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.
163 stories·Updated Jul 31, 2026
Industry NewsCJ Zambale3 min read
Sixth Circuit Hears Oral Arguments in Kalshi Sports Prediction Market Appeal
The Sixth Circuit has heard oral arguments in Kalshi's latest legal battle over sports prediction markets, with the case potentially setting the stage for a future U.S. Supreme Court review.
EsportsCJ Zambale2 min read
Fanatics Acquires Regulated Exchange to Expand Prediction Market Business
Fanatics Markets has acquired a federally regulated exchange and clearinghouse, giving the company full control over its prediction market infrastructure as it expands beyond traditional sports betting.
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
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.
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.
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
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
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
Industry NewsRyan Cauchi2 min read
Council of Europe Urges FIFA to Address Prediction Market Risks
European body calls for stronger integrity safeguards
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
RegulationRyan Cauchi2 min read
Kalshi Adds 3 Million Users During World Cup Boom
The prediction market operator says the FIFA World Cup generated record trading volumes, with billions of dollars changing hands as millions of new users joined the platform.
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.
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.
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.
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.
Industry NewsRyan Cauchi2 min read
Kalshi Unveils New Desktop Trading Platform
New desktop platform brings advanced trading tools to prediction markets and perpetual futures
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.
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
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
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
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
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
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
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
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
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