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Regulation & Legal

Kalshi court ruling on prediction markets: Arkansas sues as Ninth Circuit denies rehearing

Arkansas sued Kalshi and VGW on November 4 over alleged illegal gambling, and the same day the Ninth Circuit refused to rehear Nevada's case against the prediction markets operator.

Maren VanceNov 5, 2026

Regulation & Legal

DraftKings, FanDuel and PrizePicks pull Utah prediction markets after Kalshi charges

DraftKings, FanDuel and PrizePicks have pulled sports and political contracts from Utah after the state charged Kalshi with 13 felonies. Fanatics stops trade placement there on Nov. 4, and Kalshi closed a $1bn round at a $40bn valuation the same week.

Maren VanceNov 2, 2026

Regulation & Legal

CFTC Sends Prediction Market Event Contract Rules to White House for Review

The CFTC has submitted two draft rules on event contracts to the White House for review, one to include event contracts in the swap definition and one to exclude casino-style gambling products. The filings land amid a circuit split and a Justice Department push to treat binary contracts as swaps.

Maren VanceOct 4, 2026