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#Sports betting contracts

2 Stories Found

Coins•6h ago

Kalshi Ends Donald Trump Jr.’s Advisory Contract Over 1789 Capital’s Polymarket Investment

Key Highlights: Companies in the prediction-market sector compete for users, trading volume, liquidity and market share. Donald Trump Jr. previously received an equity stake in Kalshi reportedly valued at about $300,000 when he joined the company as a strategic adviser. Democratic lawmakers are challenging prediction markets and the Commodity Futures Trading Commission’s defense of sports-related ...

3 min readRead

Coins•Oct 21, 2026

Utah Sues Kalshi and Susquehanna Amid Widening Prediction Market Scrutiny

Key Highlights: Utah estimates that Kalshi collected between $30.6 million and $61.2 million in fees from accounts in the state, while Attorney General Derek Brown seeks to halt the alleged illegal gambling and recover the money. Courts have reached conflicting conclusions over whether federal regulation of Kalshi’s event contracts preempts state gambling laws, with rulings ...

6 min readRead