News categoryLegal News & Updates
Legal News & Updates stories
81–87 of 87, newest first
- Wisconsin Sues Kalshi, Polymarket, Crypto.com Over Sports Contracts in ‘Race to the Courthouse’
Wisconsin sued Kalshi, Polymarket and Crypto.com, and named Robinhood and Coinbase, arguing sports event contracts are indistinguishable from ordinary sports bets.
- New York AG Targets Lawsuits Against Coinbase and Gemini Prediction Markets
New York Attorney General Letitia James sued Coinbase and Gemini, alleging their prediction market products are illegal gambling and seeking large penalties.
- CFTC Win Pauses Arizona Case Against Kalshi, Sets Stage for Ninth Circuit Appeal
A federal judge said he would grant the CFTC a temporary restraining order halting Arizona's criminal case against Kalshi, setting up a likely Ninth Circuit appeal.
- Kalshi Ban Extended in Nevada, Setting Up Federal Showdown
A Nevada judge has renewed a temporary ban on prediction market trading in the state, as Kalshi will have appeal options to consider soon.
- CFTC Sues Illinois, Arizona and Connecticut to Defend Exclusive Authority Over Prediction Markets
In its first suits against states, the CFTC and Justice Department argue event contracts are federally regulated swaps and that the agency preempts state gambling laws.
- Texas Elevates Prediction Markets to 2027 Priority as Courts Shape the Rules
Texas Lt. Gov. Dan Patrick is pushing prediction markets onto the 2027 agenda as legal battles leave the regulatory framework unsettled. Federal preemption rulings may determine what comes next.
- Washington Becomes the Latest State to Take Legal Action Against Kalshi
Washington Attorney General Nick Brown sued in state court to declare Kalshi's prediction markets illegal, block residents' access and recover alleged losses.