Wisconsin statute bars election bettors from voting
Prediction market operators and customers face legal exposure in Wisconsin, where election betting can bar participation in elections.
Prediction market operators and customers face legal exposure in Wisconsin, where election betting can bar participation in elections.
The stance separates CME's prediction-market expansion from sports event contracts, signalling where exchange operators may draw the line as US litigation continues.
Prediction-market platforms serving Ireland risk enforcement, including High Court blocking orders, if they do not restrict access.
Operators should note Pennsylvania's HB 2711 would establish rules for prediction-market platform operations, participation and permitted markets.
Operators weighing prediction-market entry face a Pennsylvania proposal that would regulate the sector without a tax, unlike tax-focused states.
The case raises questions over the origin of funds and who took the profits on a large prediction-market position.
Prediction-market contracts that mirror betting could draw lottery operators into regulatory scope if lawmakers treat them as gambling.
Crypto.com's OG sued Washington in federal court seeking to prevent state enforcement after the Kalshi injunction.
The consultations may inform coordination between France's gambling regulator and health services supporting people affected by gambling harm.
Investors see Morgan Stanley lower its DraftKings target from $39 to $36 on prediction-market pressure.
Regulators face CME's CEO calling sports event contracts gambling and questioning prediction markets' economic purpose.
Regulators and investors see illegal gambling treated as part of a wider organised-crime case.
The deal gives bet365 additional proprietary content in Alberta's new online casino market and expands Incentive Studios' distribution.
Investors see CME's chief executive separating its sports contracts from some sportsbook-style prediction markets.
DATA.BET's CEO says prediction markets are a new bettable category, targeting 4-5% of betting turnover.
Operators weighing entry into Austria face a first-mover window shaped by cooling-off restrictions on some incumbents.
The memorandum supports cooperation on gambling regulation and prediction markets between Gibraltar and El Salvador.
The authority’s classification identifies gambling-related risks even though the separate regime permits minors to use the machines.
Choctaw Sports lets users predict sporting results without staking real money while the operator seeks eventual online sports betting permission.
DraftKings and FanDuel argue Pennsylvania's consumer protection law does not apply to their platforms in the addiction lawsuit.
The Wisconsin Elections Commission warned political-race bettors of possible felony charges and loss of voting rights.
Two lottery trade associations urged authorities to regulate gaming-style prediction contracts as gambling, requiring licences and regulated gaming requirements.
The warning signals that US state authorities may treat prediction-market election wagers as grounds for voter disqualification, raising compliance risk for platforms.
Regulators should note the Wisconsin warning drew opposition from two major prediction-market platforms.
Operators should note Wisconsin officials say election wagering through prediction markets could cost voting rights.