Four tribes have launched prediction market apps built on Kalshi's exchange, opening a split in Indian country as Oklahoma's tribal gaming association warns prediction markets undermine...
The CFTC has proposed classifying sports and other event contracts as swaps while an interim final rule excludes state-licensed sportsbooks, casino games and lotteries from federal...
The NFL has filed an amicus brief urging the Supreme Court to hear New Jersey's case against Kalshi, arguing sports event contracts are gambling and the...
Ohio and 38 other states plus Washington DC have filed an amicus brief asking the US Supreme Court to review the Third Circuit ruling that shields...
Judge Martha Pacold granted Kalshi and Coinbase partial preliminary injunctions, finding many sports event contracts are likely swaps under federal law.
The Ohio Casino Control Commission has given Polymarket, Robinhood, Coinbase, Underdog and six other platforms until 16 October to stop offering sports event contracts in the...
Attorney General Catherine Hanaway has sent cease-and-desist letters to Kalshi, Polymarket and four other platforms, saying sports contracts are unlicensed wagering under Missouri law.
The CFTC has lodged a proposed rule and an interim final rule on event contracts with the White House regulatory office, as states keep fighting prediction...
Heather Maurer is stepping down as executive director of the US National Council on Problem Gambling after nine months, following regulator walkouts over the council's $2m...
The Commodity Futures Trading Commission is preparing a sweep of prediction market incentive programmes, with sign-up bonuses, risk-free trades and unlimited rebates in scope.