LAS VEGAS – Nevada continues to be one of the most aggressive states in terms of regulating prediction markets, as a preliminary injunction was granted against Polymarket last Friday. First Judicial District Court Judge Jason Woodbury ruled against the prediction market platform, forcing the operator … Read more
PROVIDENCE, R.I. – Lawsuits continue to pile up when it comes to prediction markets, as the Commodity Futures Trading Commission (CFTC) is now suing the state of Rhode Island for filing lawsuits against Kalshi and Polymarket. Last week, Attorney General Peter F. Neronha filed lawsuits … Read more
WASHINGTON – U.S. President Donald Trump has joined the prediction market regulatory battle and is siding with the Commodity Futures Trading Commission. Amid numerous states pushing for localized regulation, Trump says prediction markets should be exclusively federally regulated by the CFTC. pic.twitter.com/W4ZqJxO1KR— Rapid Response 47 … Read more
PROVIDENCE, R.I. – Rhode Island Attorney General Peter Neronha issued a lawsuit against Kalshi and Polymarket late Thursday afternoon. Before they could sue the prediction market operators, Kalshi beat Rhode Island to the punch with a preemptive lawsuit. Kalshi wants protection through an injunction and … Read more
WASHINGTON, D.C. – No members of the U.S. Senate are allowed to use prediction markets after a resolution was passed unanimously on April 30, 2026. The Senate approved the rule change by unanimous voice vote, and it took effect immediately. Bernie Moreno, a Republican Senator … Read more
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
ROME – After three years without a shirt sponsor, Serie A club Lazio agreed to a shirt sponsorship deal with Polymarket worth $22 million. The deal with the prominent US-based prediction market expires at the end of the 2027/28 season and raises questions considering Italy’s … Read more
NEW YORK – For the first time since 2021, the NFL heads into the month of April without an officially partnering sportsbook. FanDuel, DraftKings, and Caesars each had their final league option expire at midnight on March 31st, and none renewed in a surprising turn … Read more
WASHINGTON – What was once a quiet jurisdictional gap has exploded into a full blown Senate battle, as federally regulated online platforms continue to chip away at the sports betting authority states have guarded for years. The Prediction Markets Are Gambling Act was presented on … Read more
WASHINGTON – Polymarket, a crypto-based prediction market platform, is taking over Proper 21 on K Street NW this weekend with a pop-up bar called The Situation Room. During the temporary takeover, which takes place from March 20 to 22, the area will be totally renovated … Read more
MADISON, Wisc. – A clash is taking shape in the Wisconsin State Senate this week, and the outcome could determine where online sports betting in the state goes from here. This week, Republican Sen. Chris Kapenga went after Senate Majority Leader Devin LeMahieu, making it … Read more
The Utah prop betting ban bill, House Bill 243, puts proposition bets under the state’s gambling laws, putting it in direct conflict with federally regulated prediction market platforms. Kalshi took an early offensive, heading to federal court for an injunction before Utah could act, building … Read more