A unanimous federal appeals court ruled Kalshi cannot block Nevada from enforcing its gambling laws against the platform’s sports event contracts.
North Carolina sportsbooks generated $63.2 million in July gross wagering revenue, up 178% from a year earlier.
Connecticut Attorney General William Tong sued Kalshi on August 26, asking a state court to block its sports event contracts.
The PGA Tour suspended PGA Tour Champions player Matt Gogel for six months after he wagered on a PGA Tour competition he was not playing.
Nebraska voters will decide Nov. 3 whether to legalize online sports betting after state officials certified two related ballot initiatives.
Little League International is condemning offshore sportsbooks for once again accepting bets on players as young as 10 years old.
Novig says its newly national sports prediction market generated more than $125 million in notional volume in its first week.
Florida Attorney General James Uthmeier has sued Stake and VGW over their sweepstakes casino businesses, while also targeting companies accused of processing payments for them.
Fanatics Betting & Gaming has agreed to a multi-year deal making Fanatics Sportsbook an official sports betting partner of the NFL and Fanatics Casino an official online casino partner.
Election officials are tightening staff rules as Kalshi, Polymarket and other platforms expand their political markets before the 2026 midterms
The CFTC has ordered Kalshi to continue operating as New York seeks an injunction that could reach the exchange’s nationwide business
Trump Media has abandoned plans to put Crypto.com prediction markets directly inside Truth Social, replacing the proposed Truth Predict product with a simpler marketing agreement.
Nine Democratic senators have asked the CFTC to restrict prediction markets tied to wildfires. They warn that allowing traders to profit from a fire’s spread or duration creates risks ranging from insider trading to arson.
A federal judge ruled that Utah can enforce its gambling ban against Kalshi’s sports contracts. The decision gives states another route to restrict federally regulated prediction markets.
Novig launched its federally regulated prediction markets platform in 47 states before suing regulators in New York, New Mexico, Washington, and Massachusetts