Novig sues Wisconsin officials over sports event contract enforcement Suswati Basu Novig has taken Wisconsin officials to federal court, aiming to prevent the state from using its gambling laws against sports event contracts available through the company’s federally supervised exchange. Ludlow Exchange LLC, operating as Novig, lodged the case Friday (August 14) in … Continue reading Novig sues Wisconsin officials over sports event contract enforcement
Connecticut judge rejects Kalshi injunction against state sports betting enforcement challenge Suswati Basu A federal judge has handed Connecticut regulators an early victory in their fight with prediction market operator Kalshi, refusing to stop the state from enforcing its gambling laws while the lawsuit moves forward. Kalshi has appealed the Connecticut federal district … Continue reading Connecticut judge rejects Kalshi injunction against state sports betting enforcement challenge
Federal judge lets Wisconsin continue sports prediction market enforcement fight forward Suswati Basu News Editor A federal judge has refused to block Wisconsin from enforcing its gambling laws against companies offering sports-related event contracts, handing the state an early victory against the US Commodity Futures Trading Commission (CFTC) in a closely watched legal battle … Continue reading Federal judge lets Wisconsin continue sports prediction market enforcement fight forward
Illinois fights federal injunction bid over prediction markets gambling enforcement dispute Suswati Basu Illinois is asking a federal judge to reject requests that would temporarily block the state from enforcing its gambling laws against sports and election prediction markets, arguing the products are ordinary wagers instead of federally regulated financial instruments. In a … Continue reading Illinois fights federal injunction bid over prediction markets gambling enforcement dispute
Roosevelt enforcement operation leads to two arrests as illegal gambling machines seized Suswati Basu Two men are facing charges after Nassau County police said officers found illegal electronic gambling machines during a quality-of-life enforcement operation in Roosevelt. The inspections took place Monday (July 6) when members of the Nassau County Police Department’s Strategic … Continue reading Roosevelt enforcement operation leads to two arrests as illegal gambling machines seized
Federal agencies join Kalshi lawsuit challenging Rhode Island prediction market enforcement authority Suswati Basu The federal government has stepped into Kalshi’s legal fight with Rhode Island, arguing the state cannot use its gambling laws to restrict federally regulated prediction market contracts. The move widens the dispute over who controls event-based financial products tied … Continue reading Federal agencies join Kalshi lawsuit challenging Rhode Island prediction market enforcement authority
Pennsylvania Supreme Court ruling reshapes skill games regulation enforcement and future Suswati Basu Pennsylvania’s highest court has handed down what could prove to be the most significant gambling decision in the Commonwealth since casino gaming was legalized. In a June 15, 2026, opinion, the Pennsylvania Supreme Court ruled that so-called skill-game machines are … Continue reading Pennsylvania Supreme Court ruling reshapes skill games regulation enforcement and future
CFTC retreats from Gemini Bitcoin futures enforcement case amid controversy Suswati Basu The Commodity Futures Trading Commission (CFTC) and Gemini Trust Company are now jointly asking a federal court to unwind key parts of a 2025 consent order tied to a yearslong enforcement fight over Bitcoin futures products. A filing submitted Wednesday (May … Continue reading CFTC retreats from Gemini Bitcoin futures enforcement case amid controversy
Democratic senators question CFTC staffing cuts in Chicago enforcement office Suswati Basu Five Democratic senators are demanding clarity from the nation’s top derivatives regulator after learning that its Chicago enforcement team may have been dramatically reduced. In a letter issued Thursday (February 26) to Commodity Futures Trading Commission Chairman Michael Selig, Sens. Richard … Continue reading Democratic senators question CFTC staffing cuts in Chicago enforcement office
Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions Suswati Basu Connecticut Governor Ned Lamont is pushing to tighten oversight of prediction markets, rolling out a bill that would block anyone under 21 from using the platforms or seeing ads aimed at them. The proposal lands as state regulators are already … Continue reading Lamont bill targets prediction markets after Connecticut sports wagering enforcement actions
