Sixth Circuit Lets Ohio and Tennessee Enforce Gambling Laws Against Kalshi Sports Contracts
The Sixth Circuit ruled Kalshi's sports event contracts aren't CFTC-exclusive swaps, letting Ohio and Tennessee enforce gambling law, deepening a…
Tag: Kalshi
New York Sues Polymarket US Over Unlicensed Gambling Claims, Seeking Triple Gains and $100,000 Per Offer
New York AG Letitia James sued Polymarket US on September 24, alleging unlicensed gambling; Polymarket removed the case to federal…
Sixth Circuit Lets Ohio and Tennessee Enforce Gambling Laws Against Kalshi
The Sixth Circuit ruled Kalshi hasn't shown its sports contracts are federally exclusive swaps, siding with Ohio and Tennessee days…
New York Targets Polymarket in State Court as Sixth Circuit Rejects Kalshi’s Sports-Contract Defense
New York Attorney General Letitia James sued Polymarket in Manhattan federal court on September 24, alleging unlicensed gambling, a day…
Polymarket and Kalshi Push NFL Promo Codes as League Bars Prediction-Market Ads During Games
Polymarket is distributing game-specific promo codes through dozens of sports media outlets for the 2026 NFL season, while the league…
Crypto.com and Robinhood Ask Supreme Court to Resolve Sports Event Contract Split
Crypto.com's NADEX and Robinhood Derivatives filed separate Supreme Court petitions seeking federal preemption of state gambling laws over sports event…
Vlad Tenev Says Crypto Event Contracts Are Taking a Larger Share of Robinhood Prediction Markets
Robinhood CEO Vlad Tenev told CNBC that crypto event contracts have taken a "disproportionate share" of trading on his platform…
Robinhood CEO Says Crypto Event Contracts Can Overtake Sports as Q2 Revenue Hits $156 Million
Vlad Tenev told CNBC on September 18 that crypto-linked prediction contracts are already taking a disproportionate share of Robinhood's event-markets…
Kalshi and Polymarket Use Shared NFL Promo Code as Sports Acquisition Moves Into Prediction Markets
Kalshi and Polymarket are running parallel affiliate promotions under the same code, "ROCKY," offering new users $25 and $50 respectively…
NFL Week 2 Markets Price Browns, Dolphins and Titans as Heavy Underdogs After Opening Losses
Kalshi and Polymarket traders punished three losing teams differently after Week 1: Tennessee fell to 25 cents against Philadelphia, Cleveland…