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Prediction Market Legal Proceedings Intensify This week, the focus remains on crucial legal battles surrounding prediction markets. Significant hearings are scheduled in Washington state and
Kalshi Faces Legal Setbacks in Multiple States This week, Kalshi encountered hurdles, particularly in Michigan and Nevada. A Michigan court ordered the platform to suspend
Michigan Gaming Regulator Withdraws The Michigan Gaming Control Board (MGCB) has severed ties with the National Council on Problem Gambling (NCPG), citing a clash between
North Carolina’s Prediction Market Tax Plan North Carolina is advancing a new tax on prediction markets within a broader gambling tax proposal. Latest legislative actions
Michigan Blocks Kalshi Sports Markets A Michigan court has issued a temporary halt on Kalshi’s sports market contracts, citing non-compliance with state laws. The decision
Kentucky AG sued Kalshi, Polymarket and VGW for operating unlicensed sports betting platforms.
A Michigan federal judge denied preliminary injunctions for Polymarket and Robinhood on sports contracts.
Novig secured CFTC designation as a Designated Contract Market for its peer-to-peer sports betting model.
Kalshi gained massive visibility through Lionel Messi’s Instagram post showcasing their AFA World Cup sponsorship.
Laila Mintas applied for CFTC approval to launch 365Prediction, a blockchain and AI-based prediction market.
The CFTC sued New Mexico after the state targeted Kalshi, asserting federal authority over prediction market contracts.
Key legal deadlines in prediction market cases in Wisconsin and Tennessee unfold amid World Cup betting activity.