Argentina blocks Polymarket access
A Buenos Aires court ordered the platform offline after determining it operated as an unlicensed gambling service, setting a regulatory precedent for the region.
A Buenos Aires court ordered the platform offline after determining it operated as an unlicensed gambling service, setting a regulatory precedent for the region.
Prediction market platform Kalshi has unveiled a $1bn perfect bracket challenge for the 2026 NCAA March Madness tournament to drive customer acquisition.
The legal action follows similar efforts made by the operator in Iowa and Utah, as Kalshi appears motivated to ‘control the narrative’ according to Wallach Legal Founder Daniel Wallach.
The American Gaming Association has projected a $3.3bn handle within the legal market for the 2026 March Madness tournaments.
TRUEiGTECH’s new AI engine automates end-to-end contract lifecycle management, payouts and market settlement, allowing operators to scale their prediction markets at speed.
The Commission chose to issue the advisory to share certain views with designated contract markets (DCMs) based on staff experience overseeing the listing and trading of event contracts.
The predictions market operator referred to a recent meeting with Iowa Attorney General Brenna Bird in the lawsuit, stating it was questioned by various attorneys regarding its business operations.
The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have signed an agreement aimed at improving regulatory coordination across US financial markets.
The proposed “Death Bets” act would prohibit event contracts linked to terrorism, assassinations and armed conflict on exchanges regulated by the CFTC.
Judge Paul Maloney believed ruling in favor of Polymarket would ‘flatten the differences between event and any other term by expanding its reach beyond any logical limit.’