Michigan dealt a setback to Polymarket and Robinhood, Kentucky escalated its fight against prediction markets, and a wave of new launches and partnerships underscored continued industry growth. This week brought…
The lawsuits accuse Kalshi and Polymarket of operating unlicensed sportsbooks and target VGW’s sweepstakes casino brands, including Chumba Casino and LuckyLand Slots. Kentucky Attorney General Russell Coleman filed three lawsuits…
The rulings concluded that sports-event contracts are likely not swaps and found no clear evidence that Congress intended to preempt state gambling laws. A federal judge in Michigan denied preliminary…
The lawsuit seeks damages for wagers allegedly accepted on Cayuga reservation land and relies in part on the recent Ho-Chunk v. Kalshi ruling. New York’s Cayuga Nation has sued Caesars…
A judge denied Evolution’s attempt to add Playtech to the lawsuit stemming from the Black Cube report that wiped billions from the supplier’s market value. A New Jersey court has…
The ruling overturns lower court decisions that determined the machines fall outside the definition of gambling devices. It gives lawmakers 120 days to determine their future. The Pennsylvania Supreme Court…
Mintas has publicly advocated for prediction markets for months. Now, her startup is seeking federal approval to launch its own exchange. 365Prediction, a prediction market startup founded by gaming industry…
The investment bank says the U.S. market remains too small to materially affect global World Cup wagering forecasts despite expanded legal sports betting access. Additional analysis from Macquarie suggests that…
A newly formed industry coalition emerged, Nevada escalated its fight with Kalshi, and the CFTC continued its campaign against state prediction market restrictions. Prediction market litigation intensified Friday, June 12,…
World Cup trading volume continues to climb, the U.S. Open gets underway, and courts face new prediction market briefing deadlines in Wisconsin and Tennessee. Prediction markets remain at the center…