NFL urges Supreme Court to take up Kalshi case, says sports contracts are gambling not swaps
The NFL filed a brief backing New Jersey's petition asking the Supreme Court to review whether state gambling laws or the CFTC govern sports event contracts, br
The Block · +14 outlets
39 state attorneys general and tribes back New Jersey in Supreme Court Kalshi dispute
A coalition of state attorneys general and the Cabazon Tribe filed briefs urging the Supreme Court to hear New Jersey's case against Kalshi, arguing states shou
The Crypto Times · +14 outlets
Coinbase to halt Michigan sports event contracts by Oct. 10 in regulator settlement
Coinbase agreed to stop offering sports event contracts in Michigan and close existing positions, following similar pullbacks by Kalshi and Robinhood under stat
The Sports Geek · +14 outlets
Ohio regulator orders 10 prediction market operators to stop sports contracts
Ohio's Casino Control Commission sent cease-and-desist letters to ten prediction market platforms, widening the state-level crackdown on sports event contracts.
Yogonet · +13 outlets
Sixth Circuit rules Kalshi sports event contracts are not swaps and CEA does not preempt state law
The appellate ruling deepens a circuit split by holding that state gambling regulators can police prediction markets, a key backdrop to the pending Supreme Cour
The National Law Review · +14 outlets
Gaming regulator associations urge Supreme Court to hear Kalshi case, decision possible by June 2027
Industry groups representing state gaming regulators filed a brief supporting review, arguing the split over prediction market oversight needs a national resolu
Yogonet · +14 outlets
CFTC swap definition could keep sports contracts on prediction markets
A potential CFTC rule defining prediction market contracts as swaps would preserve federal oversight and shield sports offerings from state gambling law.
GamingToday · +14 outlets
Four Native American tribes partner with Kalshi to launch prediction markets
The tribal partnership widens a split among gaming interests over whether prediction markets should be embraced or blocked.
Covers.com · +14 outlets
CFTC vs. states: the fight over who regulates prediction markets
The jurisdictional battle between federal derivatives regulators and state gaming authorities is the core legal question now headed toward the Supreme Court.
Gambling.com · +14 outlets
Blanche Lincoln, former senator who warned on event contracts, now lobbies for Kalshi
The former senator and Agriculture Committee chair, who once raised concerns about sports event contracts, has registered to lobby for Kalshi.
Crypto Briefing · +4 outlets
Coinbase appeals Connecticut ruling over sports event contracts
Coinbase is challenging a Connecticut decision as the state says prediction market platforms are leaving after cease-and-desist orders.
The Crypto Times · +14 outlets
Connecticut says prediction market platforms are exiting after cease-and-desist orders
State pressure has forced prediction market operators to pull back in Connecticut and Missouri, per an industry roundup.
Casino.com · +6 outlets
Tennessee court rules state can regulate Kalshi prediction markets
A Tennessee court sided with state regulators, finding they have authority over Kalshi's prediction market offerings.
The Tennessean · +14 outlets
PrizePicks halts team picks sports derivatives in Missouri
PrizePicks stopped offering certain sports derivative products in Missouri amid mounting state scrutiny of contest-style markets.
Casino.org · +1 outlets
theScore Bet fined C$200K over cash-out offers
Canadian regulators penalized theScore Bet over promotional cash-out offers, adding to enforcement actions against sportsbook marketing.
Casino.com · +1 outlets
Pennsylvania player loses $25K on Kalshi despite gambling self-exclusion
The case highlights gaps in self-exclusion enforcement as prediction markets operate outside traditional sportsbook safeguards.
Casino.com
Utah bans gambling but DraftKings, FanDuel and similar platforms still operate
The Salt Lake Tribune examines why national fantasy and prediction platforms remain accessible in a state that prohibits gambling.
The Salt Lake Tribune
Uranium Finance hacker convicted over DeFi exploits and laundering
A federal conviction in the Uranium Finance case marks a rare enforcement win against DeFi exploit operators.
Crypto Briefing