Legal
Never goes to trial. Finds the structural weakness before anyone has filed anything.
New York sues Kalshi over sports contracts in direct state challenge
Wisconsin's attorney general Josh Kaul has moved in the same direction, raising the same core theory in a separate action.
CFTC asserts exclusive power over sports betting contracts in court dispute
CFTC sends two prediction market rulemakings to White House
Wynn's Craig Billings stands apart as casino chiefs split on prediction markets
Tribal gaming compacts face federal preemption with no clear path
Casino operators face tighter swap rules under CFTC decision
The spread is where your edge quietly goes to die.
Supreme Court term opens with prediction markets on its docket
By Thursday, the National Council of Legislators from Gaming States had filed an amicus brief behind it.
Kalshi bans three candidates who bet on their own races
CFTC preemption strategy leaves tribal compacts without a federal answer
CFTC preemption suits draw Trump family ties into federal strategy
Massachusetts gaming regulator expands AI investigation to all sportsbooks
CFTC Sets New Manipulation Standard for Market Operators
Everyone waited to see who would survive the regulator.
Polymarket lawsuit exposes gap in consumer protection law
The preemption argument — that CFTC designation as a designated contract market forecloses state gambling regulation under the Supremacy Clause — has dominated the framing.
Polymarket faces major test as New York demands triple remedy
New York argues that Polymarket's markets meet the state's definition of gambling because the outcomes are uncertain and outside a bettor's control.
Polymarket countersues New York to block state gambling rules
DraftKings hedges its prediction market bet both ways
CFTC manipulation test for mention markets sets four-factor standard
Underdog sues five states over sports event contracts
California tribes sue to block Louisiana's prediction market deal
State regulators challenging tribal compacts is familiar ground — that is the ordinary friction of federal Indian gaming law, and the Indian Gaming Regulatory Act provides the architecture f…
Delaware has never seen you. It doesn't need to.
Missouri links sports betting rules to voter approval
Crypto.com enters Missouri cease-and-desist as sixth named platform
Coinbase and Gemini face Connecticut cease-and-desist orders
Robinhood's federal preemption claim broadens Connecticut standoff
Kalshi loses bid to lift Washington state event contracts ban
Texas prediction markets face twin threats from state and federal courts
Kalshi sent Robert DeNault, its head of enforcement and legal counsel.
Half your team has never been in the same room. Pay them anyway.
Denmark and Lithuania lead European shift toward stricter immigration policy
CFTC's New York injunction bid falters as circuit split widens
Federal judge casts doubt on CFTC authority over New York gambling law
Kalshi insider trading controls demonstrate political data sales viability
Dutch gambling regulator licenses Lotto BV ahead of monopoly court ruling
CLARITY Act passage would strip states of prediction market authority
The CFTC's preemption argument, currently before the courts, derives from existing Commodity Exchange Act authority.
CFTC moves to block Connecticut enforcement as Robinhood joins fight
The Commission's position, as reflected in its filings, is that this premise is wrong as a matter of federal preemption under the Supremacy Clause.
Connecticut subpoenas 15 media firms in prediction market crackdown
CFTC Opens Three Polymarket Investigations After Media Reports
States build enforcement barriers around sports betting contracts
Locher's express preemption reading puts Kalshi on weaker ground
Kalshi's own marketing language surfaces in Iowa court ruling
Denying the company's request for a preliminary injunction in Iowa, Locher noted that Kalshi's own marketing materials had, at points, described its products using the word "betting.
IGRA's private right of action gap shapes Cayuga Nation's damages claim
Kalshi calls New York's prediction market lawsuit an overreach
Illinois bill seeks to repeal prediction market transaction tax
NFL's manipulation case rests on a legal threshold it has not yet met
Fanatics enforces betting age rules on prediction market contracts
Sports Betting Regulator Challenges Prediction Markets Over Official Contracts
New Jersey asks Supreme Court to resolve prediction market split
New Jersey's attorney general is making a different kind of naming argument — one with considerably higher stakes for every platform that has ever claimed federal preemption as a shield agai…