Sports gaming firm Underdog has sued Connecticut officials in federal court to stop the state from treating its sports event contracts as illegal gambling, extending its legal fight against state regulators to a sixth jurisdiction. According to Underdog’s lawsuit filed…

Polymarket has moved its primary blockchain indexing infrastructure in-house, cutting the time needed to surface some onchain events by as much as 14 blocks, or roughly 28 seconds. Polymarket Vice President of Engineering Josh Stevens said the prediction market platform…

Kalshi settles bets with a rulebook and a person applying it. Polymarket settles them with a token-holder vote. World settles them with a data feed, no panel, no dispute window, nobody to call. Three live models now, and each one fails differently.

Polymarket appointed former Amazon CFO Warren Jenson as its first finance chief while expanding its regulated U.S. exchange and global platform.

Riot Games has discussed potential esports sponsorship agreements with prediction market operators Kalshi and Polymarket as the League of Legends World Championship approaches in October. Bloomberg reported on Sept. 11, citing people familiar with the private talks, that the Tencent-owned…

The House killed eight voting days, Polymarket odds crashed from 82% to 16%, and the ethics clause nobody can agree on may bury the most important crypto bill in a generation. The CLARITY Act was supposed to be the easy…