The NFL moved to support New Jersey’s petition asking the U.S. Supreme Court to review a ruling that shields sports-related prediction market contracts from state gambling laws.
The Seminole Tribe of Florida sued DraftKings this month, accusing the company of operating an illegal sportsbook in a state where the tribe controls sports betting. The Seminoles have the exclusive right to offer sports betting in Florida per a 2021 gaming compact which statewide mobile wagering via the Hard Rock Bet platform. In return, […]
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.