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Illinois judge blocks key sports-wagering rules for Kalshi title-game contracts
The preliminary order finds certain championship-outcome contracts likely qualify as federally regulated swaps, but leaves Illinois’s new transaction fees for later review.
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New York judge weighs whether federal law shields prediction markets from state gambling rules
Judge Lorna G. Schofield heard competing claims that event contracts are federally regulated derivatives or unlawful sports wagers under state law.
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Tema launches first prediction-market ETF
The actively managed fund buys public stocks and private stakes in Kalshi and Polymarket, while steering clear of event contracts and charging 0.75% a year.
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NYC Council zeroes in on prediction market ads aimed at young users
Letters to Polymarket, Kalshi, Coinbase and Gemini Titan ask how the platforms market event contracts, how much they pay influencers and whether their promotions mislead New Yorkers.