The proposal would hand the CFTC explicit authority over prediction markets while explicitly excluding traditional casino-style bets, setting up a federal-state

A growing coalition including state regulators, the NFL, and former SEC chairs wants the Supreme Court to settle whether federal commodities law preempts state

New York becomes the latest state to sue Kalshi directly, arguing its sports and event contracts violate state gambling law despite the company's federal licens

Kalshi wants the entire appeals court to revisit a panel decision on its sports event contracts, a case that runs parallel to the separate Supreme Court fight o

The tribe that holds Florida sports betting exclusivity claims DraftKings' prediction market and DFS offerings violate its state-granted monopoly.

The figure underscores the scale of the market now at the center of the federal-state regulatory dispute.

The crypto exchange becomes the latest firm seeking federal derivatives approval to enter the US prediction market business.

Coinbase halts its prediction market offering in Michigan after reaching a deal with the state gaming board, illustrating how state pressure is reshaping produc

Polymarket expands into private-market contracts while a separate regulator stalls proposals for exchange-traded prediction market funds.

Rising election contract volume is intensifying the fight over whether states have authority to curb the markets.

Ohio joins the states pushing back on prediction markets, with implications for Robinhood's event contracts business.

Kalshi is partnering with tribal operators to bolster its jurisdictional argument that event contracts fall under federal, not state, authority.

Survey results showing public opposition to election prediction markets arrive as states challenge the venues ahead of the midterms.

The two biggest platforms are deploying significant lobbying and legal resources as the regulatory battle escalates.

The research adds an economic stake to the debate, indicating how much existing gambling revenue is at risk if event contracts expand.

Nevada officials warn the spread of prediction markets could erode a key state revenue stream tied to casino wagering.

Former officials push back on the argument that existing commodities law secretly authorized the CFTC to regulate sports betting, a core point in the litigation

The bill would criminalize sweepstakes-style online gambling with steep penalties, part of a broader state crackdown on unregulated betting products.