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#Sports betting regulation

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CFTC Sues Utah to Protect Kalshi’s Ability to Offer Betting Markets
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CFTC Sues Utah to Protect Kalshi’s Ability to Offer Betting Markets

Key Highlights Federal preemption disputes intensify as three federal appellate courts split decisions on prediction markets, with two favoring state authority and one backing Kalshi. Utah Attorney General Derek Brown targets Kalshi over online gambling allegations following a favorable state ruling currently under appeal. Former CFTC Chair Gary Gensler files a Supreme Court brief arguing ...

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The $71B Mess: How Prediction Markets Became the US Supreme Court’s Problem
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The $71B Mess: How Prediction Markets Became the US Supreme Court’s Problem

Key Highlights: The International Association of Gaming Regulators (IAGR) and North American Gaming Regulators Association (NAGRA) have backed New Jersey’s formal appeal asking the Supreme Court of the United States (SCOTUS) to review whether state gambling laws apply to prediction markets. Conflicting judicial rulings across Illinois, New Jersey, Wisconsin, Ohio, and Tennessee have produced a ...

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