Public Gaming Industry
Legal Issues
Prediction markets push gambling to new level, causing concern
Michigan had a banner year for online sports betting in 2025, when a dozen operators netted $436 million in profits and paid nearly $36 mil…
Pennsylvania Supreme Court outlaws skill games
On June 15, 2026, the Supreme Court of Pennsylvania issued a landmark decision, holding that skill games are considered slot machines and a…
Kentucky Attorney General sues Kalshi, Polymarket, and VGW over alleged illegal gambling
Kentucky Attorney General Russell Coleman has filed three lawsuits in Franklin Circuit Court targeting alleged illegal sports betting and o…
Federal Judge Denies Polymarket Preliminary Injunction Request in Michigan Case
Federal Judge Paul Maloney struck down Polymarket's request for a preliminary injunction, noting the prediction market operator was unlikel…
How Kentucky gambling lawsuits tie prediction markets with sweepstakes
Days after being sued by a prediction markets coalition, Kentucky‘s attorney general launched three new lawsuits Wednesday targeting what h…
Skill Games Are Slot Machines, Must Adhere to Pa.’s Gambling Law, State Supreme Court Rules
HARRISBURG — Skill games are slot machines under Pennsylvania law and must adhere to the commonwealth’s crime and gambling statutes, the st…
Ohio’s Battle Against Kalshi Has Rallied 39 Other States to the Cause
Ohio’s Battle Against Kalshi Has Rallied 39 Other States to the Cause
All but a handful of state governments have rallied behind Ohio in i…
Nevada Gaming Board seeks contempt finding against Kalshi over event contracts
The Nevada Gaming Control Board (NGCB) has asked a state court to hold prediction market operator KalshiEX LLC in contempt, alleging the co…
AG responds to Pennsylvania Supreme Court ruling on skill games
16 June 2026
(PRESS RELEASE) -- Attorney General Dave Sunday issued the following statement in response to the Pennsylvania Supreme Court…
Nevada Rep. Titus Seeks Federal Probe of CFTC’s Handling of Sports Prediction Markets
Rep. Dina Titus, D-Nev., is intensifying her opposition to sports-event prediction markets, asking the Commodity Futures Trading Commission…
Prediction Market Lawsuits Advance in Wisconsin, Rhode Island, Illinois, and New Mexico
The latest filings include requests for preliminary injunctions, a motion to stay proceedings, and a motion to change venue.
Prediction ma…
CFTC’s 267-Page Defense of Sports Event Contracts Relies on Dodd-Frank Interpretation
The CFTC says a 2010 federal bill gives it the regulatory authority of sports event contracts
The agency argues that the Dodd-Frank Act…
New Mexico AG files lawsuit against Kalshi
(PRESS RELEASE) -- Attorney General Raúl Torrez announced that the New Mexico Department of Justice has filed a lawsuit against Kalshi, Inc…
Richard Desmond’s lottery firm ordered to pay Commission and Allwyn legal costs
The Gambling Commission has praised the High Court’s decision regarding Richard Desmond’s lottery lawsuit as easing “the potential impact o…
Nevada regulators celebrate state court victory over Polymarket
Nevada gaming regulators continue to post wins in court in their battle against sports betting prediction markets.
Judge Jason Woodbury in…
WLA releases Position Paper on Prediction Markets
In response to the rapid and largely unregulated expansion of prediction markets, the World Lottery Association (WLA) has released the Posi…
CFTC sues to prevent Rhode Island from applying state gambling laws against prediction markets
CFTC reasserts its exclusive jurisdiction over event contracts as commodity derivatives amid “onslaught” of lawsuits
The Commodity Futures…
Prediction Markets Present Major Opportunity for Gibraltar, Minister of Justice Nigel Feetham Says
While eyebrows were raised when Gibraltar licensed Predictstreet just before the upstart exchange announced a deal as a FIFA World Cup spon…
Are Prediction Markets Rife With Insider Trading? House Oversight Investigates
The House Oversight Committee is launching an investigation into widespread insider trading on prediction markets
Chairman James Comer d…
Tennessee Attorney General fights back against Kalshi ruling
AG Skrmetti fights to protect Tennessee’s authority to regulate sports wagering
Tennessee Attorney General Jonathan Skrmetti has filed an…
EU Court Decision Weakens Malta’s Casino Asset Shield Across Europe
Judges in Austria have received the green light from the European Court of Justice to factor Malta’s well-known protective measures into de…
Rhode Island AG sues Kalshi, Polymarket after preemptive suit
Rhode Island is the latest state to take legal action against prediction markets that offer sports event contracts that resemble state-sanc…
EU court ruling clears path for cross-border freezing of operator accounts
The European Court of Justice (ECJ) said courts can consider Malta’s controversial legal shield of its gambling industry when deciding whet…
Agency that checks prediction markets is in over its head, gambling industry leaders tell Congress
What to know
Bill Miller criticized the CFTC for misinterpreting congressional intent on prediction markets.
The CFTC was authorized to…
Anti-prediction market group kicks off DC ad blitz as industry ramps up messaging
A new group describing itself as a “market integrity watchdog” rolled out a six-figure ad blitz in Washington, D.C., on Wednesday morning…
Kalshi, Polymarket lose bids to halt Nevada and Washington gambling cases
Quick Take
The Ninth Circuit said federal derivatives oversight does not shield prediction market firms from state gaming enforcement…
‘You can bet on it’: Utah lawmakers form united front in push to ban prediction markets
Utah’s heavily Mormon population is largely opposed to all gambling, even on financial exchange platforms
Utah is home to some of the str…