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Illinois Takes Prediction Market Fight to Seventh Circuit After Judge Blocks Its License and Tax

Illinois Takes Prediction Market Fight to Seventh Circuit After Judge Blocks Its License and Tax

Illinois has appealed a federal injunction that bars it from licensing, taxing or prosecuting sports event contracts on CFTC-regulated exchanges such as...
Michael Johnson
Michael Johnson
November 3, 2026
Three Northeast Indiana Counties Vote Tuesday on Whether to Compete for a $500 Million Casino

Three Northeast Indiana Counties Vote Tuesday on Whether to Compete for a $500 Million Casino

Voters in Allen, DeKalb and Steuben counties decide on Tuesday whether their county can compete for northeast Indiana's single new casino license,...
Michael Johnson
Michael Johnson
November 2, 2026
Kalshi Sues Missouri in Federal Court After Attorney General Orders It to Stop Sports Contracts

Kalshi Sues Missouri in Federal Court After Attorney General Orders It to Stop Sports Contracts

Kalshi has sued Missouri in federal court, arguing the state cannot regulate its sports event contracts, six weeks after Attorney General Catherine...
Michael Johnson
Michael Johnson
November 1, 2026
Louisiana, Ohio and Congress Step Up Scrutiny of DraftKings Over VIP Perks and Targeted Marketing

Louisiana, Ohio and Congress Step Up Scrutiny of DraftKings Over VIP Perks and Targeted Marketing

Louisiana has put DraftKings on a four-month temporary permit, Ohio wants a 48-hour marketing pause after bettors set limits, and three members...
Michael Johnson
Michael Johnson
October 31, 2026
37 States Back Utah Against Kalshi in Appeals Court as Company Raises $1 Billion at $40 Billion Valuation

37 States Back Utah Against Kalshi in Appeals Court as Company Raises $1 Billion at $40 Billion Valuation

A bipartisan group of 37 attorneys general has told the Tenth Circuit that federal commodities law does not override Utah's gambling ban,...
Michael Johnson
Michael Johnson
October 30, 2026
Utah Files 14 Criminal Charges Against Kalshi and Its Co-Founders Days After CFTC Sues State

Utah Files 14 Criminal Charges Against Kalshi and Its Co-Founders Days After CFTC Sues State

Utah Attorney General Derek Brown has charged Kalshi and co-founders Tarek Mansour and Luana Lopes Lara with felony gambling promotion, built on...
Michael Johnson
Michael Johnson
October 29, 2026
Federal Government Sues Utah to Stop Its Gambling Case Against Kalshi, Claiming Exclusive CFTC Power

Federal Government Sues Utah to Stop Its Gambling Case Against Kalshi, Claiming Exclusive CFTC Power

The United States and the CFTC have filed a 33-page federal lawsuit asking a judge to stop Utah from enforcing its gambling...
Michael Johnson
Michael Johnson
October 28, 2026
Kalshi Sues Louisiana in Federal Court to Block Gambling Law Enforcement Against Sports Contracts

Kalshi Sues Louisiana in Federal Court to Block Gambling Law Enforcement Against Sports Contracts

Kalshi has sued Louisiana's governor, attorney general and gaming regulators in federal court, asking a judge to block enforcement of the state's...
Michael Johnson
Michael Johnson
October 27, 2026
New York Gaming Commission Asks Court to Force Kalshi to Answer Subpoenas on Under-21 Users and Ads

New York Gaming Commission Asks Court to Force Kalshi to Answer Subpoenas on Under-21 Users and Ads

New York's Gaming Commission has asked a Manhattan court to compel Kalshi to comply with subpoenas on its sports contracts, users under...
Michael Johnson
Michael Johnson
October 26, 2026
CFTC Tells Novig and ProphetX Not to List Micro and Scorigami Sports Contracts

CFTC Tells Novig and ProphetX Not to List Micro and Scorigami Sports Contracts

The Commodity Futures Trading Commission has sent letters telling prediction market exchanges Novig and ProphetX not to list sports contracts they had...
Michael Johnson
Michael Johnson
October 25, 2026
CFTC Writes Its Prediction Market Line Into Law: Event Contracts Are Swaps, Sportsbook Bets Are Not

CFTC Writes Its Prediction Market Line Into Law: Event Contracts Are Swaps, Sportsbook Bets Are Not

An interim final rule now in force says state- and tribe-licensed gambling is outside federal derivatives law, while a companion proposal would...
Michael Johnson
Michael Johnson
October 19, 2026
Oklahoma’s Sweepstakes Casino Ban Starts November 1 as Pennsylvania and Wyoming Line Up Next

Oklahoma’s Sweepstakes Casino Ban Starts November 1 as Pennsylvania and Wyoming Line Up Next

SB 1589 became law after lawmakers overrode Gov. Kevin Stitt's veto in May, and it reaches payment processors and affiliates as well...
Michael Johnson
Michael Johnson
October 16, 2026
VGW Still Running Sweepstakes Casinos in Arizona Nearly Two Years After State Shutdown Order

VGW Still Running Sweepstakes Casinos in Arizona Nearly Two Years After State Shutdown Order

Arizona's Department of Gaming told VGW in 2024 to stop operating Chumba Casino, Global Poker and LuckyLand Slots in the state. Nearly...
Michael Johnson
Michael Johnson
October 24, 2026
New Jersey Makes Problem-Gambling Monitoring Mandatory for Online Casinos and Sportsbooks

New Jersey Makes Problem-Gambling Monitoring Mandatory for Online Casinos and Sportsbooks

Under a regulation effective October 19, every licensed online operator in New Jersey must name a responsible gaming lead, review accounts that...
Michael Johnson
Michael Johnson
October 20, 2026
Utah Sues Kalshi in State Court, Seeking to Shut It Out and Recover Up to $61 Million in Fees

Utah Sues Kalshi in State Court, Seeking to Shut It Out and Recover Up to $61 Million in Fees

After winning in federal court, Utah Attorney General Derek Brown has filed a 63-page state lawsuit that calls Kalshi's prediction market an...
Michael Johnson
Michael Johnson
October 20, 2026
Nebraska Votes Nov. 3 on Online Sports Betting as Osborne Letter Meets $13 Million Operator Campaign

Nebraska Votes Nov. 3 on Online Sports Betting as Osborne Letter Meets $13 Million Operator Campaign

Two ballot measures would let Nebraskans bet on sports by phone through the state's racetrack casinos, with 70% of the tax going...
Michael Johnson
Michael Johnson
October 21, 2026
NBA Pulls Same-Player Under Parlays and Other Prop Markets From Partner Sportsbooks

NBA Pulls Same-Player Under Parlays and Other Prop Markets From Partner Sportsbooks

A league memo sent October 16 removes the bet types tied to the Jontay Porter and Terry Rozier cases from licensed sportsbooks,...
Michael Johnson
Michael Johnson
October 16, 2026

Latest news

Illinois Takes Prediction Market Fight to Seventh Circuit After Judge Blocks Its License and Tax

Illinois Takes Prediction Market Fight to Seventh Circuit After Judge Blocks Its License and Tax

Three Northeast Indiana Counties Vote Tuesday on Whether to Compete for a $500 Million Casino

Three Northeast Indiana Counties Vote Tuesday on Whether to Compete for a $500 Million Casino

Kalshi Sues Missouri in Federal Court After Attorney General Orders It to Stop Sports Contracts

Kalshi Sues Missouri in Federal Court After Attorney General Orders It to Stop Sports Contracts

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