CFTC Suing Wisconsin Over Prediction Market Lawsuit

CFTC Suing Wisconsin Over Prediction Market Lawsuit

MADISON, Wisc. – The Commodity Futures Trading Commission (CFTC) is suing Wisconsin in response to the state’s lawsuit against prediction market companies. Wisconsin’s lawsuit alleges that Kalshi and other prediction market apps “facilitate illegal sports betting”, but the federal government claims that the CFTC has … Read more

Wisconsin Suing Prediction Markets For Illegal Betting

Wisconsin Suing Prediction Markets For Illegal Betting

MADISON, Wisc. – Wisconsin is the latest state to add to a pile of lawsuits on Kalshi’s desk. Attorney General Joshua Kaul’s lawsuit against the prediction company also includes Robinhood and Coinbase, claiming that these prediction market apps facilitate illegal sports betting through trading sports … Read more

Ontario Lawmakers Propose Sports Betting Advertising Ban

Ontario Introduces Bill to Ban Online Sports Betting Ads

TORONTO – Ontario lawmakers aim to crack down on gambling advertising illegal with the Stop Harmful Gambling Advertising Act. The bill would make it illegal for sports betting and iGaming operators to advertise or promote their services on television, social media, and paid sponsorships with … Read more