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Utah’s HB243 bill takes on Kalshi and Polymarket, sparking a major legal battle over prediction markets and whether states can regulate them as gambling.
Kalshi markets show 70% odds of Trump impeachment before 2028, with $1.7M in volume. Short-term probabilities remain under 15%. What traders are betting on.
An Ohio federal judge denied Kalshi’s injunction request, ruling prediction markets aren’t exempt from state gambling regulations despite federal oversight.
Polymarket teams with Palantir Technologies and TWG AI to launch an AI-powered surveillance platform designed to detect insider trading and manipulation.
Democrats unveil DEATH BETS Act and companion legislation to ban prediction markets on war, assassination, and death while combating industry fraud.
German research analyzing 4,795 gamblers shows betting ads affect problem gamblers more intensely, strengthening arguments for stricter advertising controls.
Finland liberalizes its iGaming sector in 2027, ending Veikkaus monopoly. License applications now open for international operators in historic shift.
Northwestern Mutual’s 2026 study shows Gen Z turning to crypto and prediction markets out of financial despair, even though most participants lose money.
Ukraine’s online gambling deposits hit €3.95 billion in 2025, exposing money laundering risks and regulatory gaps during wartime economic pressure.