Ninth Circuit Says Kalshi Is Unlikely To Block Nevada Sports-Betting Enforcement
A unanimous Ninth Circuit panel ruled August 28 that Kalshi's sports event contracts are sports bets subject to state licensing,…
Tag: DraftKings
CFTC Sues Kentucky After State Targets Kalshi and Polymarket Sports Event Contracts
The CFTC told regulated prediction market exchanges and brokers to stop displaying event contracts in American-style moneyline odds, citing research…
State Challenges Put CFTC Authority Over Sports Prediction Markets Under Pressure
The CFTC sent letters to all regulated prediction market operators ordering them to stop displaying event contracts in American-style moneyline…