The Massachusetts Gaming Commission warned the National Council on Problem Gambling that it is “on notice” over its partnership with prediction market operator Kalshi. The admonition from the MGC came during a mid-September meeting as commissioners discussed the NCPG and the states that have severed ties with the non-profit organization following its partnership with Kalshi. […]
A Michigan judge issued a preliminary injunction against Kalshi, which prevents the predictions market operator from offering sports-related event contracts in the state indefinitely.
DraftKings is pushing its prediction markets in the four key states where it does not offer sports betting: California, Florida, Georgia and Texas.
Kalshi removed markets over whether NFL players would play in week one, following Polymarket's decision to do the same.
New Jersey has asked the U.S. Supreme Court to decide whether federal commodities law prevents states from enforcing their gambling laws against sports event contracts offered by prediction-market operator Kalshi.
