Underdog

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30 Oct Washington invokes Ninth Circuit ruling to seek dismissal of Underdog suit The state says Kalshi’s Nevada loss defeats Underdog’s claim that federal commodities law bars enforcement of Washington gambling rules.
23 Oct Underdog turns to Zerohash for round-the-clock crypto funding Eligible prediction-market users are set to deposit supported stablecoins and digital assets in the app later this year.
22 Oct IG applies for UK gambling licence to broaden prediction markets The broker plans a professional-client financial launch in the fourth quarter of 2026, with politics, entertainment and sports contracts contingent on regulatory approval.
20 Oct Ohio prepares lawsuits against prediction markets that ignore sports-contract orders Governor Mike DeWine says cease-and-desist notices will be followed by court action as one operator complies and two litigate.
15 Oct Underdog challenges Tennessee order to halt sports event contracts The company’s seventh state lawsuit since September tests its federal pre-emption argument after a Sixth Circuit defeat for Kalshi.
13 Oct IG chief challenges prediction-market volume claims as court fight nears Breon Corcoran says revenue, rather than notional turnover, is the relevant measure while IG prepares for a possible adverse Supreme Court ruling.
7 Oct PrizePicks suspends Team Picks in Missouri The sports event-contract product remains live in 34 states, while Missouri users retain access to Culture Picks and outstanding contracts.
6 Oct ProphetX, Gemini and Webull leave Connecticut after prediction-market orders Six other platforms remain in contact with regulators as the state presses its case that sports-event contracts are unlicensed wagering.
6 Oct Ohio orders 10 prediction markets to halt sports contracts Cease-and-desist letters cite the Sixth Circuit's ruling that federal commodities law does not displace Ohio's sports-gaming rules
5 Oct Kalshi opens talks with Missouri after sports-contract cease-and-desist order The company is the first of six targeted prediction markets to respond, as a state-versus-federal regulatory fight continues.
19 Sep Missouri orders six prediction markets to halt sports event contracts Attorney General Catherine Hanaway says the platforms are operating unlicensed sports wagering and must secure state licences or stop serving Missourians.
16 Sep Underdog sues Connecticut over sports prediction-market orders The company says federal commodities law pre-empts state gambling enforcement, while Connecticut says sports betting requires a state licence.