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Public Gaming Industry

Legal Issues


"If I buy a contract on the outcome of the Padres game tonight, that's not an investment," Former Congressman Mick Mulvaney said. "That is gambling." Mulvaney questions CFTC oversight Mulvaney said the industry's messaging has blurred the distinction between investing and wagering, making the issue easier to explain to lawmakers than the legal questions surrounding the Commodity Exchange Act.

Polymarket was blocked in France in 2024, in Belgium in 2025 and subject to a temporary blocking order in Spain alongside rival Kalshi in April of this year. The Italian Customs and Monopolies Agency is the latest European gambling regulator to block the prediction market platform

For decades, Congress and the courts have affirmed that gaming regulation belongs to states and tribal governments. We agree — along with the 41 attorneys general and countless legislators across the country — and support Nevada's Attorney General, Aaron Ford, in calling “sports event contracts” what they are: sports bets. We continue to urge Congress to reaffirm existing law and state and tribal…

July 9, 2026
A federal court’s rejection of Kalshi’s preemption arguments in New York became the leading prediction market story of the week. Several st…
July 3, 2026
The MGCB will also skip the NCPG's annual conference, citing concerns over the organization's growing ties to prediction markets The Michig…
July 2, 2026
Indiana and Maine push the sweepstakes casino ban count to eight as lawsuits and California rules widen pressure on vendors State of Play’…
June 30, 2026
Days after losing a bid to move into federal court, Kalshi suffered another defeat Monday when a Michigan judge temporarily barred the comp…
June 29, 2026
A Wall Street Journal investigation found that Polymarket, the world’s largest prediction market platform, paid social media influencers to…
June 26, 2026
Michigan federal court to Kalshi: Go back to state court. Judge Maloney cancels oral argument and remands the Michigan Attorney General's…
June 25, 2026
Sizekhaya Holdings has begun operating one of the world’s larger national lotteries under an eight-year contract widely reported to be wort…
June 24, 2026
Polymarket is under federal investigation, according to two reports citing sources familiar with the matter, revealing a probe the same wee…
June 24, 2026
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…
June 23, 2026
On June 15, 2026, the Supreme Court of Pennsylvania issued a landmark decision, holding that skill games are considered slot machines and a…
June 19, 2026
Kentucky Attorney General Russell Coleman has filed three lawsuits in Franklin Circuit Court targeting alleged illegal sports betting and o…
June 19, 2026
Federal Judge Paul Maloney struck down Polymarket's request for a preliminary injunction, noting the prediction market operator was unlikel…
June 18, 2026
Days after being sued by a prediction markets coalition, Kentucky‘s attorney general launched three new lawsuits Wednesday targeting what h…
June 16, 2026
HARRISBURG — Skill games are slot machines under Pennsylvania law and must adhere to the commonwealth’s crime and gambling statutes, the st…
June 16, 2026
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…
June 16, 2026
The Nevada Gaming Control Board (NGCB) has asked a state court to hold prediction market operator KalshiEX LLC in contempt, alleging the co…
June 16, 2026
16 June 2026 (PRESS RELEASE) -- Attorney General Dave Sunday issued the following statement in response to the Pennsylvania Supreme Court…
June 11, 2026
Rep. Dina Titus, D-Nev., is intensifying her opposition to sports-event prediction markets, asking the Commodity Futures Trading Commission…
June 11, 2026
The latest filings include requests for preliminary injunctions, a motion to stay proceedings, and a motion to change venue. Prediction ma…
June 11, 2026
The CFTC says a 2010 federal bill gives it the regulatory authority of sports event contracts The agency argues that the Dodd-Frank Act…
June 9, 2026
(PRESS RELEASE) -- Attorney General Raúl Torrez announced that the New Mexico Department of Justice has filed a lawsuit against Kalshi, Inc…
June 1, 2026
The Gambling Commission has praised the High Court’s decision regarding Richard Desmond’s lottery lawsuit as easing “the potential impact o…
June 1, 2026
Nevada gaming regulators continue to post wins in court in their battle against sports betting prediction markets. Judge Jason Woodbury in…
May 29, 2026
In response to the rapid and largely unregulated expansion of prediction markets, the World Lottery Association (WLA) has released the Posi…
May 28, 2026
CFTC reasserts its exclusive jurisdiction over event contracts as commodity derivatives amid “onslaught” of lawsuits The Commodity Futures…
May 27, 2026
While eyebrows were raised when Gibraltar licensed Predictstreet just before the upstart exchange announced a deal as a FIFA World Cup spon…
May 27, 2026
The House Oversight Committee is launching an investigation into widespread insider trading on prediction markets Chairman James Comer d…