News categoryLegal News & Updates

The CFTC’s impartial-access interpretation reaches exchanges and brokers, while leaving operators to address existing court orders restricting prediction market access.

Tarek Mansour and Luana Lopes Lara have been summoned to answer criminal charges while the CFTC asks a federal judge to stop Utah’s enforcement campaign.

The district-court order follows a September appellate victory and requires the tribes to provide boundary maps by Nov. 13. It is not a statewide California ban.

Attorney General Tim Griffin also sued sweepstakes casino operator VGW. The Kalshi case expands the fight into Arkansas, though the Eighth Circuit already has a related Iowa appeal.

The court left its Nevada ruling intact after no judge requested an en banc vote. Kalshi can now seek Supreme Court review as its state enforcement fights continue.

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.

Legal experts call the CFTC’s lawsuits against states unprecedented as its Utah case tests federal oversight of sports event contracts.

The lawsuit against multiple Louisiana government officials cites comments regarding Kalshi's prediction market exchange and recent CFTC rules as part of defense.

Kalshi has sued Missouri officials in federal court after several other designated contract markets responded to cessation demands in similar fashion.

Utah Attorney General Derek Brown levied 13 felony counts and one misdemeanor against Kalshi and its co-founders in state court on Wednesday.

The change follows restrictions on Kalshi, Robinhood and Coinbase, while courts continue to weigh whether federal commodities regulation displaces state gambling laws.

Two companies are challenging Ohio’s crackdown, regulators say, while Gov. Mike DeWine promises enforcement after an Oct. 16 deadline. Polymarket’s case adds a constitutional challenge to the industry’s federal regulation argument.

Federal regulators want to stop Utah from applying its gambling laws to prediction markets, six days after the state sued Kalshi and two trading firms. The new case does not overturn Utah’s earlier win.

The exchange is seeking protection before an anticipated state crackdown. The lawsuit creates another possible appellate route in the nationwide dispute over who regulates sports event contracts.

Gaming regulators want records on sports contracts, under-21 users and advertising as they weigh civil penalties. The petition adds another case to New York’s existing enforcement fight.

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.

The state wants a court-ordered block on sports, election and other contracts, plus financial recovery. Its new lawsuit follows an August ruling rejecting Kalshi’s claim that federal regulation shields it from Utah’s gambling ban.

Two exchanges are challenging Missouri’s demand that they stop offering sports contracts or obtain gambling licenses, opening another front in a legal fight already headed toward possible Supreme Court review.

Michigan alleges Kalshi kept marketing sports contracts after a court-ordered ban. The fight echoes Nevada’s compliance battle as the industry pushes toward a possible Supreme Court showdown.