CFTC Issues Event-Contract Swap Rules After OIRA Review, Raising Stakes in State Gambling Fight
The CFTC submitted two rules to the White House on September 28 that would formally define prediction-market event contracts as…
Category: Regulation
Kalshi’s Tennessee Football Promo Runs While Sixth Circuit Weighs Sports-Contract Appeal
Kalshi is running a geo-targeted $25 referral promotion through Rocky Top Insider timed to Tennessee's football season and the LSU-Ole…
Times Guild Urges New York Times to Drop The Athletic’s Kalshi Sponsorship Talks
The NewsGuild of New York is demanding The New York Times Company abandon advanced sponsorship talks between The Athletic and…
Connecticut Sues Kalshi After Federal Court Rejects Sports-Contract Injunction
Connecticut AG William Tong filed suit against KalshiEX in Hartford Superior Court on August 26, seeking a permanent bar on…
Van Dyke Polymarket Case Puts Event-Contract Status Before SDNY Ahead of December Trial
A federal judge has stayed the CFTC's civil case against Army master sergeant Gannon Van Dyke, who allegedly earned $409,881…
JPMorgan Cut Polymarket Banking Ties Over Regulatory Risk, Then Kept IPO Door Open
JPMorgan Chase ended its banking relationship with Polymarket in October 2025 over regulatory concerns, the Financial Times reported, even as…
Washington Preliminary Injunction Against Kalshi Deepens State and Federal Fight Over Event Contracts
A Washington state court ordered Kalshi to halt most contracts in the state on August 14, while the CFTC simultaneously…
NYC Council Questions Polymarket, Kalshi, Coinbase and Gemini Titan Over Marketing
The New York City Council launched an investigation August 12 into deceptive marketing by four prediction market platforms, citing a…
Connecticut’s Kalshi Case Tests State Sports-Betting Power Over Event Contracts
U.S. District Judge Vernon D. Oliver rejected Kalshi's bid for a preliminary injunction in Connecticut on August 10, ruling the…
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…