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CFTC Fines Ex-Congressman Santos $35,000 Over Kalshi Trades

by igamingreview | Aug 1, 2026 | Prediction Markets

CFTC Orders Former Rep. George Santos to Pay $35,000 for Kalshi Trades – Former Republican Congressman George Santos has been ordered to pay $35,000 by the Commodity Futures Trading Commission (CFTC) for engaging in trades on Kalshi event contracts. The CFTC...

New York Mets Partner with Novig Prediction Market

by igamingreview | Aug 1, 2026 | Prediction Markets

New York Mets Partner with Novig Prediction Market – The New York Mets have officially partnered with Novig, marking the first time an MLB team has secured a prediction market sponsor. This agreement was reported on July 30, 2026, positioning the Mets as an...

New York Sues Kalshi, Citing Illegal Gambling Operations

by igamingreview | Aug 1, 2026 | Prediction Markets

New York Sues Kalshi, Citing Illegal Gambling Operations – New York State has filed a lawsuit against prediction market platform Kalshi, seeking to halt its operations and recover financial penalties. Kalshi has characterized the lawsuit as “political...

New York Sues Kalshi, Alleges Illegal Gambling Operation

by igamingreview | Aug 1, 2026 | Prediction Markets

New York Sues Kalshi, Alleges Illegal Gambling Operation – New York officials have filed a lawsuit against the prediction market platform Kalshi, accusing it of operating an illegal, unlicensed gambling operation. The state is seeking to halt Kalshi’s...

Mets Partner with Novig in MLB Prediction Market First

by igamingreview | Aug 1, 2026 | Prediction Markets

Mets Partner with Novig in MLB Prediction Market First – The New York Mets have partnered with Novig, marking the first Major League Baseball franchise agreement with a prediction market. This collaboration establishes Novig as the exclusive official prediction...

Atlantic City Casinos Seek Federal Ban on Sports Prediction Betting

by igamingreview | Jul 30, 2026 | Prediction Markets

Atlantic City Casinos Seek Federal Ban on Sports Prediction Betting – Atlantic City casinos are urging the U.S. Commodity Futures Trading Commission (CFTC) to prohibit companies like Kalshi and Polymarket from offering sports-related prediction market bets. This...
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