Insights on responsible prediction markets.
Regulation trackers, structural analysis and plain-language explainers, written for people who have to decide something, not for the feed.
Industry News
23 Mar 2026
Should War Markets Exist? Yes, but Only Under the Hardest Integrity Standard
War markets are the most uncomfortable category in prediction markets, but discomfort alone is not a sufficient argument for prohibition. The real question is whether these markets can exist under a surveillance, eligibility, and sanctions regime strong enough to prevent insider abuse, coercion, and structurally corrupt trading.
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Industry News
21 Mar 2026
Arizona vs. Kalshi: The First Criminal Case That Changes the Conversation
Prediction markets have spent months fighting state regulators in civil court. Arizona just changed the tone. By filing criminal charges against Kalshi, the state turned a jurisdiction dispute into a far more serious test of whether federally regulated event contracts can still trigger state criminal exposure.
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