Quick Summary: A federal appeals court ruled 2-1 that federal commodity law preempts New Jersey’s attempt to regulate Kalshi’s sports…
Browsing: sports-betting
Quick Summary: A Third Circuit panel ruled New Jersey cannot ban Kalshi, finding its sports-event contracts fall under federal commodity…
Quick Summary: A Philadelphia federal appeals court rules 2-1 that New Jersey has no authority to regulate Kalshi’s prediction markets,…
Quick Summary: A Nevada judge extends a temporary ban on Kalshi’s sports-related prediction markets and signals he will issue a…
Quick Summary: The Justice Department and CFTC sued Illinois, Arizona, and Connecticut to assert federal authority over sports-related prediction market…
Quick Summary: The CFTC has sued Illinois after the state moved to close sports-related prediction market products, escalating a federal-state…
Quick Summary: The NFL has sent letters to prediction market platforms Kalshi and Polymarket objecting to football event contracts it…
Quick Summary: A Polymarket trader made roughly $67,000 in under a minute after UFC announcer Bruce Buffer briefly declared the…
Quick Summary: A Polymarket trader earned a near 100x return by betting on the correct UFC winner within seconds of…
Quick Summary: Coinbase users are pushing back against repeated notifications promoting prediction market bets on college basketball games during March…