKES STYLE CASINOS IN MAINE

Nevada Blocks Kalshi Temporarily

Industry NewsRyan Cauchi3 min read

Kalshi Suspended in Nevada Amid Licensing Questions

REGULATORS TAKE A CLOSER LOOK AS KALSHI FACES TEMPORARY BLOCK

Philadelphia UMG

Industry NewsRyan Cauchi1 min read

FanDuel and DraftKings Lawsuit Dismissed Over Arbitration Agreement

Judge throws out sports betting case, saying the claims should be handled through arbitration

Kalshi Election

Industry NewsCJ Zambale3 min read

Kalshi Launches 2026 Midterm Election Prediction Hub With Tradable Forecasts

Kalshi has introduced a new election prediction hub for the 2026 U.S. midterms, combining live event contracts with real-time market-based election forecasts.

Wisconsin Lawmakers UMG

Industry NewsRyan Cauchi2 min read

Wisconsin Warns Voters Over Election Prediction Markets

State election officials say voters who bet on elections could face criminal penalties and lose their voting rights

Lawmakers UMG

Industry NewsRyan Cauchi2 min read

Lawmakers Turn Attention to Sports Prediction Markets

Congressional hearing puts sports event contracts under fresh scrutiny as lawmakers debate regulation and consumer protections

Underdog UMG

Industry NewsRyan Cauchi2 min read

Underdog Expands Into Prediction Markets With New Exchange

New platform gives the company full control of its prediction market offering as competition in the sector continues to grow

Council of Europe Prediction Markets

Industry NewsRyan Cauchi2 min read

Council of Europe Urges FIFA to Address Prediction Market Risks

European body calls for stronger integrity safeguards

Washington Kalshi UMG

Industry NewsRyan Cauchi2 min read

Washington Judge Blocks Kalshi Sports Contracts During Legal Fight

Judge rejects company's federal argument as Washington moves ahead with enforcement

Nevada Prediction Markets UMG

Industry NewsCJ Zambale2 min read

Nevada Regulator Warns Prediction Markets Could Expand Into Online Casinos

Nevada Gaming Control Board Chairman Mike Dreitzer believes prediction markets could eventually expand beyond sports betting into casino-style gaming and slot-like products.

Trump UMG

Industry NewsCJ Zambale2 min read

Trump Suspends Teleprompter Operator Amid Kalshi Insider Trading Investigation

A longtime Trump teleprompter operator has been suspended after allegedly profiting from Kalshi prediction markets tied to the President's speeches, prompting a CFTC investigation.

CFTC Michigan UMG

Industry NewsCJ Zambale2 min read

CFTC Orders Kalshi to Ignore Michigan Court's Sports Contract Ban

The CFTC has instructed Kalshi to continue honoring sports event contracts in Michigan, escalating its legal battle with state regulators over prediction market oversight.

AGA and CFTC Prediction Markets UMG

Industry NewsCJ Zambale2 min read

AGA Seeks to Join CFTC's Legal Battle Over Prediction Markets

The American Gaming Association wants to join the CFTC's lawsuit against Wisconsin, saying prediction markets could undermine state-regulated sports betting.

Kalshi UMG

Industry NewsRyan Cauchi2 min read

Kalshi Unveils New Desktop Trading Platform

New desktop platform brings advanced trading tools to prediction markets and perpetual futures

Michigan and Kalshi UMG

Industry NewsCJ Zambale2 min read

Michigan Gives Kalshi Until Aug. 12 to Block Sports Contracts

A Michigan judge has extended Kalshi's sports contract ban and ordered the prediction market platform to implement geofencing by Aug. 12 or face $500,000 in daily fines.

Polymarket UMG

Industry NewsRyan Cauchi2 min read

Polymarket Unveils New Combo Trading Feature for Sports Predictions

New feature lets users combine up to 32 selections into a single position

Court UMG

Industry NewsRyan Cauchi2 min read

Ninth Circuit Reviews Tribal Appeal Against Kalshi

California tribes argue prediction market operator's sports event contracts infringe on tribal gaming rights

Arizona UMG

Industry NewsRyan Cauchi2 min read

Arizona Introduces Insider Trading Rules for State Employees Using Prediction Markets

New ethics order aims to prevent public officials from profiting through event based trading

Polymarket UMG

Industry NewsRyan Cauchi2 min read

Polymarket Explores Margin Trading as It Expands U.S. Plans

Company reportedly seeks regulatory approval to expand its product offering

Arizona UMG

Industry NewsRyan Cauchi2 min read

Arizona Introduces Insider Trading Rules for State Employees Using Prediction Markets

New executive order bars public officials from using non public information in event based trading

Texas UMG

Industry NewsRyan Cauchi2 min read

Texas Medical Association Urges 21+ Rule for Prediction Markets

Medical association urges lawmakers to introduce age restrictions and tighter safeguards for event based trading

CFTC UMG

Industry NewsRyan Cauchi2 min read

Former CFTC Commissioner Brian Quintenz Takes Advisory Role at Coalition for Prediction Markets

