The CFTC's letters to the two exchanges mark the first direct federal action against novel sports-derived event contracts, testing the boundary between event co

The suit seeks an injunction against Ohio's crackdown, escalating the jurisdictional fight between federally regulated event contracts and state gambling regula

The Ohio Casino Control Commission's deadline puts state-licensed operators on notice that working with prediction market venues could jeopardize their licenses

The bill would put state approval at the center of prediction market oversight, a direct legislative challenge to the CFTC's exclusive federal jurisdiction clai

The coalition's filing pushes the federal-versus-state question toward the high court, where Kalshi's CEO says the legal battle is headed.

Utah's suit is one of the largest state damages claims against a prediction market operator and names Kalshi backer Susquehanna over gambling fees.

The challenge signals incumbent futures exchanges see Kalshi's expansion beyond event contracts as a competitive threat on their core turf.

Kalshi and Polymarket have ramped up political spending, including $5M across 2026 politics, as federal legislation on their business model advances.

Sports league opposition and state enforcement actions frame the central legal question of whether event contracts are gambling.

The comments highlight unresolved insider trading standards for event contracts tied to human behavior and government action.

The guidance extends insider trading concerns over event contracts to defense and national security information.

DraftKings is positioning to benefit whether event contracts are federally or state regulated, and is expanding into election trading.

The crypto wallet integration broadens Kalshi's retail distribution even as legal challenges from states continue.

Canada's investment regulator bars the products for its member firms, diverging from the still-evolving US approach.

The operator's challenge adds to the growing docket of suits over whether states can bar federally regulated event contracts.

The NEXTPredict summit panels focused on court fights, midterm election markets and the sector's growth toward a $1.5 trillion market.

The brokerage's move reflects widening crossover between retail trading platforms and event contract markets.

The agency's outreach to farm interests signals event contract venues could extend into agricultural risk hedging.