Tag: Prediction Markets
Prediction markets are gaming’s next big shortcut to 50-state access
31 May 2025 at 11:28am UTC-4
Prediction markets are creeping into the national spotlight and depending who you ask, they're either the future of federally regulated gambling or a dressed-up loophole designed ...
Court to rule over Nevada Resort Association joining Kalshi case
28 May 2025 at 7:25am UTC-4
A US District Court judge will have to decide whether to allow the Nevada Resort Association to intervene in a case over the legality of prediction markets.
The New York-based ...
Judge commits to move quickly on Kalshi Nevada judgment
20 May 2025 at 5:41am UTC-4
A District Court judge has confirmed that he will be aiming to bring a quick judgment in a case that could have profound implications for the US sports betting sector.
Judge ...
Prediction markets seem to be inevitable, panel says
15 May 2025 at 4:31pm UTC-4
During Wednesday’s panel discussion “Trading on the Future: Prediction Markets are Here to Stay” at SBC Summit Americas in Fort Lauderdale, Florida, panelists vociferously ...
CFTC drops Kalshi election betting appeal
7 May 2025 at 6:21am UTC-4
The Commodity Futures Trading Commission has dropped its appeal against online predictions platform Kalshi after a federal judge ruled that Kalshi could take bets on the outcome ...
NBA expresses concerns over sports prediction integrity to CFTC
5 May 2025 at 7:05am UTC-4
The NBA has sent a letter to the Acting Chairman of the Commodity Futures Trading Commission Carolina Pham highlighting its concerns that sports prediction markets threaten the ...
Michigan regulator registers concern over event contracts with CFTC
1 May 2025 at 6:34am UTC-4
The Michigan Gaming Control Board has written to the Commodity Futures Trading Commission outlining its concerns about sports event contracts being offered in the state.
The ...
Federal Judge says Kalshi can continue in New Jersey
30 April 2025 at 7:31am UTC-4
A New Jersey federal judge has ruled that state regulators cannot ban the trading platform Kalshi from offering sports prediction markets.
Kalshi has sued New Jersey regulators ...
Prediction markets platform Kalshi files lawsuit in Maryland
23 April 2025 at 7:00am UTC-4
Prediction markets operator Kalshi has filed a lawsuit against the Maryland Lottery and Gaming Control Commission in response to a cease-and-desist letter ordering the company to ...
Could Kalshi’s Nevada victory collapse due to the Wire Act?
16 April 2025 at 7:53am UTC-4
Reporting in Forbes yesterday raised questions around the legality of online prediction platform Kalshi’s sports prediction markets under the Wire Act.
The law prohibits ...
