Polymarket US sues Ohio to block enforcement of sports gaming license rules against its contracts
The suit challenges Ohio's crackdown on sports event contracts and sets up a federal-state test over who regulates prediction markets.
RG.org · +14 outlets
Utah sues Kalshi, seeking up to $61.2M in alleged illegal gambling profits
Utah's attorney general calls Kalshi the manager of a back-alley gambling den, opening a state action to recover proceeds from prediction market contracts.
Yogonet · +8 outlets
Ohio gaming regulator warns licensees to cut ties with prediction market operators
The warnings say serving prediction market platforms could affect a licensee's suitability, escalating Ohio's enforcement push.
Legal Sports Report · +10 outlets
Kalshi founder ready to take regulation fight to Supreme Court as states escalate
Kalshi faces a November 9 deadline while states and the NFL back Supreme Court review of the federal-state dispute.
New York Post · +14 outlets
Ohio Gov. DeWine vows lawsuits against sports prediction market operators
The governor's threat of state suits follows Ohio regulators' repeated warnings to licensees and Polymarket's preemptive federal case.
The Sports Geek · +4 outlets
Underdog sues Tennessee over its order targeting sports event contracts
The challenge adds Tennessee to the list of states facing litigation from prediction market and event contract operators.
Bonus.com · +14 outlets
Crypto.com and Novig sue Missouri over sports event contracts as deadlines expire
The two CFTC-regulated operators seek court protection on federal preemption grounds as Missouri targets Polymarket, Kalshi and Robinhood.
Betting News · +12 outlets
Cruz bill would give states jurisdiction over prediction markets and sports contracts
The Texas senator's proposal would hand states authority that the industry argues is federally preempted by the CFTC.
Legal Sports Betting · +14 outlets
UK FCA opens consultation on DeFi guidance
The consultation signals the UK regulator's push to formalize rules for decentralized finance activity.
Crypto Briefing · +9 outlets
Kalshi asks SEC to postpone Cboe event contracts, intensifying regulatory dispute
The request escalates tension between prediction market operators and exchanges seeking to list competing event contracts.
BNLData
CFTC publishes new swaps rules in the Federal Register
The filing formalizes swaps rulemaking that bears directly on how sports and political event contracts are classified.
DeFi Rate · +14 outlets
CFTC chair says crypto perpetual futures could be approved within a month
The timeline indicates the agency is moving toward clearing a product class long sought by crypto exchanges.
CoinMarketCap · +14 outlets
New Jersey regulators release responsible-gaming requirements as AG targets Kalshi
New Jersey joins the growing set of states adding compliance rules and enforcement aimed at prediction market operators.
CDC Gaming · +7 outlets
Washington moves to dismiss Novig suit, citing Ninth Circuit ruling
State attorneys argue a federal appellate decision undercuts Novig's challenge to Washington's event contract enforcement.
RG.org · +1 outlets
CFTC proposal on political event contracts draws comment
The proposal addresses how the agency would treat contracts tied to elections and political outcomes.
Daily Emerald · +14 outlets
Federal-state regulatory clash puts prediction markets at a crossroads
Analysts frame the dispute between CFTC jurisdiction and state gambling authority as the central question for the sector.
FTI Consulting · +2 outlets
Kalshi and Polymarket post their biggest trading month on record
Record volumes show the platforms are growing even as states escalate legal and regulatory challenges.
Startup Fortune
ProphetX self-certifies Circa Survivor event contracts with CFTC
The self-certification uses the CFTC's expedited listing path for sports event contracts.
RG.org