Fanatics Betting and Gaming has entered into a partnership with media and entertainment company Complex to develop a new content platform tied to its online sports betting and prediction market operations. The agreement includes the creation of Complex Bets, a standalone vertical that will operate separately from Complex’s existing role as a pop culture news […]
The U.S. government has sued Arizona, Connecticut and Illinois in a bid to block their efforts to regulate prediction markets, arguing that such oversight falls exclusively under federal jurisdiction. The lawsuits, filed under President Donald Trump’s administration, mark the first time the Commodity Futures Trading Commission (CFTC) has moved to stop state gaming regulators from […]
A federal appeals court ruled on Monday that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state to use its prediction market to place financial bets on the outcome of sporting events. A three-judge panel of the Philadelphia-based third US circuit court of appeals ruled 2-1 in finding that the US […]
Gibraltar has licensed its first prediction markets operator, marking a shift in European regulation as the territory looks to strengthen its online gaming sector amid rising tax pressures. The licence was granted to Predict Street Ltd as a betting intermediary under the 2005 Gambling Act, even though new gambling legislation has yet to come into […]
Nevada problem gambling organizations have joined a legal fight over prediction platforms, filing briefs in support of state regulators in a dispute over whether the operators fall under state gaming laws or federal oversight. The Nevada Council on Problem Gambling and the Dr. Robert Hunter International Problem Gambling Center submitted amicus briefs in a case […]
The US government sued Illinois on Thursday to stop what it described as the state’s unlawful efforts to regulate prediction markets. The booming industry of online prediction markets – which allow users to bet on virtually anything from Oscar winners to the weather to ongoing military conflicts – has been facing greater scrutiny as companies […]
The Indian Gaming Association officially opened its 2026 Indian Gaming Tradeshow & Convention on Monday with a focus on what organizers described as one of the most pressing issues facing tribal gaming today: the rise of prediction markets. The day featured a series of workshops and panel discussions designed to educate, mobilize, and unify tribal […]
JPMorgan Chase CEO Jamie Dimon said the bank is considering entering the prediction markets space, though any move remains tentative and would exclude certain types of contracts. “It’s possible one day we’ll do something like that,” Dimon said in an interview with CBS Evening News, referring to services like Kalshi and Polymarket, which allow users […]
A Nevada state court has granted a preliminary injunction against Coinbase, barring the company from offering event-based prediction contracts in the state, in a ruling that underscores growing legal tensions over the regulation of such platforms in the United States. The decision, issued by the First Judicial District Court of the State of Nevada on […]
The Indian Gaming Association (IGA) has warned tribal and business leaders of what it described as an urgent threat from illegal prediction markets during the Reservation Economic Summit (RES) 2026 hosted by the National Center for American Indian Enterprise Development. Speaking at the event held at Caesars Palace, IGA Chairman David Z. Bean said the […]