Coinbase agrees to halt Michigan sports event contracts in settlement with state regulators
Coinbase joins Kalshi and Robinhood in pulling sports event contracts from Michigan under a regulatory deal, adding to a wave of state-level pullbacks.
SCCG Management · +14 outlets
Cabazon tribe and 39 state AGs urge Supreme Court to hear Kalshi sports contract case
Tribal and state officials, joined by international gaming regulator associations, are pressing SCOTUS to resolve whether states or the CFTC control sports even
sigma.world · +6 outlets
Sixth Circuit rules Kalshi sports event contracts are not swaps and CEA does not preempt state gambling laws
The appellate decision deepens a circuit split by letting state regulators police prediction markets, a blow to Kalshi's federal preemption argument.
The National Law Review · +14 outlets
Ohio orders 10 prediction market operators to halt sports contracts via cease-and-desist letters
Ohio's casino control commission told Polymarket, Robinhood, Coinbase and others to stop offering sports event contracts in the state.
Yogonet · +14 outlets
Federal judge blocks Illinois prediction market rules, siding with Kalshi
A court win for Kalshi in Illinois temporarily halts state rules, though a separate ruling found its sports contracts likely qualify as swaps.
Yogonet · +14 outlets
CFTC proposes new rules on event contracts and crypto margin trading
The CFTC's proposal seeks to clarify prediction market legal status and crypto exchange rules while leaving room for self-custody and on-chain trading.
Gambling.com · +14 outlets
Court rules Tennessee can regulate Kalshi prediction markets
A Tennessee court sided with state regulators over Kalshi, reinforcing state authority in the prediction market fight.
The Tennessean · +14 outlets
Connecticut says prediction market platforms are exiting after cease-and-desist orders
Connecticut regulators report operators are pulling out after enforcement letters, part of a multi-state crackdown alongside Missouri.
Casino.com · +14 outlets
PrizePicks pulls sports contracts in Missouri
PrizePicks becomes the latest operator to withdraw sports event offerings under state pressure.
SBC Americas · +7 outlets
Kalshi submits bid to CFTC for perpetual-style oil contract
Kalshi is seeking federal approval to expand beyond prediction markets into perpetual-style commodity contracts.
Bloomberg.com · +1 outlets
Kalshi expands into US stock index futures
Kalshi is pushing beyond sports and political event contracts into traditional financial derivatives.
ATS.io · +14 outlets
Four Native American tribes launch prediction markets with Kalshi
The tribal partnership adds a new venue category to the prediction market landscape.
Covers.com · +14 outlets
Report: prediction markets grew 21x in a year as Washington weighs federal rules
Rapid growth in event contract trading is drawing heightened federal regulatory attention.
CCN.com · +1 outlets
Analysis: CFTC and states battle over authority as prediction market litigation accelerates
The jurisdictional conflict between federal commodities regulators and state gaming authorities is intensifying across multiple courts.
SCCG Management · +14 outlets
Analysis: Supreme Court could rule on sports prediction markets by June 2027
If SCOTUS takes the Kalshi case, a ruling could land in the 2027 term and reshape the industry.
Covers.com · +14 outlets
Kalshi faces escalating legal challenges across multiple states
An overview of the mounting court battles Kalshi faces as state regulators push back.
Crypto Briefing · +14 outlets
Pennsylvania player loses $25K on Kalshi despite gambling self-exclusion
The case highlights gaps between prediction markets and state problem-gambling safeguards.
Casino.com
Kinzinger betting probe spotlights prediction market manipulation concerns
A probe involving former lawmaker Adam Kinzinger is drawing attention to potential manipulation on prediction platforms.
Heartlander News · +1 outlets