Tag: Prediction markets
Kalshi granted temporary injunction in New Jersey sports trading case
Prediction market operators received more good news this week as Kalshi won a preliminary restraining order and a temporary injunction... more
Prediction markets, shock alliances, and the ‘backdoor’ to legal sports wagering: Gambling’s national turf war
It’s been seven years since the US Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), thereby... more
CFTC cancels sports futures meeting with gambling groups
The Commodity Futures Trading Commission (CFTC) has canceled a planned policy roundtable that would have given a forum to groups who say... more
Future of sweepstakes, event contracts dominating conversation at East Coast Gaming Congress
In recent years, it has become common for there to be a hot topic or two that dominates the conversation at the annual East Coast Gaming... more
Kalshi’s Nevada court win may be short-lived due to Federal Wire Act
Congress isn’t shy when it comes to setting a clear federal policy on the divisive subject of sports gambling. In every instance, it has... more
Tennessee asks CFTC to ‘not permit’ sports event contracts
The Tennessee Sports Wagering Council has sent the Commodity Futures Trading Commission a letter asking the federal agency to “not... more
Kalshi stays live with sports markets in Nevada after winning injunction
U.S. District Court Judge Anthony Gordon provided a detailed ruling that expanded on his decision Tuesday night to grant Kalshi’s motion... more
Defying state regulators, Kalshi ‘won’t stop’ offering event contracts
A controversial prediction market platform founder declared his company answers to the Commodity Futures Trading Commission (CFTC) only.... more
Why U.S. gambling regulators have had it with event contracts
The predict has hit the fan. In case you weren’t aware, there is a growing battle over sports-related event contracts being fought by... more
IGA: Tribes and commercial gaming operators must pay attention to illegal operators
According to Victor Strategies’ Executive Vice President Gene Johnson, the gambling industry is under siege. During Tuesday’s session... more
