Legal Updates

Minnesota’s Felony Prediction Market Ban Faces Major Court Test

A first-in-the-nation law targeting Kalshi and Polymarket could help determine whether states or the federal government control the future of prediction markets.

North Carolina Authorizes Prediction Markets, Raises Sports Betting Tax

North Carolina became the first state to authorize prediction markets while raising its sports betting tax to 23%, creating a major regulatory divide.

CFTC Escalates Prediction Market Fight With Kentucky Lawsuit

Kentucky became the ninth state challenged by the CFTC as lawmakers and regulators clash over prediction market oversight.