News And Analysis Of Legal US Sports Wagering Industry
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Kalshi has stopped offering sports mention markets as federal regulators reportedly review the issue. The Commodity Futures Trading Commission launched a review of mention markets recently, according... The post Report: Kalshi Paused Sports Mention Markets Amid Federal Review appeared first on Legal Sports Report .
A King County Superior Court judge has ordered Kalshi to stop offering wagers on sports, elections, and several other categories to Washington consumers, finalizing a preliminary injunction the... The post Washington Judge Orders Kalshi To Halt Sports, Election Betting appeared first on Legal Sports Report .
Underdog is being sued by the company it bought its exchange and clearinghouse from following the announced acquisition by London-listed IG Group. The lawsuit, brought by Aristotle International and... The post Underdog Sued By Aristotle Over IG Group’s $1.3 Billion Offer appeared first on Legal Sports Report .
Trump Media is scrapping plans to launch a prediction market on Truth Social, opting instead for a marketing deal that will direct users of President Donald Trump’s social media platform to C... The post Trump Media Shelves Truth Social Prediction Market Plan appeared first on Legal Sports Report .
The Commodity Futures Trading Commission eleased the agenda for its first Innovation Advisory Committee meeting next Thursday, including prediction market regulation. The meeting will look at the... The post CFTC To Discuss Prediction Market Regulation With Innovation Committee appeared first on Legal Sports Report .
Novig announced Thursday that it is the first prediction market operator to codify a full responsible-trading framework directly into its Commodity Futures Trading Commission-regulated exchange... The post Novig Adopts Responsible Trading Rules As Gen Z Shifts Investments Toward Betting appeared first on Legal Sports Report .
Parlays have been extremely important to DraftKings and its success in the sports betting vertical. The company is attempting to imitate the same success on its prediction market platform. DraftKings... The post DraftKings Eyes In-House Combos As Predictions Volume Surges appeared first on Legal Sports Report .
The Commodity Futures Trading Commission has ordered Kalshi to continue operating its exchange in New York despite the state’s lawsuit seeking to halt the company’s event contracts, escalating the fed... The post CFTC Orders Kalshi To Continue Operating In New York appeared first on Legal Sports Report .
FanDuel sees signs U.S. sports betting could grow faster than it expects this football season after finding success with its revamped promotional strategy during a uniquely compelling summer of... The post FanDuel Likes The Over On Sportsbook Growth During NFL appeared first on Legal Sports Report .
The Nevada Council on Problem Gambling is formally cutting ties with the National Council on Problem Gambling over its new relationship with Kalshi, according to the Nevada Current. The NCPG... The post Nevada Council On Problem Gambling Cuts Ties With NCPG Over Kalshi Deal appeared first on Legal Sports Report .
