Utah criminally charges Kalshi and its co-founders over alleged illegal gambling
Utah's criminal case against Kalshi and its executives has become the sharpest front in the state-versus-federal fight over prediction market jurisdiction.
Coin Gabbar · +14 outlets
CFTC asks federal judge to halt Utah's criminal case against Kalshi
The CFTC's intervention escalates the federal-state conflict over whether event contracts fall under federal derivatives law or state gambling codes.
Legal Sports Report · +14 outlets
Kalshi sues Missouri over the state's prediction market enforcement
Kalshi is opening a new legal front against state regulators as it argues event contracts preempt state gambling rules.
GamingToday · +14 outlets
Polymarket to stop offering sports event contracts in Michigan by Nov. 25
Polymarket's retreat from Michigan marks a rare instance of a prediction market complying with a state gaming regulator's demand.
Gaming Intelligence · +14 outlets
Polymarket sues Louisiana over state sports betting rules and CFTC authority
Polymarket's Louisiana suit parallels Kalshi's state-by-state litigation strategy over federal preemption of event contracts.
Betting News · +14 outlets
CFTC clears prediction markets from swap reporting requirements
The exemption removes a compliance burden that would have applied derivatives-style reporting to event contracts.
CoinMarketCap · +8 outlets
SEC weighs enforcement action over insider trading in prediction markets
Prediction market insider trading scrutiny is widening beyond the CFTC to securities regulators.
Crypto News · +14 outlets
Fanatics to shut down its prediction market offering in Utah
Fanatics' exit from Utah shows the criminal case against Kalshi is already reshaping operator behavior in the state.
https://www.ingame.com/ · +14 outlets
NBA names Kalshi and Polymarket preferred prediction market exchanges
A major league endorsement gives the venues mainstream sports legitimacy even as states pursue enforcement.
CryptoDaily · +14 outlets
CFTC discusses prediction market oversight at NEXTPredict conference
Regulators used the industry gathering to outline their approach to overseeing event contracts.
Casino.com · +3 outlets
Aries launches prediction markets through ForecastEx
Aries joins the roster of regulated venues building event contract offerings on existing exchange infrastructure.
StreetInsider · +4 outlets
Polymarket rolls out five-minute crypto markets as analysts debate settlement risks
Ultra-short crypto contracts raise questions about how these markets resolve during fast-moving price swings.
CoinDesk · +1 outlets
NFL forces Eagles RB Saquon Barkley to divest his Polymarket stake
League policy on player gambling ties is colliding with the growth of prediction markets among athletes.
Casino.org · +14 outlets
Webull sets Oct. 31 deadline for Connecticut sports event contracts
Webull's contract deadline suggests another venue is winding down state-specific sports offerings.
PlayUSA · +1 outlets
Opinion: prediction markets belong under federal law, not state gambling rules
The preemption argument that underpins Kalshi's and Polymarket's litigation is being made in legal commentary.
Law.com · +14 outlets
Feds and Wall Street back prediction markets as legal fights intensify
Institutional and regulatory interest in event contracts is rising alongside the state-by-state court battles.
CoinMarketCap · +9 outlets
Ohio bans a sports bettor over alleged World Series threats
The ban is one of the first state-level enforcement actions tied to harassment by a bettor.
Casino.com
Kalshi marketing email pitches business hedging to Oregon recipients
Kalshi's hedging framing is central to its argument that event contracts are financial products, not gambling.
The Event Horizon