Tag: Kalshi
Prediction markets innovation claims questioned by tribal, state gaming regulators
Prediction markets have moved into the mainstream, bolstered by a large consumer appetite for sports-event contracts and a friendly... more
Nevada gambling regulator not surprised by CFTC’s rulemaking on prediction markets
The decision by the Commodity Futures Trading Commission (CFTC) to advance a regulatory overhaul of prediction markets late last Friday did... more
CDC Gaming: Inside the latest prediction market developments
The typical prediction market customer wants entertainment and innovation and is interested in different topics and what is happening in... more
Michigan: Coinbase halts sports-event contracts in settlement with regulators
Coinbase Financial Markets Inc. has agreed to stop offering new sports-event contracts to Michigan customers by midnight on Saturday,... more
Nevada: Attorney opposes Kalshi’s bid to delay rehearing due to CFTC rulemaking
Nevada opposes Kalshi’s bid to delay a rehearing by the U.S. Court of Appeals for the Ninth Circuit, while the Commodity Futures Trading... more
CDC Gaming: Inside the latest prediction market developments
The U.S. Supreme Court has granted Kalshi’s motion for a 30-day extension to file its response to New Jersey’s court petition. Kalshi’s... more
California: Gaming tribes urged to enlist city, county attorneys in prediction market battle
Kalshi’s decision to seek a rehearing of a federal appeals court ruling is likely to fail, according to a veteran gaming attorney. Earlier... more
CDC Gaming: Inside the latest prediction market developments
Underdog has filed a federal lawsuit against Connecticut officials after being one of nine companies to receive a cease-and-desist order,... more
U.S. Appeals Court blocks sports-event contracts on California tribal lands
A federal appeals court ruled in favor of two California tribes Wednesday, blocking Kalshi from offering sports-event contracts on their... more
CDC Gaming: Inside the latest prediction market developments
North American Derivatives Exchange, known as Crypto.com, joins with Robinhood in filing with the U.S. Supreme Court seeking review of the... more
