Illinois is asking the Seventh Circuit to revive its licensing and tax regime for prediction markets after a judge blocked it, a case that tests whether states

The federal regulator argues Utah's criminal gambling charges against Kalshi are preempted by federal commodities law, escalating a state-versus-federal turf fi

Major sportsbook operators are exiting Utah's prediction market business as the state's criminal case against Kalshi chills participation.

The procedural extension keeps alive Kalshi's Supreme Court track on whether states can bar its event contracts while litigation continues.

A major exchange operator entering economic event contracts signals prediction markets expanding beyond sports and politics into macro data.

Separate from its motion to dismiss, the CFTC is pressing courts to halt Utah's enforcement action while the preemption question is litigated.

The criminal charges name Kalshi's billionaire co-founders personally, raising the stakes of the Utah dispute beyond corporate liability.

The Caribbean jurisdiction is courting prediction market operators with a bespoke licensing regime as US states tighten rules.

A mainstream sports franchise deal shows prediction markets pushing into sponsorship despite unresolved state regulatory fights.

The sports-free launch targets event contracts that may face less state gambling scrutiny than sports-linked markets.

A survey of state-by-state legal action tracks how divergent interpretations of gambling law are shaping the sector.

Legal analysis lays out the regulatory pathways that could bring the state-versus-CFTC question before the high court.

A tight referendum outcome would directly affect whether Nebraska joins states permitting sports wagering.

The core legal classification question underpins every state enforcement action and licensing attempt.

The settlement is an unrelated but notable CFTC enforcement action involving a former White House staffer.

State-by-state guide outlines Pennsylvania's current posture on prediction market platforms.

A legality tracker shows which states permit DFS and prediction market products.

A general market overview summarizing recent sector developments.