Tag Archives: Contracts

Arizona sports contracts lawsuit against Kalshi paused while Ninth Circuit appeals continue

Arizona sports contracts lawsuit against Kalshi paused while Ninth Circuit appeals continue Suswati Basu     A legal fight over prediction markets and state gambling authority is now on hold in Arizona while federal appeals judges weigh several related cases. Kalshi, the Commodity Futures Trading Commission, the Justice Department, and Arizona regulators jointly asked a … Continue reading Arizona sports contracts lawsuit against Kalshi paused while Ninth Circuit appeals continue

New Mexico tribes challenge Kalshi sports contracts over alleged illegal gambling

New Mexico tribes challenge Kalshi sports contracts over alleged illegal gambling Suswati Basu     Four New Mexico tribes are taking prediction market company Kalshi to federal court, arguing that its sports contracts amount to illegal online sports betting conducted on tribal lands without approval from tribal regulators. The Mescalero Apache Tribe, Pueblo of Isleta, … Continue reading New Mexico tribes challenge Kalshi sports contracts over alleged illegal gambling

Kalshi sues Iowa officials claiming federal authority over prediction market contracts

Kalshi sues Iowa officials claiming federal authority over prediction market contracts Suswati Basu     A federally regulated prediction market is taking Iowa officials to court, arguing the state is threatening to crack down on trading activity that federal law already oversees. Kalshi, a New York–based derivatives exchange, filed a complaint in the U.S. District … Continue reading Kalshi sues Iowa officials claiming federal authority over prediction market contracts

Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts

Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts Brian-Damien Morgan     Suswati Basu       Robinhood has launched a new custom sports betting offering called “Custom Combos,” which allows multiple selections to be added to a single fixed-odds contract. The terminology of the custom contract is a noticeable move away from … Continue reading Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts

This often-hidden aspect of employment contracts costs U.S. employees $300 billion a year

June 03, 2024 This often-hidden aspect of employment contracts costs U.S. employees $300 billion a year Many people are only vaguely aware these clauses exist, or assume that they are only used in highly lucrative, competitive, or secretive industries. BY Kathleen Davis When you accepted your job, you may have not read the fine print of … Continue reading This often-hidden aspect of employment contracts costs U.S. employees $300 billion a year

This new ‘decarceration index’ ranks companies that avoid prison contracts and hire formerly incarcerated workers

May 08, 2024 This new ‘decarceration index’ ranks companies that avoid prison contracts and hire formerly incarcerated workers FreeCap Financial worked with investment index company BITA to create FreeIn, which ranks companies committed to fair hiring practices, among other efforts. BY Ellie Stevens For the past decade, large institutions and even cities have been eliminating their … Continue reading This new ‘decarceration index’ ranks companies that avoid prison contracts and hire formerly incarcerated workers

Instead of binding contracts, focus on this workplace touchstone for connected team

By Aytekin Tank   May 16, 2022 In the world of business, everyone loves a contract. What’s not to love? They make you feel warm and fuzzy. A contract implies commitment, negotiation, and agreements to mitigate risk—all good things. After signing a contract, both sides feel confident that they can start from a place of … Continue reading Instead of binding contracts, focus on this workplace touchstone for connected team

Kick the Year Off Right by Identifying, Assessing and Mitigating Risk in Your Contracts

David Parks January 8, 2021 In one of my earlier blogs, I discussed how you should make the case for modern contract management. Hopefully, those arguments were so compelling that you now have the budget and staff you need to take over the world. If that seems slightly out of reach, I hope you at … Continue reading Kick the Year Off Right by Identifying, Assessing and Mitigating Risk in Your Contracts