Tag: Legal
Prediction markets run backlash risk, Jefferies analyst says
1 April 2026 at 3:39pm UTC-4
Although prediction markets have seen rapid adoption in the US, they court the peril of legal resistance and adverse court decisions in 2027. At present, they’re the ...
Washington State Attorney General sues Kalshi
30 March 2026 at 7:50am UTC-4
Washington Attorney General Nick Brown has sued Kalshi, alleging the company is operating in violation of state gambling laws.
The complaint, filed in King County Superior ...
Judge denies NCAA plea to stop DraftKings from using March Madness
30 March 2026 at 7:29am UTC-4
A federal judge has denied a request by the NCAA to stop sportsbook operator DraftKings from using “March Madness” and other tournament-related trademarks in its sportsbook ...
Nevada secures ban on Kalshi’s sports event contracts
23 March 2026 at 7:21am UTC-4
Nevada gambling regulators have secured a short-term ban on some contracts offered by Kalshi, pending a court hearing.
According to the Wall Street Journal, the temporary ...
Kalshi sues Arizona to block state regulators
16 March 2026 at 7:05am UTC-4
Kalshi sued Arizona regulators in federal court to stop them from shutting down its operations in the state.
In its lawsuit, the company argues that its platform is regulated ...
India’s Supreme Court rules no action for real-money gaming operators ahead of Gameskraft case
23 February 2026 at 7:13am UTC-5
India’s Supreme Court has directed authorities to not take coercive action against real-money gaming operators Fanmade11 Fantasy Sports and 9Stacks Games until it delivers ...
Sleeper enters into prediction markets through Kalshi partnership
9 February 2026 at 7:26am UTC-5
Fantasy sports platform Sleeper Markets entered US prediction markets through a partnership with federally regulated prediction market Kalshi, marking the latest crossover between ...
Nevada regulators try to stop prediction market platform Coinbase from operating in state
4 February 2026 at 6:55am UTC-5
Nevada regulators have taken legal action to stop Coinbase from offering its prediction market products in the state, asserting that the platform is operating unlicensed gambling ...
Escalante steps down from Virtual Gaming Worlds after arrest
2 February 2026 at 7:32am UTC-5
Gambling technology entrepreneur Laurence Escalante has stepped down as CEO and Executive Chairman of social gaming operator Virtual Gaming Worlds after his arrest last week ...
Polymarket temporarily banned from Nevada ahead of Super Bowl LX
2 February 2026 at 7:17am UTC-5
A Nevada court has temporarily barred Polymarket from offering event contracts in the state, joining a growing list of states that have taken legal action against prediction ...
