Congress grills CFTC Chair Selig on prediction markets, insider trading
Members of the House of Representatives Committee on Agriculture held a stern and occasionally scathing interrogation of Commodity Futures Trading Commission (CFTC) Chair Michael...
Ohio regulator turns up heat on Kalshi with planned $5m fine
Ohio's gaming regulator has upped the ante on Kalshi by announcing that it intends to fine the prediction market platform $5m.The Ohio Casino Control...
Kentucky Assembly overrules Gov. Beshear’s veto of betting bill
This article was updated on April 15 after votes in the General Assembly on April 14.Kentucky's General Assembly overrode Gov. Andy Beshear's veto of a...
BetMGM CEO says prediction markets competition driving up costs
The continued expansion of prediction markets into sports and marketing overdrive is affecting BetMGM, but the different platforms cater to different audiences when it...
Judge pauses Arizona’s criminal case against Kalshi after CFTC steps in
Days after denying Kalshi temporary relief against Arizona state officials, a federal judge granted a request from the Commodity Futures Trading Commission (CFTC) for...
Wisconsin Gov. Evers signs bill to legalize tribe-run online sports betting
Wisconsin's federally recognized tribes will soon be able to offer statewide online sports betting. Gov. Tony Evers signed a bill that the legislature passed...
Massachusetts to reopen sportsbook licensing amid bet365 interest
Massachusetts may soon be adding more online sportsbooks.The Massachusetts Gaming Commission (MGC) voted unanimously at a meeting on Thursday to reopen the sports betting...
Arizona judge denies Kalshi an injunction as CFTC looks to handcuff state
A federal judge has denied Kalshi's motion for a temporary restraining order (TRO) and a preliminary injunction against Arizona as the Commodity Futures Trading...
Third Circuit says New Jersey can’t block Kalshi’s sports contracts
Kalshi received some favorable legal news on Monday with a federal appellate court ruling that the prediction market can offer sports event contracts in...
CFTC sues AZ, CT, and IL, alleging prediction markets overstep
When Commodity Futures Trading Commission (CFTC) Chair Michael Selig said "we'll see you in court", he wasn't kidding.The CFTC announced on Thursday that, in...




















