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Escalating Legal Challenges for Prediction Markets Prediction markets, where trades are made based on the outcome of events, are facing mounting legal challenges, particularly in
Crypto.com’s Legal Action Against Washington Crypto.com, through its prediction market arm OG, has initiated a federal lawsuit to prevent Washington State from taking enforcement actions
CME CEO Labels Sports Prediction Markets as Gambling CME Group CEO Terry Duffy recently made a clear distinction between the exchange’s sports contracts and sportsbook-style
Match-Fixing Complexity Rises: Prediction Markets Under Scrutiny The battle against match-fixing is becoming increasingly complex with the involvement of organized crime and international betting networks.
Record Revenue Amidst Rising Concerns The U.S. gaming industry is experiencing unprecedented growth, with commercial and tribal gaming revenues hitting new highs. Recent reports from
Prediction Markets Face Irish Restrictions The Gambling Regulatory Authority of Ireland (GRAI) has instructed prediction market firms to deny access to Irish users, or they
Washington Targets Kalshi for Illegal Operations A Washington judge has issued a preliminary injunction against prediction market operator Kalshi. The state is poised for success
World Cup Drives Upsurge on Kalshi As Spain and Argentina prepare for the FIFA World Cup 2026 finale, prediction markets are experiencing an unprecedented rise
Legal Challenges Across States Continue This week, prediction markets experienced significant legal developments in New York, Michigan, and Washington involving Kalshi. Michigan courts extended a
Allegations of Insider Trading in Prediction Markets Kalshi continues to feature contracts related to Trump’s speeches, even as insider trading allegations surface. An aide, previously
Google Tightens Ad Restrictions Expanding their advertising restrictions, Google has now included New York and Michigan in their list of states prohibiting ads related to
Bipartisan Backing for Age Verification A new bipartisan initiative seeks to implement facial recognition in online sportsbooks and prediction markets to enhance age verification and