Tag: Prediction Markets

Ninth Circuit panel looks to side with Nevada over Kalshi

17 April 2026 at 7:08am UTC-4
A panel of judges on the Ninth Circuit Court of Appeals in San Francisco has appeared to side with Nevada regulators during arguments in an ongoing legal dispute involving ...

Ohio fines Kalshi US$5 million for unlicensed sports betting

16 April 2026 at 6:18am UTC-4
Ohio gambling regulators have handed down a US$5 million fine to prediction market Kalshi, accusing the company of running an unlicensed sports betting platform in the state ...

Ohio bill proposes fees on sports bets to fund stadiums and schools

16 April 2026 at 5:50am UTC-4
Ohio Republican State Sen. Louis Blessing III has introduced legislation that would impose a 2% fee on sports wagers, directing revenue toward public sports stadiums and K-12 ...

Montana sued by Kalshi for attempting to regulate event contracts

15 April 2026 at 6:53am UTC-4
Prediction market Kalshi has filed a lawsuit in a Montana federal court, attempting to block state officials from enforcing state-level gambling regulations against its event ...
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High Roller Technologies launches prediction markets with Crypto.com

15 April 2026 at 6:25am UTC-4
Online casino operator High Roller Technologies has signed a definitive agreement with Crypto.com to launch prediction market contracts in the US. Under the deal, Crypto.com ...

BetMGM blasts prediction markets in earnings call

14 April 2026 at 1:18pm UTC-4
“Bad results for the house” was BetMGM Chief Financial Officer Gary Deutsch’s summary of a less-than-optimal quarter for the sports betting provider. His remarks came during ...
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Federal judge grants Kalshi a temporary win in Arizona

14 April 2026 at 7:14am UTC-4
A federal judge has temporarily blocked Arizona’s attempt to pursue criminal charges against prediction market Kalshi. US District Judge Michael Liburdi issued the temporary ...

Hong Kong pauses basketball betting launch due to concerns around impact of prediction markets

14 April 2026 at 5:05am UTC-4
The Hong Kong government has put on hold plans to officially allow betting on basketball from September, citing concerns around the rise of prediction markets in the US and their ...

Minnesota Senate advances prediction market ban

10 April 2026 at 7:23am UTC-4
A bill that would ban prediction markets in Minnesota moved forward this week after passing the Minnesota Senate State and Local Government Committee stage. Supporters of the ...

Bank of America projects US$1.1 trillion US sports-related event contracts market

10 April 2026 at 7:01am UTC-4
Bank of America has projected that the US market for sports-related event contracts could reach approximately US$1.1 trillion in annual volume, highlighting the growth of ...