Public Gaming Industry
Legal Issues
Kalshi’s Site Sure Looks Like Sports Betting
WASHINGTON, D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement in connection with B…
NPR went looking for Polymarket's Panama headquarters. It's elusive
On the 21st floor of a gleaming skyscraper in the heart of the upscale Punta Pacifica neighborhood here is the official corporate office of…
Oneida Nation supports DOJ enforcement of state gambling laws
For decades, legal gaming in Wisconsin has been carefully structured under federal law, including the Indian Gaming Regulatory Act and thro…
Massachusetts top court appears open to state ban on Kalshi sports betting
Prediction-markets operator Kalshi on Monday faced a skeptical slate of justices on Massachusetts' highest court, which appeared poised to…
Taking Stock Of The Prediction Market Comments — And What’s Next
As many expected, it rained and poured during the final 48-hour window for submission of comments to the Commodity Futures Trading Commissi…
Mississippi demands state control of mobile sports betting prediction markets
Mississippi recently joined a national battle on prediction markets that mirrors its own long-fought state debate on mobile sports betting…
Mass. gambler sues Kalshi seeking repayment for lost bets
The class-action complaint argues the prediction-market company ran unlicensed sports betting, bolstering the attorney general’s separate p…
Oneida Nation Statement on DOJ Action on Prediction Markets
The Oneida Nation has issued a statement regarding the recent action taken by the Wisconsin Department of Justice to enforce state gambling…
Meta is accused of allowing ads linked to illegal gambling on its tech platforms
Meta is accused of allowing ads linked to illegal gambling on its tech platforms
The Facebook parent claims it works to block ads relate…
Attorney General James Joins Bipartisan Coalition Defending States’ Gambling Laws Against Prediction Markets
AG James and 37 Other Attorneys General File Amicus Brief in Support of Massachusetts’ Lawsuit Against Kalshi for Violating State Gambling…
Wisconsin announces lawsuits against prediction markets
Wisconsin’s top law enforcement official has sued a group of fintech and crypto platforms, including Kalshi, Robinhood, Coinbase, Polymarke…
US soldier charged for prediction market bets on Maduro capture
Indictment accuses Army soldier Gannon Ken Van Dyke of using confidential information for personal profit
The US Attorney’s Office has ind…
Malta’s Bill 55 could escape EU court scrutiny, for now
The CJEU’s advocate general declined to rule on the legality of Malta’s controversial gaming law shield Bill 55, but said that if he had to…
Tribes warn CFTC push on sports prediction markets threatens gaming compacts
A proposal by the U.S. derivatives regulator to expand prediction markets tied to sports outcomes is drawing sharp opposition from tribal l…
Attorney General James Sues Coinbase and Gemini for Running Illegal Gambling Platforms in New York
NEW YORK – New York Attorney General Letitia James today sued Coinbase Financial Markets, Inc. (Coinbase) and Gemini, Titan LLC (Gemini) fo…
Montana AG: Online prediction platform Kalshi violates state gambling laws
You might not want to place an online wager on who wins this court case if you live here in the Treasure State, but as of right now, you st…
Hong Kong Warns Prediction Markets May Count as Illegal Gambling
Hong Kong’s Investor and Financial Education Council has put prediction market platforms like Polymarket and Kalshi in the spotlight, sayin…
Malta’s Freedom Of Movement Arguments Are Rejected By The EU Court Justice
Malta’s defense of its gaming legislation and licenses against challenges from EU member states has suffered yet another setback from the E…
UK High Court sides with Gambling Commission in lottery licence dispute
Richard Desmond loses £1.3bn damages battle over national lottery licence
Media tycoon vows to appeal after dismissal of action against Ga…
ECJ says German players can reclaim losses from unlicensed operators
Users of online gambling services within the EU can sue the betting operator for reimbursement of their losses if such gambling was prohibi…
Congress grills CFTC Chair Selig on prediction markets, insider trading
Members of the House of Representatives Committee on Agriculture held a stern and occasionally scathing interrogation of Commodity Futures…
Former CFTC chair talks prediction markets: ‘Betting on sports is gaming’
The former chairman of the Commodity Futures Trading Commission (CFTC) said prediction markets weren't initially intended to offer sports e…
California tribes argue a federal court decision would effectively nullify IGRA
A group of three California tribes contends that should a federal appellate court accept arguments from prediction platforms Kalshi and Rob…
CFTC intervenes in Arizona’s legal fight with Kalshi
CFTC chairman says he will defend against any attempt to weaponize preempted state law against prediction markets
The Commodity Futures Tr…
Michigan Gaming Control Board Issues Cease-and-Desist Orders to 45 Illegal Offshore Gambling Operators
DETROIT, April 7, 2026 — The Michigan Gaming Control Board (MGCB) announced that over the past four months it has issued cease-and-desist o…
Sports bets on prediction markets ruled to be “swaps,” exempt from state laws
A federal appeals court ruled that New Jersey cannot regulate sports bets on prediction markets because the US Commodity Futures Trading Co…
Prediction market roundup: CFTC files suit vs. three states; NFL advises ban on manipulative sports trades
CFTC Chair Michael Selig had a busy week in dealing with a lawsuit against three states and heightened discussions with the NFL.
During a…