It was another busy week in the prediction market space for several key stakeholders. This week, a District Court judge denied Kalshi’s motion for a preliminary injunction in New York to allow the prediction market to keep its sports event contracts online.
It was another busy week in the prediction market space for several key stakeholders. This week, a District Court judge denied Kalshi’s motion for a preliminary injunction in New York to allow the prediction market to keep its sports event contracts online.
In North Carolina, Gov. Josh Stein signed a state budget that imposes regulations on prediction markets. Meanwhile, an operator coalition welcomed former CFTC nominee Quintenz, enhancing its expertise in compliance and regulatory matters.
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.
