Prediction-market lawsuits and state restrictions remain in focus for 2026
A legal analysis expects prediction-market disputes and state-level restrictions to remain key issues in 2026. It says Kalshi, Crypto.com and affiliates including Robinhood face litigation, while Coinbase has sued regulators in Connecticut, Michigan and Illinois over potential enforcement affecting its planned event-contract offering. The analysis also notes Arizona’s notice to Underdog concerning its fantasy sports licence and Underdog’s intention to oppose the action.
Ongoing disputes could affect where prediction-market operators and licensed gaming companies can offer event contracts.