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
Forty-four state attorneys general challenge CFTC sports prediction markets rule proposal Suswati Basu A coalition of 44 state attorneys general is pressing the Commodity Futures Trading Commission (CFTC) to abandon and rewrite its proposed prediction markets rule, saying the agency is trying to regulate sports betting without legal authority. The group argues the … Continue reading Forty-four state attorneys general challenge CFTC sports prediction markets rule proposal
New York sues Kalshi alleging illegal prediction markets defying state gambling laws Suswati Basu New York is taking its fight against prediction markets to court, with Gov. Kathy Hochul and Attorney General Letitia James announcing Friday (July 31) that the state has sued Kalshi, alleging the federally regulated prediction market operator is running … Continue reading New York sues Kalshi alleging illegal prediction markets defying state gambling laws
Walz orders ethics clampdown targeting state employees using prediction market information Suswati Basu Minnesota Gov. Tim Walz has signed an executive order barring state employees from using confidential or nonpublic government information to participate in prediction markets, saying the measure is designed to strengthen ethics rules and preserve public confidence in state government. … Continue reading Walz orders ethics clampdown targeting state employees using prediction market information
July 10, 2026 Would you eat Pickle Pie? The Minnesota State Fair’s new foods are turning heads BY María José Gutiérrez Chávez State fairs are famous for iconic foods like funnel cakes, corn dogs, and just about anything that can be deep-fried. But when it comes to over-the-top edible offerings, few events have a reputation quite … Continue reading Would you eat Pickle Pie? The Minnesota State Fair’s new foods are turning heads
NCAA details Alabama State betting scheme as four players fined $2K Suswati Basu Four former Alabama State men’s basketball players took part in a plan to influence the outcome of a December 2024 game against Southern Mississippi in exchange for money from outside bettors, according to an NCAA infractions decision released Thursday (June … Continue reading NCAA details Alabama State betting scheme as four players fined $2K
Trump declares prediction markets patriotic while state regulators wonder if they’re gambling Suswati Basu Trump just posted what may be the most aggressively pro-prediction-market presidential rant in modern American history — a sentence that somehow exists now. In a sprawling Truth Social post, President Donald Trump threw his full support behind prediction markets, … Continue reading Trump declares prediction markets patriotic while state regulators wonder if they’re gambling
CFTC defends prediction markets authority against mounting state gambling challenges Suswati Basu The Commodity Futures Trading Commission (CFTC) is pressing a federal appeals court to reaffirm that prediction markets fall under federal supervision instead of state gambling enforcement. In a brief filed Tuesday (May 12) with the U.S. Court of Appeals for the … Continue reading CFTC defends prediction markets authority against mounting state gambling challenges
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
Harrah’s Oklahoma opens as Caesars enters state with new casino Suswati Basu Harrah’s Oklahoma is now open in Chandler, making this Caesars Entertainment’s first managed casino in the state and adding a new gaming destination through its partnership with the Iowa Tribe of Oklahoma. The doors officially opened Thursday (April 9) with a … Continue reading Harrah’s Oklahoma opens as Caesars enters state with new casino
