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

Kalshi Strikes First in Utah Prediction Market War

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Kalshi took the unusual step of suing Utah first, using public threats from state officials as grounds that enforcement was on the way. Utah is pushing back through public statements, HB243, and a governor determined to keep prediction markets out of the state. The conflict … Read more