Michigan Splits from NCPG in Prediction Markets Dispute
It’s been another week of lawsuits and more suits in the world of prediction markets.
New Mexico
11 Posts
Polymarket sues New Mexico over Kalshi lawsuit
New Mexico is one of more than a dozen states which continue to lock horns with prediction market platforms in court battles, and Polymarket struck the latest blow this week.
New Mexico lawmaker urges talks on tribal gaming compact for online
Lawsuits over Kalshi have prompted a New Mexico lawmaker to call for negotiations on the state's tribal gaming compact, with a proposal to legalize statewide online sports betting and collect taxes from the activity.
Country Singer Bailey Zimmerman Faces Charges for Allegedly Trashing
Bailey Zimmerman, an American country singer, is facing felony and misdemeanor charges in New Mexico after allegedly causing more than $16,000 in damage by destroying his hotel room in the Sandia Resort & Casino in Albuquerque.
CFTC Sues New Mexico in US Prediction Market Legal Battle
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.
CFTC Sues New Mexico in Ongoing Prediction Markets Legal Battle
The Commodity Futures Trading Commission (CFTC) sued the state of New Mexico on Friday, adding another layer to the complex legal situation surrounding prediction markets.
New Mexico Targets Kalshi for Alleged Illegal Gambling
New Mexico has become the latest state to go after prediction markets, targeting Kalshi in a new lawsuit that alleges the platform hewed too closely to what sportsbooks offer.
New Mexico Sues Kalshi Over Sports Contracts
New Mexico Attorney General Raúl Torrez filed a state court lawsuit against Kalshi for allegedly offering illegal sports event contracts, resembling online sports betting.
Weekly Recap: Polymarket vs. Kalshi Lawsuits and More
Let’s do a quick recap of the week that was. Polymarket sued Minnesota a day before New Mexico sued Kalshi, Illinois unveiled plans for a prediction markets per-wager tax, and the Department of Justice is investigating George Santos.
Kalshi Faces New Lawsuits in New Mexico and Kentucky
Kalshi’s legal team continues to have a heavy workload as the prediction market’s proceedings expand with new lawsuits in New Mexico and Kentucky.
Sandia Resort and Casino Celebrates 25-Year Anniversary
New Mexico's Sandia Resort and Casino marked 25 years since its casino opened at its current site with a celebration on Wednesday evening, launching a 150-day series of events and promotions.