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Industry
April 23, 2025
Kalshi Fires Back at Maryland Regulator in New Lawsuit
Tensions between state regulators and emerging prediction markets have further escalated as KalshiEX LLC filed a lawsuit against the Maryland Lottery and Gaming Control Commission (MLGCC) on Monday, challenging a recent cease-and-desist order that threatened to jeopardize its business in the state. This development comes shortly before the CFTC’s April 30 roundtable, an event that […]
Business
April 18, 2025
DraftKings Withdraws Application to Enter Prediction Market Space
In a surprise twist in the shifting prediction markets landscape, DraftKings Inc. has withdrawn its application to become a member of the National Futures Association (NFA), halting, or at least delaying, the company’s planned entry into the rapidly growing sports-based event contract space. This move comes just days before the highly anticipated Commodity Futures Trading […]
Legal
April 17, 2025
CFTC’s Upcoming Roundtable on Prediction Markets Sparks Industry-Wide Debate
The Commodity Futures Trading Commission (CFTC) will soon host its April 30 roundtable, an event that could shape the future of US prediction markets. With sports-based contracts facing rising regulatory scrutiny, the upcoming session is already generating heated debates across the gaming and financial sectors. Meanwhile, leading prediction platforms continue offering their services across several […]
