Legal

Massachusetts Legal Battle Could Upend U.S. Prediction Markets

The Massachusetts Supreme Judicial Court weighs whether Kalshi’s prediction markets are derivatives or unlicensed sports bets. A ruling could change the industry.

Kentucky Legislature Overrides Gov. Beshear’s Veto on Sports Betting Bill

Kentucky lawmakers overrode Gov. Andy Beshear’s veto of HB 904. Discover how the new law impacts sports betting age limits, fantasy sports taxes, and college prop bets.

Ohio Regulators Seek $5M Fine Against Kalshi Over Unlicensed Sports Betting

Ohio moves to fine prediction market Kalshi $5 million, alleging illegal sports gambling. Learn about the jurisdictional battle between states and the CFTC.

Bipartisan Backlash Hits Columbus as Lawmakers Fight Move to Kill Online Sports Betting

Two Ohio senators are slamming a proposed ban on mobile sports betting and prop bets. See why they’re calling the Save Ohio Sports Act "uninformed" and "ludicrous."

Ohio Lawmakers Propose ‘Save Ohio Sports Act’ to Ban Mobile Betting

Ohio Republicans propose the Save Ohio Sports Act to ban mobile wagering, eliminate prop bets, and cap wagers at $100 following MLB integrity scandals.

Court Denies NCAA’s Request for Restraining Order Against DraftKings

A federal judge ruled DraftKings can continue using NCAA trademarks like March Madness, citing the NCAA's delay in filing suit.

Democrats Challenge Trump Administration Over “Casino” Prediction Markets

Rep. Jamie Raskin and Sen. Jeff Merkley introduce the Stop Corrupt Bets Act to ban prediction markets on elections, war, and sports. Is the industry’s "gold rush" over?

Mississippi Senate Blocks Online Sports Betting for Third Consecutive Year

Mississippi's 2026 push for online sports betting fails as Senate blocks House-approved bills. Learn why legalization is delayed until 2027.

Arizona Files Historic Criminal Charges Against Kalshi Over Prediction Markets

Arizona AG Kris Mayes files 20 criminal counts against Kalshi, alleging illegal wagers on sports and elections. Read the latest on the CFTC’s response.

Massachusetts Sports Betting Bill Advances to Senate Ways and Means

Sen. John Keenan’s S. 302 moves to Senate Ways and Means. The bill proposes a massive tax increase and new guardrails for Massachusetts sports bettors.