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.
Novig has already appealed the ruling but the jurisdiction is looking increasingly unfriendly for arguments that federal law preempts New York's gambling statutes.
Proposal by Texas Rep. Salman Bhojani requires traders to be at least 21 years old and bans markets connected to events such as natural disasters and war.
Filing cites circuit court split and new CFTC rules regarding nature of event contracts as Kalshi faces limited window to file petition with the Supreme Court of the United States.
Partisan changes in the composition of state legislatures, new people in positions of authority, and some officials retaining their power could have dramatic impacts on the long-term and short-term prospects for designated contract markets.
The US District Court for the Southern District of New York rejected a request for an emergency injunction on Tuesday that could have halted stock perp trading on designated contract markets.
Three-judge panel writes that Coinbase and Kalshi failed to convince them that their requested injunctive relief against officials in the two states was necessary.
Prosecution of Kalshi executives prompts change in prediction market offerings for Utahans, with disparity of reactions representing distinct legal approaches.
Commodity Futures Trading Commission Chair Michael Selig is holding an industry panel on "around-the-clock" derivatives trading, with participants yet to be announced.
The lawsuit against multiple Louisiana government officials cites comments regarding Kalshi's prediction market exchange and recent CFTC rules as part of defense.
Prediction markets at the Supreme Court, what if series: A speculative look at how a SCOTUS decision in favor of state government officials may affect law enforcement, regulators, prediction market exchange operators, and traders.
Prediction market platforms have stopped allowing people in the state to trade on sports events to comply with demands from gambling regulators who said that activity is illegal.
A speculative look at how a decision not to review Kalshi’s cases could affect prediction-market operators, CFTC policy, state gambling laws and congressional lobbying.
