Washington judge says Kalshi very likely violated state gambling law
The ruling signals that event-contracts operators may face state gambling enforcement even as federal oversight of prediction markets remains contested.
The ruling signals that event-contracts operators may face state gambling enforcement even as federal oversight of prediction markets remains contested.
Operators should note a tribal chairman warned prediction-market expansion could cost casinos up to 25% of gross revenue.
Clearer rules would let lottery operators and regulators assess whether prediction markets compete with or undermine their games.
The ruling adds a state-level prohibition for prediction-market operators already facing regulatory scrutiny across several US jurisdictions.
Polymarket faces an access restriction in Ireland.
The NCAA’s proposals could shape safeguards, participation ages and approvals for college sports prediction markets.
The rejected proposal would have changed tax rates and earmarked betting revenue for specified causes.
A federal framework would shift oversight of sports event contracts away from state licensing and tax regimes that operators and suppliers rely on.
FIRST.bet and ADI Predictstreet agreed a Latin American expansion for regulated prediction market products.
Lobbying spending shows prediction-market exchanges and casino interests are competing to shape federal rules that could determine whether sports event contracts face state gambling regulation.
Appointment
The appointment adds legal and regulatory experience to the UAE commercial gaming regulator’s leadership.
Flutter shares fell nearly 4% as Bank of America warned prediction markets could divert sportsbook volume.
Traders risk felony charges if they vote in the same election, raising legal exposure for prediction-market platforms.
A licensed prediction betting prospect would widen Spanish operators' product set and require regulatory clarity on supervision.
Operators should note trade groups told Congress prediction markets threaten regulated gaming and attributed over $1.2bn in lost tax receipts.
The commission’s interpretation could expose election-market users who vote in the same contest to legal consequences.
The requested changes could determine whether prediction-market sports contracts remain available outside state and tribal gambling systems.
The proposal could affect licensing and oversight requirements for prediction-market operators.
The requests concern whether federal measures would limit prediction-market wagering that Bean says affects tribal and state gaming authority.
The proposed staking and settlement conditions would shape how users create and operate markets on Hyperliquid.
Regulators should note El Salvador's CNAD signed an information-sharing memorandum with Gibraltar's financial services commission, with gaming and prediction markets discussed.
Source: Gibraltar Government press (GRA)
Operators should note a tribal gaming leader warned casinos could lose up to 25% of gaming revenue if prediction markets keep expanding unchecked.
The findings indicate that a share of healthcare students treat betting and prediction-market winnings as funding for tuition.
The order tests whether prediction markets count as unlicensed gambling in France, affecting operators and suppliers considering similar products.
Prediction market rules could set compliance obligations for operators offering event contracts in the US.