Former CFTC commissioner strengthens industry group's push for federal recognition of prediction markets

New York UMG

Industry NewsRyan Cauchi2 min read

Kalshi Loses New York Bid to Stop State Enforcement

Judge rules New York can continue enforcing gambling laws as legal fight moves forward

North Carolina UMG

Industry NewsRyan Cauchi2 min read

North Carolina Raises Taxes on Sports Betting and Prediction Markets

Governor signs budget introducing higher sportsbook taxes and a new fee on prediction market operators

Kalshi UMG

Industry NewsRyan Cauchi3 min read

New Mexico Challenges Kalshi Over Sports Event Contracts

Legal challenge adds another chapter to the growing battle over event contracts

Prediction Markets UMG

Industry NewsRyan Cauchi2 min read

Polymarket Hit With Lawsuit Over Bitcoin Prediction Market

Users claim platform changed contract interpretation after outcome was known

Ohio UMG

Industry NewsRyan Cauchi2 min read

Ohio Lawmakers Push to Ban Mobile Sports Betting

New proposal would move betting back to retail locations and ban several popular wagering options

ESMA UMG

Industry NewsRyan Cauchi2 min read

ESMA Reminds Firms That Prediction Markets Could Face EU Restrictions

European regulator reminds firms that event contracts may already be covered by long-standing financial regulations

Nevada UMG

Industry NewsRyan Cauchi2 min read

Kalshi Loses Bid to Halt Nevada Geofencing Order

Prediction market operator faces another setback as legal battle with Nevada continues

Michigan UMG

Industry NewsRyan Cauchi2 min read

Michigan Gaming Board Withdraws From NCPG Over Kalshi Ties

Regulator withdraws membership as tensions around prediction markets continue to rise

North Carolina and New Jersey Prediction Markets

Industry NewsRyan Cauchi2 min read

North Carolina, New Jersey Advance Prediction Market Tax Plans

States move to capture revenue as pressure grows on event based trading platforms

Polymarket UMG

Industry NewsRyan Cauchi3 min read

Polymarket Challenges New Mexico in Legal Fight Over Regulation

Prediction market operator pushes back as legal pressure from states continues to grow

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Market Operators Push States to Review Casino Lobby Ties

Industry calls for greater transparency as pressure grows between prediction markets and traditional gaming interests

New Jersey UMG

Industry NewsRyan Cauchi2 min read

New Jersey Lawmakers Push Ahead With Prediction Market Tax Plan

Lawmakers advance revised bill as state pushes for tighter oversight of event based trading

Missouri UMG

Industry NewsRyan Cauchi3 min read

Missouri Businesses Push Back Against Gambling Machine Enforcement

Legal challenges intensify as businesses push back against state enforcement of controversial gaming machines

Ohio UMG

Industry NewsRyan Cauchi3 min read

Ohio Regulator Faces Second Lawsuit as Kalshi Fights $5M Sanction

Legal pressure escalates as Kalshi expands battle against state regulators over sports event contracts

Kalshi UMG

Industry NewsRyan Cauchi3 min read

Kalshi Clarifies World Cup Partnership After Announcement Confusion

Mixed messaging around FIFA ties raises questions as competition intensifies in prediction markets

Michigan UMG

Industry NewsRyan Cauchi3 min read

Michigan Judge Orders Kalshi to Halt Sports Markets

Temporary restraining order adds fresh pressure as state crackdown on prediction markets intensifies

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Plus500 Expands Prediction Market Offering With Sports Event Contracts

Trading platform strengthens U.S. footprint as demand for sports based event trading continues to rise

Polymarket UMG

Industry NewsCJ Zambale3 min read

Cyberattack on Polymarket Results in $3.1M Loss

Platform moves to refund affected users after breach exposes growing security risks in prediction markets

Polymarket UMG

Industry NewsCJ Zambale3 min read

Polymarket Hit With Lawsuit Over Alleged Deceptive Marketing Practices

Polymarket is facing a new lawsuit from the National Association of Consumer Advocates, which accuses the prediction market platform of using deceptive influencer marketing, undisclosed sponsorships, and college outreach campaigns to attract users.

Tradeweb and Kalshi

Industry NewsRyan Cauchi3 min read

Tradeweb Expands Institutional Push With Kalshi Integration

New rollout strengthens institutional access as prediction markets continue gaining traction on Wall Street

Trump JR Kalshi

Industry NewsCJ Zambale2 min read

Kalshi's Growth Turns Trump Jr.'s Equity Into Windfall

Kalshi's rapid rise from a sub-$2 billion company to a $22 billion prediction market leader has dramatically increased the value of Donald Trump Jr.'s early equity grant, highlighting the industry's remarkable growth.

Meta Prediction Markets

Industry NewsRyan Cauchi3 min read

Meta Eyes Prediction Market Expansion Through Arena

Tech giant’s latest move signals growing mainstream interest in event based trading

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Market Legal Battle Intensifies With New Lawsuits

Dual legal filings add fresh momentum to the growing fight between regulators and prediction market operators

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