Kalshi, VGW targeted by sweeping Arkansas gambling crackdown
KEY TAKEAWAYSArkansas joins a growing list of states taking action against both prediction markets and sweepstakes operators.A new angle emerges as Arkansas uses Kalshi's...
Second Circuit denies Kalshi New York appeal as court rulings stack up
KEY TAKEAWAYSThe Second Circuit appeals court denied Kalshi's requests for injunctions pending appeals in New York and Connecticut, as well as Coinbase's similar appeal...
‘It’s time’ to regulate prediction markets, Ohio senator says after federal ruling
KEY TAKEAWAYSDemocratic Ohio Sen. Bill DeMora filed bills to license and regulate sports prediction markets as sports gambling and to ban election event contracts.DeMora...
Illinois appeals to Seventh Circuit after judge blocks prediction markets law
KEY TAKEAWAYSIllinois is barred from enforcing its event contracts licensing and taxation law for the time being.A federal judge granted preliminary injunctions to parties...
DraftKings, FanDuel, Fanatics retreat from Utah prediction markets amid Kalshi firestorm
KEY TAKEAWAYS:After Utah filed felony charges against Kalshi this week, at least four major gaming operators that offer prediction markets are pulling sports and...
Raising Arizona: Utah brings 13 felony charges against Kalshi
KEY TAKEAWAYSUtah is pursuing 13 felony charges and one misdemeanor count against Kalshi, alleging an investigator was able to place sports bets on the...
Kalshi sues Missouri, says cease-and-desist compliance is impossible
KEY TAKEAWAYSKalshi is the third prediction market operator to respond to a Missouri cease-and-desist notice by suing the state.The company says it cannot comply...
New York regulator sues Kalshi, alleging prediction markets operator defied subpoenas
KEY TAKEAWAYSThe New York State Gaming Commission is asking a court to compel Kalshi to comply with subpoenas investigating potential violations of state gambling...
Kalshi pre-emptively sues Louisiana, noting state’s new illegal gambling laws
KEY TAKEAWAYSKalshi sued Louisiana in federal court on Oct. 23, extending the prediction markets litigation battle into Fifth Circuit territory for the first time.The...
Blumenthal steps up VIP probe by quizzing leading sportsbooks, prediction markets
KEY TAKEAWAYSFederal lawmakers want leading online sportsbooks and prediction markets to explain their VIP programs and how they tailor promotional offers to individual users.Sen....




















