Kalshi Faces $36 Billion Lawsuit from New York AG James
Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
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Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states of Ohio and Tennessee.
A lucky ticket in Ohio has been sold at a local Speedway, with the ticket worth $20, carrying a winning prize of $1,000,000.
After weeks of contemplation, the Ohio Casino Control Commission (OCCC) has officially announced its intention to ban the use of credit cards for sports betting in the state.
The Ohio Casino Control Commission (OCCC) is moving forward with a rule that would prohibit sports bettors in the state from funding wagers with credit cards, according to a spokesperson for the agency who confirmed the development on Thursday.
It’s been another week of lawsuits and more suits in the world of prediction markets.
A group of Ohio lawmakers has introduced a bill that would ban online sports betting and impose sweeping restrictions on legal wagering in the state.
A legal dispute between Circle K and a former manager over a $12.8 million winning lottery ticket has become even more complicated after a second convenience store employee came forward claiming a share of the jackpot.
After announcing plans to initiate a legislative effort to ban online betting in Ohio, several lawmakers have introduced a measure that aims to make sweeping changes.
Ohio lawmakers are attempting to snuff out the state’s online sports betting sector with a new bill. While critics say it would hurt the economy, proponents argue that this is a necessary measure to safeguard the local sports sector.
Kalshi vs. Ohio has been one of the busier prediction market court battles, and the company stepped up the conflict with a fresh lawsuit on Monday.
Lottery prizes are supposed to bring families together, but for a mom and son from Trumbull County, Ohio, that stroke of luck has actually torn theirs apart.