Tag: Legal
Trump backs Commodity Futures Trading Commission and prediction markets
27 May 2026 at 7:42am UTC-4
President Donald Trump has publicly backed prediction market platforms amid legal and regulatory challenges from several US states.
In a post made to his social media platform ...
Tennessee attorney general appeals Kalshi ruling
27 May 2026 at 7:27am UTC-4
Tennessee Attorney General Jonathan Skrmetti has appealed a federal court ruling that temporarily blocked the state from enforcing its sports betting laws against Kalshi.
The ...
Sportradar faces class-action lawsuit after shares drop
27 May 2026 at 7:15am UTC-4
International securities law firm Bleichmar Fonti & Auld has filed a class-action lawsuit against Sportradar after the group saw its shares drop 22% after allegations that it ...
Rhode Island attorney general sues Kalshi and Polymarket
22 May 2026 at 1:08pm UTC-4
Rhode Island Attorney General Peter Neronha has sued Kalshi and Polymarket, escalating a legal dispute over whether the companies can offer contracts tied to sports outcomes in ...
Three sports betting operators face New Zealand class-action lawsuits
22 May 2026 at 12:50pm UTC-4
Three class-action lawsuits have been filed in the Auckland High Court in New Zealand against igaming operators, alleging that the companies operated unlawful offshore casino ...
South Korea reviews whether Polymarket is illegal gambling
22 May 2026 at 7:10am UTC-4
The Korea Communications Standards Commission is reviewing Polymarket amid concerns the service could constitute illegal gambling under South Korean law.
According to a report ...
Wisconsin’s prediction market feud could land in the Supreme Court
11 May 2026 at 7:01am UTC-4
Wisconsin’s growing legal battle over sports betting and prediction markets could ultimately be decided by the US Supreme Court, according to legal experts and company ...
PAGCOR releases new regulatory framework governing live-dealer studios streaming
3 May 2026 at 12:17pm UTC-4
Philippines gaming regulator PAGCOR has released its Accreditation Framework for Data Streaming Providers (DSP) – a framework that establishes the regulated pathway for ...
Sportradar execs push back on allegations in earnings call
28 April 2026 at 3:56pm UTC-4
Adversity for Sportradar continued in its first-quarter earnings call, which saw lengthy audio dropouts during its 65-minute duration. The company reported financial results early ...
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 ...
