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New House bill seeks to end sports prediction markets
(PRESS RELEASE) -- Congressman Steven Horsford (NV-04) and Congressman Mark Amodei (NV-02) introduced the Prediction Markets Are Gambling A…
CME CEO Duffy Says Sports Prediction Markets Are Gambling, Foresees Supreme Court Case
Key Points
Duffy says many “prediction markets on sports are gambling”
He believes the Supreme Court will eventually hear a case on the…
House lawmakers question sports prediction markets as tribes defend gaming authority
House lawmakers questioned Tuesday whether federally regulated sports-event prediction markets are operating outside state and tribal gamin…
Washington judge finds Kalshi’s online gambling violates state law
PORTLAND, Ore. (KOIN) – A King County Superior Court judge found that Kalshi likely violated the Washington Gambling Act and the Consumer P…
Michigan AG hits back after CFTC orders Kalshi to honor Michigan trades
Michigan’s Attorney General has hit back after the Commodity Futures Trading Commission (CFTC) ordered prediction market operator Kalshi to…
No liability exemption for Google in Italian YouTube spat, EU court says
BRUSSELS, July 16 (Reuters) - Alphabet (GOOGL.O), opens new tab unit Google is not immune from liability for videos uploaded to YouTube by…
YouTube may lose EU liability shield over partnered gambling channels
The closer YouTube gets to the business of illegal gambling videos, the less protection it may have from lawsuits, the European Union’s top…
Indian Gaming Association Chairman David Z. Bean to Testify Before U.S. House Agriculture Subcommittee on Sports Event Prediction Markets
Indian Gaming Association Chairman David Z. Bean to Testify Before U.S. House Agriculture Subcommittee on Sports Event Prediction Markets…
Tribal leaders urge Senate to bar sports prediction markets under CLARITY Act
Tribal gaming leaders are urging U.S. senators to amend the CLARITY Act to restrict sports and casino-style prediction markets and clarify…
Tribe and State Interests Align In The Fight Against Prediction Markets, Says UNLV Law Professor Danielle Finn
UNLV Professor Danielle Finn says tribal and state gaming interests are aligning against prediction markets, an unusual alliance since the…
CFTC tells Kalshi to defy Michigan court order and continue offering sports
The Commodity Futures Trading Commission (CFTC) has taken one of its boldest steps yet in its conflict with states over prediction markets…
AGA files motion to join ongoing lawsuit between CFTC & Wisconsin
The American Gaming Association (AGA) is attempting to intertwine itself in a legal dispute between the Commodity Futures Trading Commissio…
'Not an Investment': Prediction Markets Face More Scrutiny
"If I buy a contract on the outcome of the Padres game tonight, that's not an investment," Former Congressman Mick Mulvaney said. "That is…
Doors close for prediction markets in Europe -Polymarket blocked in another European country
The Italian Customs and Monopolies Agency is the latest European gambling regulator to block the prediction market platform.
Italy.- It…
By Bill Miller: 'Prediction markets' siphon $1 billion from state and tribal economies — including Nevada
By Bill Miller
The FIFA World Cup is underway across the United States, drawing millions of fans to stadiums, watch parties and legal spor…
Kalshi’s New York Loss
A federal court’s rejection of Kalshi’s preemption arguments in New York became the leading prediction market story of the week. Several st…
Michigan Gaming Control Board Ends NCPG Membership Over Kalshi Affiliation
The MGCB will also skip the NCPG's annual conference, citing concerns over the organization's growing ties to prediction markets The Michig…
State Bans, Lawsuits Put Sweepstakes Casinos and Vendors on Thin Ice
Indiana and Maine push the sweepstakes casino ban count to eight as lawsuits and California rules widen pressure on vendors
State of Play’…
How Kalshi sports loss in Michigan court fits into big picture
Days after losing a bid to move into federal court, Kalshi suffered another defeat Monday when a Michigan judge temporarily barred the comp…
Polymarket Faces CFTC Probe and Lawsuit After WSJ Exposes Fake-Win Ad Campaign
A Wall Street Journal investigation found that Polymarket, the world’s largest prediction market platform, paid social media influencers to…
Kalshi Loses Bid To Keep Mich. Gambling Suit In Fed. Court
Michigan federal court to Kalshi: Go back to state court. Judge Maloney cancels oral argument and remands the Michigan Attorney General's…
Sizekhaya takes South Africa’s R180 billion lottery licence as court battle looms
Sizekhaya Holdings has begun operating one of the world’s larger national lotteries under an eight-year contract widely reported to be wort…
Regulators Are Investigating Polymarket, Reports Say—As Senators Demand A Federal Probe
Polymarket is under federal investigation, according to two reports citing sources familiar with the matter, revealing a probe the same wee…
Prediction markets push gambling to new level, causing concern
Michigan had a banner year for online sports betting in 2025, when a dozen operators netted $436 million in profits and paid nearly $36 mil…
Pennsylvania Supreme Court outlaws skill games
On June 15, 2026, the Supreme Court of Pennsylvania issued a landmark decision, holding that skill games are considered slot machines and a…
Kentucky Attorney General sues Kalshi, Polymarket, and VGW over alleged illegal gambling
Kentucky Attorney General Russell Coleman has filed three lawsuits in Franklin Circuit Court targeting alleged illegal sports betting and o…
Federal Judge Denies Polymarket Preliminary Injunction Request in Michigan Case
Federal Judge Paul Maloney struck down Polymarket's request for a preliminary injunction, noting the prediction market operator was unlikel…