Massachusetts High Court Questions Kalshi's Sports Event Contracts
Judges on Massachusetts’ highest court questioned whether Kalshi’s sports event contract resembles gambling and falls within the state’s gambling statutes.
Ohio Bill to Regulate Prediction Markets
Ohio lawmakers are considering regulating prediction markets to allow them to obtain sports betting licenses.
Coalition for Prediction Markets Addresses CFTC on Swaps Definition
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.
Brazil Issues Public Warning on Prediction Markets' Illegal Status
Brazil’s PT government has launched a new campaign which has warned the public that “betting will never be an investment or income”.
Rush Street Interactive Stock Reaches Record High After Strong Q1
Rush Street Interactive's stock reached an all-time high following the company's best quarter ever.
Kalshi Hearings, Q1 Earnings, Bills Hearings in Focus This Week
Kalshi heads into two pivotal court hearings this week as lawmakers revisit gambling bills and major operators report Q1 earnings.