Designated Contract Market (DCM) News & Prediction Market Coverage
Track the latest Designated Contract Market (DCM) news across prediction markets. Prediction News is following 13 active Designated Contract Market (DCM) stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Appeals court rejects Kalshi bid to block Nevada gaming oversight
LegalNew Jersey asks Supreme Court to settle who regulates Kalshi sports contracts
LegalFlightAware drops Kalshi suit over flight-cancellation markets as state fights continue
TechNovig launches CFTC-regulated sports prediction market in 47 states and sues New York
DealsIG Group to acquire Underdog for up to $1.3 billion
TradingProphetX raises $35M after launching CFTC-regulated sports prediction markets
DealsFanatics acquires BGC exchange and clearinghouse, will partner on prediction markets
DealsProphetX raises $35M to scale sports-native prediction market
TradingUnderdog launches standalone prediction market exchange UDX
DataWorld Cup final drives billions in bets on Kalshi and Polymarket
DealsUnderdog launches UDX, its own CFTC-regulated exchange for sports contracts
LegalJudge Torres denies Kalshi New York injunction, company appeals to Second Circuit
LegalRush Street Interactive files CFTC application to launch prediction market exchange
Frequently Asked Questions
What is a Designated Contract Market?
A DCM is a CFTC-designated exchange that may list futures, options on futures, and event contracts for trading by all types of participants, including retail.
Which prediction market platforms are DCMs?
Kalshi is a CFTC-registered DCM; Polymarket US (QCX LLC) also operates as a designated DCM.
How do companies become a DCM for prediction markets?
Entities file applications with the CFTC; Rush Street Interactive submitted one in 2026 seeking designation to list and clear event contracts.
Does DCM registration protect prediction markets from state laws?
No; a July 2026 federal court ruling held that CFTC registration does not preempt New York gambling statutes, allowing state enforcement actions to proceed.
Why are more gaming companies applying to become DCMs?
Traditional operators like Rush Street Interactive seek CFTC designation to enter the regulated prediction market sector alongside existing DCMs.