Kentucky Takes Legal Action Against Prediction Market Platforms
The state of Kentucky has initiated lawsuits against Kalshi and Polymarket, alleging they are operating unlicensed sports gambling services.
Editorial Staff Updated 1 day ago
#prediction markets
3 articles tagged with "prediction markets"
Gaming Industry Advocates Call for Ban on Prediction Markets in Sports Betting Legislation
Industry groups are lobbying Congress to pass the CLARITY Act, which would clarify the Commodity Futures Trading Commission's authority over prediction markets in sports betting.
Editorial Staff 2 days ago
CFTC Takes Legal Action Against New Mexico Over Prediction Market Authority
The CFTC has filed a lawsuit against New Mexico, marking the eighth state to face such legal challenges regarding prediction market jurisdiction.
Editorial Staff 5 days ago