Kalshi moves to end volume rewards after trading scrutiny
Kalshi filed to end a program that pays participants based on trading volume, days after defending unusual activity in its ether perpetual futures market...
Kalshi loses again as Sixth Circuit sides with Ohio, Tennessee
The Sixth Circuit Court of Appeals handed Kalshi another major appellate loss on Friday, ruling that the company’s sports event contracts are not swaps...
CFTC ‘mention markets’ letter to prediction operators long on talk, short on action
The Commodity Futures Trading Commission (CFTC) on Tuesday sternly wagged a finger at prediction markets operators over repeated insider trading on "mention markets" in...
Senator calls for Trump Jr. probe over prediction markets ties
Sen. John Curtis (R-Utah) has asked the Senate Judiciary Committee to investigate whether presidential family relationships have been used for private financial benefit or...
Missouri AG targets six prediction markets, expects legal challenge
Missouri is the latest state to order prediction markets to stop offering sports event contracts, and Attorney General Catherine Hanaway already expects her enforcement...
Prediction Markets Weekly: CLARITY Act hits brick wall, Texas starts talking
As usual, there were plenty of other developments on the prediction markets front in recent days. Every Friday, SBC Americas highlights some of the...
Ninth Circuit rules for California tribes in Kalshi sports betting case
Kalshi suffered another court loss this week, this time regarding its ability to offer sports event contracts on tribal land.On Wednesday, the Ninth Circuit...
Underdog sues Connecticut after state attacks prediction markets
Underdog has bitten another state, filing a federal lawsuit on Wednesday against Connecticut officials amid the state's recent spate of enforcement actions against the...
Connecticut expands prediction markets crackdown
Connecticut’s latest prediction markets enforcement action is not simply another warning to operators.The Connecticut Department of Consumer Protection last week issued cease-and-desist orders to...
Bryce Harper FanDuel incident prompts new NJ gambling ad resolution
The New Jersey Assembly Tourism, Gaming and the Arts Committee on Monday unanimously approved a resolution that urges the state to ban gaming operators...




















