Feed / Enforcement & compliance
By SectorWire desk ·
The report said that Baltimore filed lawsuits against Kalshi and Polymarket. The city alleges consumer protection breaches and unauthorised sports betting.
The cases extend municipal consumer protection challenges to the two prediction-market platforms.
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The lawsuits apply Baltimore’s consumer protection enforcement to 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.