Kalshi Blocks Prediction Markets on California Tribal Lands
Kalshi has implemented its first voluntary tribal geofence following a Ninth Circuit ruling involving three California tribes.
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Massachusetts to Review DraftKings and Others Use of AI in Sports Betting
Massachusetts regulators will review how DraftKings and other licensed sportsbooks use AI and machine learning.
Indiana Rejects NCAA Request to Ban College Player Prop Bets
Indiana regulators rejected the NCAA's push to eliminate pre-game college player prop betting in the state.
CFTC Warns Prediction Market Platforms Over Mention Market Manipulation
The CFTC is warning prediction market platforms to strengthen safeguards around mention markets due to manipulation risks.
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Kalshi Seeks Approval for Risk-Based Margining on Event Contracts
Kalshi wants to introduce risk-based margining for eligible event contracts, while sports markets would remain fully collateralized.
Sen. John Curtis Calls for Probe Into Trump Jr.'s Prediction Market Ties
Sen. John Curtis wants Donald Trump Jr. and Hunter Biden subpoenaed in an investigation into presidential family business dealings.
NFL, NBA, MLB and Other Leagues Call for Lifetime Betting Bans Over Harassment
Major U.S. sports leagues are calling for lifetime betting bans for bettors who threaten or harass game participants.
Missouri Orders Prediction Markets to Stop Offering Sports Contracts
Missouri has ordered six prediction market platforms to stop offering what it considers unlicensed sports betting.
Ninth Circuit Rules Against Kalshi in California Tribes Legal Battle
California tribes scored a partial victory after the Ninth Circuit ruled against Kalshi on key tribal gaming issues.