Feed / Enforcement & compliance
By SectorWire desk ·
The report said that Baltimore sued Kalshi and Polymarket under its consumer protection ordinance. The city alleges the prediction-market platforms misled residents.
The lawsuits apply Baltimore’s consumer protection enforcement to prediction-market platforms.
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The cases extend municipal consumer protection challenges to the two prediction-market platforms.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.
Investors assessing election betting growth must consider that Polymarket’s busiest 1% of wallets generated 70% of congressional trading volume.
Ohio’s request puts disputed state and federal authority over sports prediction market operators before the Supreme Court.