Kalshi State Fight Turns on Nevada, New Jersey Appeals Split and CFTC New York Order
A Ninth Circuit ruling on Aug. 28 directly conflicts with a Third Circuit decision from April, leaving Kalshi legally accessible…
Tag: prediction markets regulation
Judge Stays CFTC Case Against Army Sergeant Charged Over Polymarket Maduro Bets
A federal judge paused the CFTC's civil case against Army Master Sergeant Gannon Ken Van Dyke pending criminal proceedings, as…
New York Suit and Nevada Geofence Deal Put Kalshi’s Sports Markets Back Under State Pressure
A federal judge in Connecticut ruled August 18 that the CFTC's emergency order directing Kalshi to keep operating cannot override…
New York’s $36 Billion Kalshi Case Tests State Gambling Law Against CFTC Oversight
The CFTC on August 11 used Section 8a(9) emergency authority, invoked only seven times in agency history and not since…
State Lawsuits Put Sports Prediction Markets on Collision Course With CFTC Rulemaking
The CFTC told federally regulated prediction markets on August 7 to stop displaying sports contracts as plus-minus moneyline odds, calling…
CFTC Prediction-Market Proposal Collides With State Gambling Fight After Minnesota Injunction
The CFTC told regulated prediction-market platforms on August 7 to stop displaying contracts with American-style moneyline odds, requiring compliance by…