A Nevada judge granted the Nevada Gaming Control Board a preliminary injunction preventing Polymarket from operating in the state, reportedly. The ruling follows a similar April injunction against Kalshi; regulators argue event contracts amount to gambling under Nevada law and require a licence.
The injunction adds to restrictions on prediction-market operators offering event contracts to Nevada residents.
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A Washington state judge has granted a preliminary injunction against Kalshi. The court found the state likely to succeed on claims that the operator's event contracts breach state gambling laws, and rejected Kalshi's argument that federal law pre-empts state enforcement.
The headline reports that Michigan ordered 33 offshore gambling sites to stop operating in the state. The article text was unavailable, so further details and the responsible authority could not be established.
A federal judge in Illinois issued a preliminary injunction barring state officials from enforcing gambling laws against CFTC-regulated prediction markets, reportedly. The injunction covers licensing requirements, taxes and enforcement; the report also says DraftKings, FanDuel and Fanatics are among operators retreating from Utah.
A federal judge in Illinois has reportedly entered a preliminary injunction that bars state officials from enforcing gambling laws against CFTC-regulated prediction markets. The injunction reportedly covers licensing requirements and taxes. It was also reported to extend to licensing, taxation and enforcement.
It was reported that a Minnesota judge blocked enforcement of new state prediction-market legislation. A gaming lawyer cautioned that the ruling may still permit action against sports event contracts.
A federal judge blocked Minnesota's proposed ban on prediction markets. Judge Katherine Menendez ruled that the CFTC holds sole authority over event contracts and that the block would cause irreparable harm to Kalshi and Polymarket.