CFTC moves into Rhode Island fight over prediction market authority Suswati Basu Federal regulators are stepping into an escalating court battle over prediction markets, backing Kalshi’s challenge to Rhode Island’s attempt to block sports-related event contracts. On Thursday (May 28), the Commodity Futures Trading Commission and the United States asked to intervene in … Continue reading CFTC moves into Rhode Island fight over prediction market authority
May 27, 2026 The hiring market has an honesty problem BY Houman Akhavan As 7.4 million Americans sit unemployed, the path to employment has completely changed. Amid fake listings, AI filtering of candidates and widening talent pools, job seekers believe that they’re competing against a hiring ecosystem that penalizes honesty and rewards perception. The result? A … Continue reading The hiring market has an honesty problem
Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns Suswati Basu A fresh industry report says unregulated online gambling has become one of the world’s largest hidden digital economies, with global wagering volume reaching an estimated $ 5.9 trillion during 2025. Gaming Compliance International’s latest study, Online Gaming 2025: Global, found the … Continue reading Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns
Alberta approves 28 operators ahead of regulated online gambling market launch Paul McNally Alberta is moving closer to the launch of its regulated online gambling market after provincial regulators approved 28 operators to enter the province ahead of the July 13 opening date. An updated list released by the Alberta Gaming, Liquor & … Continue reading Alberta approves 28 operators ahead of regulated online gambling market launch
New York lawsuits target prediction market giants Coinbase and Gemini in major showdown Suswati Basu New York Attorney General Letitia James has opened what may become one of the biggest state fights yet over prediction markets, suing Coinbase and Gemini and accusing both companies of running illegal online gambling operations. The paired cases … Continue reading New York lawsuits target prediction market giants Coinbase and Gemini in major showdown
Wisconsin sues prediction market platforms over alleged illegal sports betting operations Paul McNally Wisconsin has filed a civil complaint in Dane County Circuit Court accusing Kalshi, Robinhood, and Coinbase, along with affiliated subsidiaries, of operating what it describes as illegal sports betting through prediction markets and event contracts under state law. The … Continue reading Wisconsin sues prediction market platforms over alleged illegal sports betting operations
Gov. Hochul bans insider prediction market trades for New York State workers Suswati Basu New York Gov. Kathy Hochul has signed an executive order blocking state workers from using confidential government information to make money on prediction markets, calling the practice a threat to public trust. The order was signed on Wednesday (April … Continue reading Gov. Hochul bans insider prediction market trades for New York State workers
DraftKings Alberta entry signals Canada gambling market legal shift ahead Suswati Basu DraftKings is lining up for Alberta, and the timing says as much as the announcement itself. The company disclosed on Thursday (April 16) that it plans to bring its sportsbook and casino products to the province, subject to licensing. Alberta is … Continue reading DraftKings Alberta entry signals Canada gambling market legal shift ahead
Tennessee advances felony bill targeting prediction market manipulation amid legal fights Suswati Basu Tennessee lawmakers are pushing ahead with legislation that would make it a felony to try to sway the outcome of events tied to prediction market conduct when money is on the line. The state Senate signed off on Senate Bill … Continue reading Tennessee advances felony bill targeting prediction market manipulation amid legal fights
Minnesota lawmakers push felony ban on prediction market betting platforms Suswati Basu Minnesota lawmakers from both parties are moving ahead with a bill that would outlaw most forms of betting on prediction markets, adding steep criminal penalties for companies and individuals tied to the fast-growing space. Originally filed on March 17, Senate Bill … Continue reading Minnesota lawmakers push felony ban on prediction market betting platforms
