Feed / Enforcement & compliance
By SectorWire desk ·
The report said that Mississippi State disclosed NCAA gambling-rule breaches by two football players who wagered through Kalshi. The school classified them as Level III violations and imposed education, plus a charity payment in one case.
The cases apply NCAA wagering restrictions to bets placed through a prediction-market platform.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
The analysis questions Kalshi’s explanation for concentrated activity in its ether perpetual contracts.
The new contracts allow partial settlement rather than requiring players to reach the full statistical target.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The denial challenges Kalshi’s account of a tribal partnership.