A newly formed industry coalition emerged, Nevada escalated its fight with Kalshi, and the CFTC continued its campaign against state prediction market restrictions. Prediction market litigation intensified Friday, June 12, as federal regulators, exchange operators, and state officials filed a series of actions across four states. The actions included a CFTC lawsuit against New Mexico, […] The post Wave of Filings Expands Prediction Market Legal Battles Across New York, Kentucky, Nevada, and New Mexico appeared first on Gambling Insider.
Source: Gambling Insider →