Archive snapshot · Regulation
Wed, Aug 12, 4:52 AM ET
CFTC Invokes Emergency Powers To Keep Kalshi Operating in New York, Escalating $36B Fight
The CFTC used emergency authority to order Kalshi to keep operating in New York after the state sued Kalshi for allegedly running an illegal gambling operation,
Menafn · +14 outlets
Connecticut Federal Judge Denies Kalshi Injunction, Rules Sports Contracts Are Not Swaps
A Connecticut judge ruled Kalshi's sports event contracts are sports wagers, not swaps, and rejected Kalshi's bid to block state gambling enforcement, a major l
Yogonet · +14 outlets
CFTC Warns Kalshi, Polymarket To Drop Sportsbook-Style American Odds Displays
The CFTC warned prediction market operators that displaying American-style betting odds may violate federal commodity laws, signaling a crackdown on how event c
focusgn.com · +14 outlets
FlightAware Sues Kalshi Over Unauthorized Use of Flight Data for Cancellation Markets
FlightAware filed a lawsuit against Kalshi alleging the prediction market used its flight tracking data without permission to power flight cancellation betting
Startup Fortune · +14 outlets
Oregon Senators Urge CFTC To Block Wildfire Bets on Prediction Markets Over Arson Fears
U.S. senators from Oregon called on the CFTC to prohibit betting on wildfires, citing concerns that prediction markets could incentivize arson.
International Business Times Australia · +14 outlets
Novig Sues New York, Massachusetts, New Mexico, Washington To Shield Its Prediction Market
Novig filed lawsuits against four states seeking to block enforcement of state gambling laws against its CFTC-regulated prediction market, arguing federal preem
igaming.org · +7 outlets
Judge Stays CFTC Case Against U.S. Soldier Over $400K Polymarket Bet on Maduro
A federal judge paused the CFTC's enforcement case against a U.S. soldier who placed $400,000 in bets on Polymarket related to Venezuelan President Maduro.
HOKANEWS.COM · +7 outlets
DraftKings Self-Certifies Nine Football Event Contracts Including Parlays on DKeX
DraftKings submitted nine football event contracts for CFTC self-certification, including a combos contract enabling parlay-style betting on its DKeX exchange.
Casino.org · +7 outlets
Eight States Now Have Authority To Ban or Restrict Kalshi
Eight U.S. states have secured legal authority to ban or restrict Kalshi's operations, the company confirmed, as state-level pushback against prediction markets
ingame.com · +14 outlets
Kalshi Adopts Nasdaq Surveillance Platform Already Used by the CFTC
Kalshi implemented Nasdaq's market surveillance technology, the same system the CFTC uses, to monitor for manipulation on its prediction market platform.
TradingView · +2 outlets
CFTC Seeks To Quell the Sports Prediction Market 'Duck' Argument
The CFTC pushed back on the legal argument that sports event contracts are distinguishable from gambling by how they settle, a key point in ongoing litigation.
Yahoo Finance · +8 outlets
As Prediction Market Growth Skyrockets, Critics Worry About Addiction
The rapid growth of prediction markets has drawn criticism from gambling addiction experts who warn consumers may not distinguish them from gambling.
northjersey.com · +1 outlets
Nevada Regulator Warns Casino-Style Prediction Markets May Be Next Regulatory Frontier
A Nevada gaming regulator signaled that casino-style prediction markets could face increased scrutiny as the line between event contracts and gambling blurs.
FishDuck · +1 outlets
Michigan Judge Rejects Coinbase Injunction Bid To Block State Enforcement
A Michigan judge denied Coinbase's request for an injunction to block state securities enforcement, a separate case from the prediction market legal battles.
Betting News · +7 outlets
Nevada Problem Gambling Group Cuts Ties With NCPG Over Kalshi Partnership
The Nevada Problem Gambling group ended its relationship with the National Council on Problem Gambling after NCPG partnered with Kalshi, citing concerns over pr
Casino.com · +8 outlets
ProphetX Strikes B2B Deal With Pikkit To Power NFL, NBA Prediction Markets
ProphetX partnered with Pikkit to offer CFTC-regulated sports prediction markets to Pikkit's community for NFL and NBA contracts.
FishDuck · +2 outlets
CFTC Holds Inaugural Innovation Advisory Committee Meeting on August 20
The CFTC announced its first Innovation Advisory Committee meeting to discuss emerging issues in financial technology including prediction markets.
Crypto Briefing · +5 outlets
Prediction Markets Expand Into Clinical Trial and FDA Approval Contracts
Regulatory law firm analysis notes prediction markets are expanding into clinical trial outcomes and FDA approvals, drawing increased regulatory attention.
www.hlc.com · +14 outlets

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