Derek Helling is a journalist who has covered the gaming industry for many publications since 2018. His coverage emphasizes the intersections of gambling with the business of entertainment, the evolution of the legal landscape, technology’s shaping of gaming, and the impact of gambling on society. When he isn’t working on his next story, he enjoys traveling with his wife and spoiling their pair of Munchkin cats.
Missouri Attorney General Catherine Hanaway has ordered six prediction market exchanges to stop offering sports event contracts to people in the state.
Kalshi and Montana officials have reached agreement on a motion to dismiss the company’s lawsuit in exchange for non-action promises from gambling regulators.
Hearing follows judge change in Underdog lawsuit against Washington authorities and Arizona officials asking the Ninth Circuit to lift their injunction.
Connecticut regulators sent cease-and-desist orders on sports contracts to nine exchanges, including Polymarket, and subpoenas to service providers, media and app-store firms.
The Monday letter from NY AG James disputes the validity of the CFTC’s denial of Kalshi’s emergency rule change for consideration in the agency’s lawsuit against the state.
The Securities and Exchange Commission shared that it will soon publish new rules for investment contracts containing crypto assets, including exemptions from registration requirements.
A bill in the US Congress requires prediction market users to use facial scans of platform users to verify age, but an expert on the topic questions that utility.
A federal judge denied the CFTC’s request for the court to enjoin Wisconsin officials against enforcing state gambling laws against prediction market exchanges on Wednesday.
The US DOJ and CFTC have secured a court order that temporarily blocks the enforcement of Minnesota’s statute banning prediction market trading just days before it was set to take effect.
A House subcommittee heard testimony from financial industry professionals on the CLARITY Act as time draws short for the United States Senate to take up the legislation.
Water Street Labs, LLC received CFTC designation for its contract market on Thursday as competition continues to proliferate in the prediction market exchange space in the United States.
The Commodity Futures Trading Commission has asked a federal court to intervene against state officials looking to enforce gambling and tax laws against prediction market exchanges.
Fraud expert Dr. Tasha Mac says Kalshi's new market integrity measures point the right way, but confidence depends on transparency about who oversees them and how.
Kentucky Attorney General Russell Coleman sued Kalshi, Polymarket, Coinbase, Robinhood and Webull, seeking to block sports prediction market trading in the state.
Semafor reports commercial and tribal gaming groups and unions urged Congress to add sports event contract restrictions to the crypto market structure bill.
The Nevada Gaming Control Board has asked a state court to hold Kalshi in contempt of a May order that demanded that Kalshi stop allowing prediction market trades in the state.
