Judge Rules Kalshi is Subject to Ohio Sports Betting Laws
A federal judge has ruled that Kalshi must abide by Ohio’s sports betting laws. She rejected Kalshi’s argument that they are offering “swaps.” The ruling means the operator will need to acquire a sportsbook license for its prediction platform.
Minnesota Senate Reviewing Bill to Legalize Sports Betting
The Minnesota Senate is reviewing a bill to legalize online sports betting while protecting bettors. It would allow for 11 mobile sportsbooks, with tax revenue from the industry being used to support the state’s charitable gaming and horse racing industries.
India Crush Black Caps in T20 Final as NZ Betting Run Ends Badly
New Zealand’s T20 World Cup campaign ended with a heavy final defeat to India, in a result that also gave sports bettors plenty to unpack around pre-match expectations, inflated totals and the Black Caps’ future tournament pricing.
Michigan and Kalshi File Lawsuits Over Sports Predictions
The Michigan AG has filed a lawsuit against Kalshi, alleging it is illegally offering gambling through sports prediction markets. It asks the court to grant it the power to ban Kalshi from offering sports markets in the state.
Vermont Considers Bill to Add Wager Fee and Ban Predictions
Vermont is considering a bill that would ban several categories of prediction markets, including those for sports, deaths, wars, and more. It is also proposing to add a $0.50 per-wager tax for the state’s three mobile sportsbooks.
FanDuel and DraftKings Approved for Arkansas Mobile Market
FanDuel and DraftKings have approval to launch their mobile platforms in Arkansas. The two operators had been avoiding the market over its tribal revenue-sharing requirements. They will be joining tribal-owned BetSaracen, the state's only other online platform.
New Zealand Anthem Gaffe Goes Viral Before England v Black Caps T20 Clash
A technical glitch played the New Zealand anthem at double speed in Colombo, moments before England’s late chase win shook semi-final maths.
Kalshi Taking Utah to Court After Comments From Lawmakers
Kalshi filed a preemptive lawsuit against Utah after top lawmakers expressed opposition to the prediction market industry. The operator feared a cease-and-desist letter would soon be coming, forcing it to shut down the platform in Utah.
Wisconsin Assembly Finally Signs Off on Mobile Betting
The Wisconsin Assembly passed AB 601, which proposes to create a tribal-run online sports betting market. It ends years of debate and stalling from lawmakers, who abandoned hopes for a commercial market. The bill will now head to the Senate.
Kalshi Wins Big in Tennessee, but New Threats Emerge
Kalshi has scored a major legal win in Tennessee, keeping its prediction platform live in the state. However, talks of a ban on predictions in Connecticut and a trademark fight with the NCAA are making the win harder to celebrate.