Polymarket shuts down sports in Michigan, following Kalshi, Robinhood, Coinbase
KEY TAKEAWAYSPolymarket US agreed to stop offering new sports event contracts in Michigan and close open positions by Nov. 25 under a federal court-approved...
CFTC claims ‘irreparable’ injury in lawsuit against Utah after state targeted Kalshi
KEY TAKEAWAYSThe CFTC and DOJ sued Utah on Monday to block the state's gambling enforcement against prediction markets.The suit follows Utah's Oct. 20 state...
How prediction markets could change Hawaii sports betting discussion heading into 2027
KEY TAKEAWAYSAloha State lawmakers are studying Hawaii sports betting, casinos, and lottery products while prediction markets already operate in the state’s regulatory gray area.Failed...
Why has the NBA chosen to work with prediction market operators, CFTC?
KEY TAKEAWAYSThe NBA announced partnerships with Kalshi and Polymarket, an MOU with the Commodity Futures Trading Commission (CFTC), and an extension of its sports...
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...
Prediction Markets Weekly: Yes, there is news outside of court
The prediction markets news cycle is not all about lawsuits, but a lot of it is. In the last week alone:Novig and Crypto.com each...
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....
Cruz bill would shift prediction market regulation of sports to states
KEY TAKEAWAYSSen. Ted Cruz plans to introduce a bill after the midterms that would bar prediction markets from offering gambling-related event contracts, including sports,...
Did Kalshi violate Michigan order by targeting ads to residents?
KEY TAKEAWAYSMichigan officials say Kalshi violated a preliminary injunction by advertising to state residents.Kalshi previously agreed to stop offering sports event contracts in Michigan...




















