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...
Sportradar not concerned by states shutting out prediction markets as business booms
KEY TAKEAWAYSSportradar's U.S. revenue grew 47% year over year in Q3, fueled by growing work in the prediction markets industry.CEO Carsten Koerl said he...
New York AG takes Kalshi to court over influencer ads, ‘no house’ claims
KEY TAKEAWAYSNew York Attorney General Letitia James asked a Manhattan court to force Kalshi to comply with a Sept. 25 subpoena tied to a...
‘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...
Prediction Markets Weekly: Kalshi valued at $40bn, NFL blocks Saquon Barkley’s Polymarket deal
There can be little doubt about this week's biggest prediction markets newsmaker: the litigation war unfolding in Utah that has Kalshi's co-founders facing felony...
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...
Gambling companies pour $1m into both sides of Arizona midterm races
KEY TAKEAWAYSGambling, sweepstakes, and prediction market companies sent more than $1 million to Arizona political committees this election cycle.Kalshi money reached a Democratic committee...




















