CNBC News & Prediction Market Coverage
Track the latest CNBC news across prediction markets. PredictionNews is following 12 active CNBC stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Kalshi builds Bloomberg Terminal-style interface for high-end traders
GlobalDraftKings CEO Jason Robins to keynote NEXTPredict NYC
TradingKalshi courts hedge funds as Nasdaq and Cboe enter event contracts market
TradingKalshi launches first CFTC-approved perpetual futures for U.S. traders
TradingUpper East Side bar The Jeffrey hedges free-drinks Knicks promo on Kalshi
DealsPolymarket executes first institutional block trade on AI compute contract
TradingKalshi traders price May jobs report above Wall Street consensus
LegalHouse Oversight chair demands insider-trading records from Kalshi and Polymarket CEOs
TradingKalshi and Polymarket diverge 59 points on OpenAI IPO odds as both launch AI valuation markets
TechPolymarket and Kalshi debut on CNBC Disruptor 50 list at No. 48 and No. 43
LegalNFL tells CFTC some event contracts are manipulable and tied to injuries, pushes for age hike to 21
LegalSenate unanimously bans members and staff from trading on Kalshi and Polymarket
Frequently Asked Questions
Where can I find the latest CNBC news?
Right here. PredictionNews tracks 12 active CNBC stories, each clustered from original reporting and summarized for prediction-market operators, traders, and regulators, and refreshed throughout the day.
Are prediction markets legal in the US?
Federally, yes. Platforms like Kalshi and Polymarket US operate as CFTC-regulated event-contract exchanges, which is why they're available even in states where sports betting is banned. Legality is contested at the state level, especially for sports contracts, the regulatory fight PredictionNews tracks daily.
Are prediction markets the same as gambling?
Legally, no. They're overseen by the CFTC as financial event contracts, not by state gambling regulators, and you trade "Yes"/"No" shares priced between $0 and $1 rather than betting against a bookmaker's odds. That distinction is at the heart of the current regulatory debate.
How do prediction markets work?
You buy shares in a "Yes" or "No" outcome priced between $0 and $1. The price reflects the market's implied probability of the event. Correct predictions settle at $1 per share, incorrect ones at $0. They function like an exchange, not a sportsbook.