Kalshi's Nevada, Michigan Geofencing Deadlines Arrive
Kalshi faces $120,000-a-day fines in Nevada and $500,000-a-day fines in Michigan this week over missed geofencing deadlines for its prediction markets.
Prediction Markets
Polymarket and Kalshi Outbid Sportsbooks for Stadium Signage
Polymarket bought Yankee Stadium signage on 6 August as the Yankees prediction market partner, weeks after Kalshi renamed an MSG concourse for itself.
Genius Sports Strikes Kalshi and Polymarket Data Deals
Genius Sports signed Polymarket on 4 August and Kalshi on 5 August as prediction market data clients, following Sportradar into selling both sides of the fight.
CFTC Tells Prediction Markets to Drop Sportsbook-Style Odds
The CFTC warned Kalshi and Polymarket on 7 August to stop showing sports contracts as moneyline odds, giving regulated exchanges until 31 August to confirm compliance.
Sportradar Signs Kalshi and Polymarket as Data Partners
Sportradar signed Kalshi and Polymarket as prediction market data clients in its Q2 2026 results, positioning itself as neutral supplier to both sides.
IG Group Buys Underdog to Break Into US Prediction Markets
IG Group agreed to buy Underdog for up to $1.3 billion on 30 July 2026, betting on US prediction markets and a licence stack spanning broker to clearing house.