CFTC’s unprecedented lawsuits set up Supreme Court showdown over prediction markets Suswati Basu “It’s not a slam dunk at all.” A blunt assessment from former Commodity Futures Trading Commission Special Counsel Peter Sanchez Guarda cuts through the noise around an intensifying legal fight that could redraw the line between finance and gambling in … Continue reading CFTC’s unprecedented lawsuits set up Supreme Court showdown over prediction markets
Tag Archives: Court
Kalshi pushes appeals court to halt Ohio crackdown on trading markets
Kalshi pushes appeals court to halt Ohio crackdown on trading markets Suswati Basu Kalshi is moving quickly to stop Ohio regulators from cracking down on its platform, asking a federal appeals court to step in before the situation escalates further. In a March 24 emergency filing seen by ReadWrite, the company told the … Continue reading Kalshi pushes appeals court to halt Ohio crackdown on trading markets
Nevada pushes appeals court to reject Polymarket bid pause request
Nevada pushes appeals court to reject Polymarket bid pause request Suswati Basu Nevada regulators are urging a federal appeals court to keep a fast-moving gambling case on track, arguing Polymarket has no solid basis to press pause while it challenges where the case should be heard. In a new filing to the US … Continue reading Nevada pushes appeals court to reject Polymarket bid pause request
Thomas Goldstein convicted in sweeping federal tax case: high-stakes poker and the fall of a Supreme Court lawyer
Thomas Goldstein convicted in sweeping federal tax case: high-stakes poker and the fall of a Supreme Court lawyer Suswati Basu When a federal jury in Maryland found Thomas Goldstein guilty this week, it brought a stunning chapter in American legal culture to an abrupt end. A man who once moved comfortably inside the … Continue reading Thomas Goldstein convicted in sweeping federal tax case: high-stakes poker and the fall of a Supreme Court lawyer
Oxford Casino takes Maine to court over allowing tribes to operate iGaming
Oxford Casino takes Maine to court over allowing tribes to operate iGaming Sophie Atkinson Suswati Basu The Oxford Casino, based in Maine, has filed a federal lawsuit which challenges “efforts to grant a monopoly on online casino-style gambling (“iGaming”) to four specially selected Indian Tribes.” This comes after Governor Mills, … Continue reading Oxford Casino takes Maine to court over allowing tribes to operate iGaming
Patagonia takes drag queen Pattie Gonia to court in trademark infringement lawsuit
January 22, 2026 Patagonia takes drag queen Pattie Gonia to court in trademark infringement lawsuit span>span]:whitespace-nowrap”>Patagonia, the outdoor apparel company, is suing Pattie Gonia, the drag queen and environmentalist, for trademark infringement—a move the company says is necessary to “protect the brand [it has] spent the last 50 years building.” In a lawsuit filed in … Continue reading Patagonia takes drag queen Pattie Gonia to court in trademark infringement lawsuit
UK High Court sides with Stability AI over Getty in copyright case
UK High Court sides with Stability AI over Getty in copyright case A judge ruled in Stability’s favor despite finding some evidence of copyright infringement. Matt Tate Tue, November 4, 2025 Stability AI Stability AI has partially succeeded in defending itself against accusations of copyright infringement. As reported by The Guardian, Stability AI prevailed … Continue reading UK High Court sides with Stability AI over Getty in copyright case
Nevada court grants Aristocrat discovery access in Light & Wonder lawsuit
Nevada court grants Aristocrat discovery access in Light & Wonder lawsuit Suswati Basu A federal court in Nevada has changed course and granted Aristocrat Technologies’ renewed request to access the mathematical models used in certain Light & Wonder “Hold & Spin” slot games released since 2021. This discovery order is part of an ongoing lawsuit … Continue reading Nevada court grants Aristocrat discovery access in Light & Wonder lawsuit
Apple, Google, and Meta face court cases for gambling app benefits
Apple, Google, and Meta face court cases for gambling app benefits Jacob Woodward Three of the world’s largest global names, Apple, Google, and Meta, are embroiled in court action for allegedly profiting from gambling-style apps on their respective digital platforms. As reported by Reuters, the trident is pushing for the action against them to be … Continue reading Apple, Google, and Meta face court cases for gambling app benefits
Minnesota court dismisses lawsuit against tribal gaming executives
Minnesota court dismisses lawsuit against tribal gaming executives Rachael Davies The Minnesota Federal Court has dismissed a lawsuit against tribal gaming executives following allegations of illegal gambling. Running Aces, a company that operates a casino, a racetrack, and a restaurant in Minnesota, alleged that five tribal casinos are offering illegal gambling options, or offered them … Continue reading Minnesota court dismisses lawsuit against tribal gaming executives