Federal Judge Blocks Minnesota Prediction Market Ban Before August 1 Effective Date
A federal judge in Minnesota issued a preliminary injunction July 27 barring enforcement of the state's first-in-the-nation law banning prediction…
Tag: CFTC
New York Seeks at Least $36 Billion From Kalshi as CFTC Fights State Gambling Enforcement
The CFTC issued an emergency order on August 11 requiring Kalshi to keep operating in New York despite a July…
New York’s $36 Billion Kalshi Suit Puts CFTC Preemption Fight Back in Court
The CFTC's August 11 emergency order to Kalshi to keep operating in New York, its second such intervention in a…
New York Seeks to Shut Down Kalshi as $36 Billion Gambling Case Tests Federal Preemption
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating despite a New York state lawsuit…
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…
NYC Council Opens Marketing Probe Into Kalshi, Polymarket, Coinbase and Gemini Titan
The NYC Council launched a deceptive-marketing investigation into Kalshi, Polymarket, Coinbase, and Gemini Titan on August 12, a day after…
Connecticut Kalshi Case Remains Pending as State Regulators Press Sports-Wagering Claims
U.S. District Judge Vernon D. Oliver denied Kalshi a preliminary injunction on August 11, ruling that sports-event contracts are not…
New York Says Kalshi Penalties Could Reach $36 Billion in Sports-Contract Suit
The CFTC on August 11 ordered Kalshi to keep operating under federal rules after New York filed a $36 billion…
Kalshi’s New York Appeal Remains a Preemption Fight After Second Court Denial
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating under federal rules, directly countering New…
Polymarket’s NVDA Markets Put Single-Stock Event Contracts in the Regulatory Spotlight
Polymarket's daily Nvidia direction market opened August 11 with 66% odds on "Up" as NVDA traded near $219, ahead of…