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23 Sep California tribal gaming group assails Tunica-Biloxi’s SaltTrade launch CNIGA says the Kalshi-backed prediction-market venture cannot alter the legal status of sports-event contracts.
23 Sep Fullstory survey finds prediction markets changing sportsbook use More than a third of respondents said they are using traditional sportsbooks less often as event-contract options expand
22 Sep Kalshi seeks more time to answer New Jersey at Supreme Court A requested 30-day extension would shift the prediction-market operator’s response deadline to Nov. 9 in a dispute over state gambling laws.
20 Sep Tunica-Biloxi launches SaltTrade, a tribal-owned prediction-market app powered by Kalshi The Louisiana tribe says the venture advances economic self-determination, but tribal gaming groups say it lends support to a contested sports-event-contract model.
20 Sep Montana pauses Kalshi enforcement while Ninth Circuit rehearing petition is pending The state will not pursue investigations or cease-and-desist action against the prediction-market operator during a defined review period, but the agreement leaves the legal dispute unresolved.
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.
19 Sep Ninth Circuit says Kalshi sports contracts on tribal lands are likely illegal gaming Appeals panel sent the tribes’ injunction request back for further review, while leaving intact the dismissal of their false-advertising claim.
19 Sep BMLL puts Kalshi order-book history into institutional research systems The data provider will standardise Kalshi’s historical event-contract records to the schema used for CME Event Contracts, allowing quantitative teams to backtest macro signals without bespoke API work.
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.
16 Sep 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.
15 Sep Texas Senate hearing sharpens clash over Kalshi’s sports prediction contracts Lawmakers heard competing calls for state enforcement and federal deference ahead of the next legislative session.
15 Sep Genius Sports says prediction-market demand will survive regulatory change Chief executive Mark Locke says the company can earn from exchanges, market makers and sportsbooks even if today’s model is reshaped.