Feed / Enforcement & compliance
By SectorWire desk ·
The report said that Baltimore filed a lawsuit against Kalshi and Polymarket. The city alleges the platforms evade state gambling rules by presenting sports wagers as prediction-market contracts.
The lawsuit challenges the operators’ sports contracts under state gambling rules.
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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.
Sports trading helped prediction market operators exceed their previous monthly volume record.