Nevada just issued a preliminary injunction against Kalshi — the first court-enforced state ban in the country — while the Third Circuit handed the prediction market its biggest appellate win yet in New Jersey. Here is what the conflicting rulings…
A federal appeals court just handed Kalshi a landmark win over New Jersey, and the fallout could reshape the entire US sports betting industry.
Kalshi is fighting more than 30 lawsuits from states, facing criminal charges in Arizona, and battling bipartisan Senate bills — all while the Trump administration backs it up. Here is what every sports bettor needs to know.
The CFTC is suing three states directly over prediction market jurisdiction — and two major court rulings on Kalshi land today.
Prediction markets like Kalshi face growing pressure from states, Congress, and the NCAA. A new federal bill could shut down sports event contracts entirely.
League warns CFTC that unregulated sports contracts pose "substantial integrity risks" to basketball
Federal judge rules CFTC has exclusive jurisdiction over prediction market operator's sports-related offerings
Prediction market platform argues state cease and desist orders violate federal jurisdiction over futures trading
