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Connecticut orders nine prediction platforms to halt sports contracts
State officials say the firms were offering unlicensed sports event contracts and must stop advertising, promoting and making them available to residents.
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Underdog sues five states over prediction markets
The company says state gambling laws are pre-empted by federal commodities rules.
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Novig and Underdog take share in prediction-market combos
Eilers & Krejcik data show multi-leg trades reached half of August volume, with DraftKings arriving late and still generating a burst of activity.
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Aristotle sues Underdog over IG Group deal terms
The Delaware case comes after Underdog bought Aristotle’s exchange and clearinghouse, and while its $1.3 billion sale to IG Group is still awaiting approval.