CFTC Tightens Event-Contract Filings as States Press Kalshi and Prediction Markets in Court
The CFTC told federally regulated prediction market platforms on August 7 to stop displaying contracts as American-style moneyline odds, citing…
Articles by Naomi Castellan
CFTC Prediction-Market Proposal Collides With State Gambling Fight After Minnesota Injunction
The CFTC told regulated prediction-market platforms on August 7 to stop displaying contracts with American-style moneyline odds, requiring compliance by…
Kentucky Lawsuits and Minnesota Injunction Put Sports Prediction Markets Back in Court
The CFTC sent a letter August 7 ordering regulated prediction market platforms to stop displaying American-style betting odds, citing deceptive-practices…
New York Seeks Up to $36 Billion From Kalshi as Courts Test State Gambling Authority
New York AG Letitia James filed a state-court petition against Kalshi on July 31, 2026, seeking at least $36 billion…
New York Sues Kalshi Over Sports Markets, Seeking Penalties That Could Reach $36 Billion
New York Attorney General Letitia James filed a $36 billion lawsuit against prediction-market exchange Kalshi on July 31, 2026, alleging…
New York Seeks Penalties That Could Reach $36 Billion in Kalshi Gambling Suit as NFL Presses CFTC on Sports Contracts
New York AG Letitia James filed suit against Kalshi on July 31, seeking up to $36 billion in penalties and…
Minnesota Prediction-Market Ban Blocked as Courts Split on Federal Preemption
A federal judge blocked Minnesota's first-in-the-nation prediction market ban four days before it was set to take effect, while New…
New York Sues Kalshi Over Sports Contracts as State Seeks Shutdown and Penalties
New York AG Letitia James and Governor Kathy Hochul filed suit against Kalshi on July 31, 2026, seeking $36 billion…
New York’s Kalshi Suit Raises Pressure on Polymarket’s Sports Push
Polymarket is running a $20 bonus offer through the New York Post for NFL 2026 markets, advertising in a state…
Federal Judge Pauses Minnesota Prediction-Market Ban as New York Opens Kalshi Suit
A federal judge halted Minnesota's first-in-the-nation prediction market ban days before it took effect, handing Kalshi and Polymarket a preliminary…