The proposal would assert federal authority over prediction markets by writing event contracts into the swaps definition, while states and sportsbooks fight ove

Multiple parties are urging SCOTUS to resolve whether sports prediction markets are federally regulated derivatives or state-policed gambling, with a ruling pos

Election betting volume is climbing as the midterms approach while state officials move to restrict platforms amid unresolved questions over their authority to

Lobbying and legal spending are escalating as 39 states and the CFTC contest jurisdiction over sports prediction markets, with one study estimating up to $39.4B

The tribal partnerships add sovereign-entity partners to Kalshi's expansion amid continuing disputes over jurisdiction between tribes, states, and federal regul

The suit claims DraftKings' operations violate the tribe's exclusive sports betting compact, testing the boundaries of Florida's tribal monopoly.

The move extends Kalshi's product line into traditional index futures, adding a new front in its dispute over what the CFTC permits it to list.

The appeal tests whether a national gambling regulator can block offshore prediction market access within the EU.

The application would let a crypto exchange operate prediction markets and derivatives under federal oversight rather than state gambling rules.

The enforcement action targets unlicensed offshore operators as states step up efforts to police illegal sports betting.

The state is pushing the appellate court to revisit its earlier ruling on Kalshi's contracts as the parallel Supreme Court dispute develops.

A major derivatives broker publicly disputes reported prediction market volume figures while predicting the courts will settle the regulatory question.

The polling adds political pressure on regulators and platforms as election-related contracts draw scrutiny across party lines.

The statements respond to arguments that the CFTC's event contract authority was intended to cover gambling-style products.

Sports leagues are seeking data-sharing arrangements from prediction platforms as federal rulemaking clarifies how sports contracts are treated.