Appeals judge clears New York to pursue Kalshi
An appeals judge cleared New York to pursue Kalshi amid prediction-market litigation across several states.
An appeals judge cleared New York to pursue Kalshi amid prediction-market litigation across several states.
The objections contest whether the CFTC may oversee sports prediction contracts at all.
Licence
The filing preserves future flexibility without committing Rush Street to a prediction market launch.
The case shows college sports staff can breach wagering rules through prediction-market contracts that the NCAA treats as sports bets.
Rush Street holds licensing while stating no plans to enter sports prediction markets.
RSI says prediction markets have not affected its sportsbook, while its application prepares for possible developments without imminent sports contracts.
The tie-up gives prediction markets a route into MLB fan engagement as US operators watch the sector's challenge to sportsbook handle.
The dispute tests how prediction-market platforms respond to media scrutiny while Kalshi operates under a Nevada court injunction.
RSI's CFTC application keeps a designated contract market option open without an immediate sports-contract launch.
The rulings leave prediction-market operators facing state gambling enforcement in two US jurisdictions while federal pre-emption arguments remain unresolved.
Licence
Kansas and Wyoming approvals let Oddin.gg supply esports products to licensed operators in both states.
The case tests whether sports prediction markets count as regulated gambling, exposing operators to legal risk over event-contract products.
Slotegrator's Shtun cited $50bn World Cup trading and Gibraltar's new framework in assessing prediction markets.
The NFL called for bans on prediction-market formats it argues could make match manipulation easier.
Growth in event-contract trading gives Robinhood a larger foothold in prediction markets that compete with licensed sportsbooks and exchanges.
The outcome will shape which sports event contracts prediction markets may offer and at what minimum age, affecting operators and suppliers in that segment.
The Senate rejected M5S gambling advertising proposals, and a PD amendment on higher gambling taxation was ruled inadmissible.
The case concerns allegations about the operators’ practices and their claimed contribution to gambling addiction.
The order bars state employees from using confidential work information in prediction markets, with violations potentially leading to dismissal.
Prediction market operators remain exposed to Wisconsin gambling enforcement after federal pre-emption arguments failed.
Wisconsin's enforcement against sports prediction-market platforms remains unhalted after the injunction refusal.
The partnership gives DraftKings and Delta an inflight sports-engagement product without wagering functionality.
Casino industry seeks federal limits on sports prediction-market contracts it says may conflict with state law.
The ruling leaves Kalshi exposed to New York enforcement while its challenge to the state's order on sports derivative contracts proceeds.
The associations' objections challenge the proposed division of regulatory authority over event contracts.