Polymarket US sues Ohio to block enforcement of sports gaming cease-and-desist
Polymarket's US arm is asking a court to halt Ohio's crackdown on sports prediction contracts, escalating the federal-versus-state fight over event markets.
CoinMarketCap · +14 outlets
Utah sues Kalshi for alleged illegal gambling, seeking up to $61.2M
Utah's attorney general calls Kalshi a gambling operation and seeks disgorgement of betting profits, the latest state action against federally regulated event c
Yogonet · +8 outlets
Ohio orders gaming licensees to cut ties with prediction markets by Oct. 30
Ohio regulators warn that licensed sportsbooks working with prediction market operators could jeopardize their suitability, setting a hard deadline for complian
Legal Sports Report · +14 outlets
Cruz to file bill giving states control over sports prediction markets
The Texas senator's proposal would reverse the federal preemption argument Kalshi and Polymarket have used to operate nationwide, potentially closing sports con
sigma.world · +8 outlets
State AGs and NFL urge Supreme Court to review prediction market dispute
A bipartisan group of state attorneys general and the NFL argue Kalshi and Polymarket contracts amount to gambling and should be subject to state oversight.
Regulatory Oversight · +5 outlets
CFTC halts Novig, ProphetX sports prediction market contracts
The agency told the two venues to pause planned micro and Scorigami contracts, signaling tighter scrutiny of novel sports event products.
Casino.com · +13 outlets
CME-backed industry group urges CFTC to block Kalshi oil futures plan
Traditional futures incumbents are pushing back on Kalshi's expansion beyond sports into commodity-linked contracts.
Crypto News · +2 outlets
Nasdaq seeks SEC approval for prediction-style Nasdaq-100 contracts
A major exchange operator is moving into event-contract territory, testing how far the SEC will let prediction-style products extend into traditional index mark
CoinMarketCap · +9 outlets
Kalshi asks SEC to postpone Cboe contracts amid regulatory dispute
Kalshi wants the securities regulator to delay competing index-style event contracts while its jurisdictional fight with the CFTC plays out.
BNLData · +2 outlets
Kalshi CEO says legal battle could reach the U.S. Supreme Court
Kalshi's founder says it is prepared to take the federal-state jurisdiction question to the high court as more states sue.
CDC Gaming · +14 outlets
Underdog sues Tennessee over prediction market gambling restrictions
The operator challenges Tennessee's treatment of prediction market products as illegal gambling, adding to the wave of state-level lawsuits.
Casino.com · +14 outlets
Crypto.com and Novig seek court protection for sports contracts as Missouri deadlines expire
The two firms are asking courts to shield their sports event contracts after Missouri moved against them, another front in the state-by-state enforcement wave.
Crowdfund Insider · +10 outlets
CFTC and prediction markets address oversight at industry conference
Regulators and operators publicly sparred over jurisdiction at a conference, framing the terms of the coming federal-state showdown.
Legal Sports Report · +14 outlets
CFTC's Miller: Maduro trading on his own capture would not necessarily break law
The CFTC official's comment highlights unresolved insider trading questions as event markets expand into geopolitical outcomes.
Covers.com · +1 outlets
DraftKings leans into election trading
The sportsbook operator is expanding into election event contracts, testing how far its licensed business can extend into prediction markets.
The Closing Line · +10 outlets
Better Markets calls for state oversight of prediction market marketing
The advocacy group argues deceptive marketing practices justify state regulation of prediction market operators.
GamingToday · +14 outlets
UK FCA opens consultations for DeFi guidance
The UK regulator is seeking industry input on how decentralized finance fits within its existing framework.
Crypto Briefing · +1 outlets
Gemini's prediction markets pass 329 million contracts traded
Volume figures show prediction market activity continuing to scale even as regulatory pressure mounts.
Crypto Briefing