US lawmakers from gaming states urge SCOTUS to take up Kalshi case
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NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight
The NFL urged the Supreme Court to resolve a circuit split over whether states can regulate sports contracts on prediction markets, arguing they're gambling, not federally regulated swaps.
Crypto, Banks Take Clarity Act Lobbying Fight to Senators' Home States
Crypto advocates and community bankers are targeting lawmakers in their home states as the Senate prepares for a September 15 procedural vote.
NFL backs New Jersey authorities in SCOTUS petition over Kalshi
According to the league, Kalshi and other prediction markets “threaten game integrity” because many event contracts are “highly susceptible to manipulation.”
Kalshi loses appeal, setting up potential Supreme Court case
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.
Arkansas Sues Kalshi, Joining a Growing List of States Targeting Prediction Markets
Attorney General Tim Griffin said betting on "whether the Razorbacks win or lose" is gambling, and wants restitution, penalties and taxes.
Kalshi’s 15-min gold markets overtake Ether just weeks after launch
Gold recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million, though Bitcoin remained far ahead.