Public Gaming Industry
Legal Issues
Chris Christie Calls on State AGs to Target Prediction Market Gambling
Former New Jersey Gov. Chris Christie is urging state attorneys general to crack down on prediction markets, arguing that platforms such as…
New York accuses Polymarket of running illegal gambling operation in new lawsuit
New York sued Polymarket on Thursday, accusing the prediction market platform of running an illegal gambling operation.
It marks the lates…
Missouri AG issues cease-and-desist letters to leading prediction markets
Six prediction market platforms have been ordered to stop offering sports event contracts to Missourians or face enforcement action from th…
Missouri orders six prediction markets to halt unlicensed sports event contracts
Missouri Attorney General Catherine Hanaway has ordered six prediction market operators to stop offering sports event contracts in the stat…
The CFTC’s Transparent Attempt to Divide Indian Country
Today the CFTC released a Staff Letter that once again exposes their bias and favoritism towards the very industry they purport to regulate…
'It Is Gambling': Texas Senators Skeptical of Prediction Markets' Legality in Texas
Anybody who bet that prediction market platforms like Kalshi would receive a warm welcome from the Texas Senate State Affairs Committee wou…
States’ Uprising Against Prediction Markets
States and the federal government are locked in a legal battle, fighting in courts across the country to determine which of them gets to re…
Tribes closed door meeting with CFTC leads to frustration, not solutions to event contracts
At least a dozen tribal leaders held a recent meeting with Michael Selig, chairman and the sole commissioner on the Commodity Futures Tradi…
US appeals court blocks Kalshi from offering event contracts on Native American lands
Summary Companies
9th Circuit says tribes likely to prove Kalshi violated federal gaming law
Robinhood claimed it would lose substantia…
US appeals court blocks Kalshi from offering event contracts on Native American lands
Thee Ninth Circuit ruled Wednesday that prediction markets such as Kalshi are likely violating California law by allowing users to wager on…
Texas lawmakers consider action against sports prediction markets
(Texas) - A specific form of online betting known as prediction markets has caught the attention of Texas officials, who are now weighing p…
Texas Scrutiny Grows as Prediction Markets Operate Despite State Gambling Ban
Prediction markets are available in Texas even though the state bans most gambling and sports betting under Texas Penal Code 47.
That disc…
Connecticut is continuing its crackdown on illegal prediction market platforms by issuing nine cease-and-desist orders to leading operators.
Nine cease-and-desists and nearly 30 subpoenas issued in relation to illegal prediction market activity in Connecticut
The state of Connec…
Kalshi Faces Utah Enforcement Risk After Court Loss
Kalshi faces renewed legal pressure after the U.S. Court of Appeals for the Tenth Circuit rejected the company’s request for emergency prot…
Iowa federal judge denies Kalshi bid to block state gambling laws
US District Judge Stephen Locher has rejected the call for a preliminary injunction.
US.- District Judge Stephen Locher has denied Kalsh…
Robinhood to Stop Offering Sports Prediction Markets in Michigan
By the end of Wednesday, Robinhood will cease offering sports event contracts on its prediction market platform. This came after a court-ap…
URGENT ACTION REQUESTED: Tribal Amicus Brief in Flaherty v. KalshiEx, LLC
The Indian Gaming Association (IGA), National Congress of American Indians (NCAI), and Washington Indian Gaming Association (WIGA) are…
Michigan AG secures injunction against Kalshi's sports contracts
Michigan Attorney General Dana Nessel has secured a preliminary injunction against Kalshi, barring the prediction market company from offer…
New Jersey asks U.S. Supreme Court to settle prediction market oversight
New Jersey has asked the U.S. Supreme Court to decide whether states or the federal government have authority to regulate prediction market…
Arizona: Ninth Circuit ruling backs state authority over Kalshi sports contracts, but election dispute remains
Arizona Attorney General Kris Mayes is reviewing a federal appeals court ruling that strengthens states’ ability to regulate sports-related…
The SEC Should Not Approve ETFs that are Designed for Gambling
WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement on the filing of Bet…
Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age 21
Kalshi users as young as 18 are now responsible for billions of dollars worth of trading activity on sports that critics say amounts to a l…
Nederlandse Loterij moves to shut down illegal Skyhills platform following Lalabet victory
After success in lawsuit against Lalabet
Rijswijk,September 1, 2026
Nederlandse Loterij has ordered the operators and d…
Gaming attorneys criticize CFTC’s ‘contemptuous’ defiance of court orders
Speaking on the Indian Gaming Association’s ‘The New Normal’ webcast on Wednesday, two gaming attorneys agreed that the Commodity Futures T…
Ninth Circuit Ruling Against Kalshi Sets Stage For Supreme Court Showdown
The U.S. Court of Appeals for the Ninth Circuit Friday ruled against Kalshi, saying that states can ban the prediction market’s sports even…
Canadian securities and investment regulators: 'Event contracts based on sports- or entertainment-related activities or outcomes should not be regulated within securities and derivatives legislation'
Canadian Gaming Association welcomes the guidance which confirms sports wagering belongs within provincial gaming regulation
The Canadian…
Canadian Regulators Shut Door on Sports Prediction Contracts
Key Points
CSA and CIRO will not regulate sports and entertainment event contracts under securities legislation
The decision separates…