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...
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...
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...
Pennsylvania legislators break new ground with Problem Gambling Caucus
KEY TAKEAWAYSPennsylvania lawmakers formed the first legislative caucus focused specifically on addressing problem gambling concerns.Members will advocate for "common-sense safeguards" in the state's gambling...
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....
Ohio bans bettor who threatened Blue Jays manager during World Series
KEY TAKEAWAYSThe Ohio Casino Control Commission voted to ban a bettor who was found to have threatened harm against Toronto Blue Jays manager John...
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...
Utah sues Kalshi, but a new target raises bigger questions
KEY TAKEAWAYSUtah sued Kalshi, its affiliates and two Susquehanna trading firms Tuesday, alleging illegal gambling.The state estimates Kalshi earned $30.6 million to $61.2 million...
Polymarket calls Ohio sports betting rules discriminatory, unconstitutional in suit
KEY TAKEAWAYSPolymarket is seeking an injunction against Ohio officials after the state's gaming regulator sent it and other prediction market operators a cease-and-desist letter...
SBC Leaders: Jason Robins on building DraftKings and ‘bullets dodged’
DraftKings had a long journey from daily fantasy sports start-up to global gaming giant and prediction markets entrant. Co-founder and CEO Jason Robins recounted...




















