Ninth Circuit denies Kalshi appeal against Nevada
The ruling keeps Nevada's action against Kalshi in place and tests how far prediction markets can operate outside state gambling regimes.
The ruling keeps Nevada's action against Kalshi in place and tests how far prediction markets can operate outside state gambling regimes.
A federal appellate split over prediction markets exposes operators and state regulators to conflicting court standards and possible Supreme Court review.
The decision affects how states may regulate sports-related prediction contracts.
The ruling keeps Nevada sports prediction markets subject to state gambling rules.
Canada’s regulatory stance concerns suppliers offering sports prediction markets in the country.
The settlement requires Perez to surrender trading gains and bars him from trading for three years over alleged misuse of confidential government information.
Prediction market operators face state gambling regulation under the appeals ruling, which Kalshi plans to challenge through further review.
The court challenge could clarify whether Denmark’s betting rules apply to prediction markets and justify blocking their sites.
Unauthorised prediction platforms offering sports or entertainment contracts could face enforcement in British Columbia.
The ruling allows Nevada regulators to act against Kalshi’s prediction market operations despite its federal commodities law argument.
Circa Sports’ CEO publicly criticised prediction markets while pursuing redevelopment efforts in Downtown Las Vegas.
The ruling affects how prediction-market operators can offer sports event contracts in the US market.
The ruling keeps prediction-market sports contracts outside swaps treatment, shaping how US operators and suppliers view event-contract competition.
The dispute may affect whether prediction-market operators face federal financial oversight or state gambling rules.
A proposed age threshold and advertising restrictions could shape rules for prediction market operators serving Texas users.
The guidance prevents platforms supervised by CSA and CIRO from offering sports and entertainment prediction contracts in Canada.
The reported investigations extend scrutiny to military-event and corporate earnings contracts, while authorities have yet to decide whether to bring charges.
The expansion gives Polymarket access to data, live streaming and integrity services across a broader range of sports competitions.
The dispute leaves prediction-market operators facing competing federal and state legal positions in New York.
The notice clarifies federal regulators’ opposition to sports prediction markets under Canadian securities or derivatives legislation.
ETF issuers and operators face unresolved regulatory review across products tied to event contracts and futures.
North Carolina's approach allows CFTC-registered prediction market operators to operate without state licences while paying a 6% tax.
DraftKings’ prediction platform now offers bets on Bitcoin and Ethereum price movements over five minutes.
Connecticut seeks to stop Kalshi’s alleged unlicensed sports wagering, while Kalshi asserts exclusive CFTC jurisdiction and appeals an enforcement ruling.
Authorities expect further indictments after seizing gambling machines and cash, leaving the alleged illegal gambling investigation open.