Sixth Circuit Ruling Sharpens Tennessee Fight Over Sports Event Contracts
A Tennessee sports site told readers they were "fully eligible" for a $50 Polymarket US sign-up bonus before Monday Night…
Articles by Naomi Castellan
Kalshi Points to CFTC State Lawsuits in Bid to Dismiss Massachusetts Sports-Contract Case
Kalshi has asked a Massachusetts court to throw out Attorney General Andrea Joy Campbell's amended complaint. It argues that the…
Sixth Circuit Lets Tennessee and Ohio Enforce Gambling Laws Against Kalshi Sports Contracts
A unanimous Sixth Circuit panel on Sept. 25 vacated Kalshi's Tennessee injunction and upheld Ohio's win. It held that sports-event…
Polymarket Asks Federal Court to Block New York Gambling Case Filed the Same Day
Polymarket US has asked a Manhattan federal court for preliminary and permanent injunctions against New York's gambling laws, days after…
Sixth Circuit Lets Ohio and Tennessee Enforce Gambling Laws Against Kalshi Sports Contracts
A unanimous Sixth Circuit panel held on September 25 that Kalshi has not shown its sports contracts are federally regulated…
Sixth Circuit Rejects Kalshi Sports-Contract Preemption Bid in Ohio and Tennessee Appeals
The Sixth Circuit ruled Kalshi's sports event contracts aren't CEA swaps and don't preempt Ohio and Tennessee gambling law, joining…
Kalshi Klear Seeks CFTC Approval for Margin on Select Event Contracts, Excluding Sports
Kalshi's clearinghouse filed a Rule 40.5(a) request on Sept. 22 seeking CFTC approval to let qualified members trade economic, financial…
Kalshi Klear Asks CFTC to Approve Margin for Eligible Institutional Event Contracts
Kalshi's clearinghouse, Kalshi Klear, filed a Rule 40.5(a) request with the CFTC on September 22 to let self-clearing institutional members…
Sixth Circuit Denies Kalshi Injunctions in Ohio and Tennessee, Extending Split Over Sports Event Contracts
The Sixth Circuit ruled unanimously that Ohio and Tennessee can enforce state gambling laws against Kalshi's sports contracts, splitting from…
Polymarket Bank-Failure Contracts Draw FDIC Concern and Warren Criticism
Polymarket's offshore platform lets users bet on JPMorgan, Wells Fargo and other bank failures. FDIC Chairman Travis Hill and Sen.…