Utah's attorney general accuses Kalshi of operating an illegal gambling operation and seeks disgorgement of profits and restitution, widening state action again

Polymarket's US entity argues Ohio's licensing regime unlawfully targets prediction markets, as Gov. DeWine simultaneously vows further legal action against ope

Ohio officials escalate enforcement against prediction markets that so far have refused to stop offering sports event contracts in the state.

The two operators filed in federal court to block Missouri's cease-and-desist orders, arguing federal commodities law preempts state sports betting authority.

Underdog challenges Tennessee's order against its sports event contracts, citing the Sixth Circuit's Kalshi decision on federal jurisdiction.

The proposal would bring prediction markets under the CFTC's swap framework, sharpening the federal-state fight over who regulates event contracts.

Missouri regulators target Polymarket, Kalshi and Robinhood over sports event contracts as the state's deadline for compliance passes.

New Jersey joins a growing list of states moving on prediction markets with new responsible-gaming rules and action aimed at Kalshi.

The Senate proposal would assign states primary authority over sports event contracts, a counterpoint to the CFTC's federal approach.

Formal publication starts the comment clock on the swap definition that would cover prediction market platforms.

Kalshi's chief says the company would withdraw from markets where states prevail in the jurisdictional fight over event contracts.

An Illinois ruling favors Kalshi, adding a state-level court win to the company's federal preemption arguments.

Record volumes at both platforms underscore prediction markets' growth even as state regulators escalate enforcement.

The agency signals it will move on retail crypto leverage products without waiting for Congress, potentially displacing state licensing.

Survey results show public skepticism toward election event contracts as regulators debate their legality.

The league's tightened prop bet rules apply to sportsbooks, leaving CFTC-regulated event contracts outside its reach.

Washington state argues a Ninth Circuit decision undercuts Novig's challenge to its sports event contract enforcement.

The prime brokerage tie-up extends prediction market distribution to institutional clients through Crypto.com's OG.com brand.