Connecticut takes Kalshi to court over sports bets
Connecticut has filed a civil suit against Kalshi, accusing the prediction market operator of running unlicensed sports wagering.
Prediction market news and analysis across both regulated and grey markets, focusing on the licences, partnerships and product launches that show where event betting sits within the wider gambling sector. We follow the growth of new platforms, the response from regulators and the shifts traditional sportsbooks make as prediction markets edge into the iGaming mainstream.
Connecticut has filed a civil suit against Kalshi, accusing the prediction market operator of running unlicensed sports wagering.
DraftKings is flooding California with ads for its Predictions platform ahead of the NFL season, a marketing surge that...
DraftKings, Fanatics, and FanDuel executives urged the CFTC to set consistent consumer protections as prediction markets expand.
A quarter of Morgan Stanley's summer interns used betting or prediction market apps in the past year, a survey...
Denmark has ordered ISPs to block Polymarket and 97 other unlicensed gambling sites after a court ruling.
South Korea has ordered nationwide ISP blocks on Polymarket after ruling its prediction markets constitute illegal gambling.
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