The appeals court found Kalshi's sports event contracts are subject to state gambling laws, undercutting the platform's argument that CFTC jurisdiction preempts

New York's action and Polymarket's federal countersuit escalate the state versus CFTC fight over who regulates event contracts, following earlier suits against

The guidance signals tougher scrutiny of contracts tied to individual statements or mentions, a fast-growing but hard-to-police prediction market category.

With courts split and the CFTC facing limits, legislators are pushing for a federal framework amid private briefings with industry executives.

State gaming regulators continue enforcement against prediction market operators even as federal courts weigh jurisdiction.

The platform's geofencing move follows pressure from tribal gaming interests in the country's largest sports betting market.

State regulators are examining how operators deploy AI tools, adding a new front to sports betting oversight.

The decision keeps college prop markets open in the state despite integrity concerns raised by the NCAA.

The compliance vendor deal reflects growing infrastructure buildout among newly licensed event contract venues.

The product change raises margin and consumer protection questions as prediction markets expand their offerings.

The former New Jersey governor adds a prominent political voice to calls for tighter oversight of event contracts.

The integration points to prediction market data becoming a standard input for AI-driven trading and research tools.

The polling suggests tax treatment changes may be shifting consumer behavior in legal sports betting markets.

The state-by-state tracker follows a patchwork of rulings, bans and licensing fights across the two largest prediction market platforms.