The Commodity Futures Trading Commission (CFTC) is stepping up its legal assault on US states that try to take regulation of prediction markets into their own hands, with New Mexico the latest to be served with legal papers.
New Mexico officials have launched two recent lawsuits against the operator Kalshi, claiming it is offering illegal services.
This move is part of the ongoing legal battle between states and federal authorities regarding the regulation of prediction markets in the US.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
England vs. Argentina kicks off in the World Cup Semifinals at 3 p.m. ET on FOX from Mercedes-Benz Stadium in Atlanta, Georgia.
