Kalshi’s Sports Contract Cases Turn on Three Textual Hurdles: A Field Guide to Legal Fault Lines

2026-5-1 23:14

A May 4 deadline looms for Kalshi to geofence Nevada after Carson City District Court Judge Jason Woodbury granted a preliminary injunction to the Nevada Gaming Control Board on April 28. The state-court ruling, which followed Woodbury’s earlier characterization of sports event contracts as “indistinguishable” from placing a sports bet, adds to a litigation map […] The post Kalshi’s Sports Contract Cases Turn on Three Textual Hurdles: A Field Guide to Legal Fault Lines appeared first on DeFi Rate. origin »

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$ 0 (+0.00%)
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Источник: defirate.com

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Ninth Circuit Debates Gaming vs Swaps Divide in Nevada vs. Kalshi Hearing

The US District Court for the Ninth Circuit didn’t let either side off easy in Thursday’s hearing for oral arguments in Nevada’s cases against Kalshi, Robinhood, and Crypto.com. Judges pressed on whether Congress ever clearly authorized federal regulators to displace state sports betting laws, while also probing whether CFTC rules already prohibit the very contracts […] The post Ninth Circuit Debates Gaming vs Swaps Divide in Nevada vs. Kalshi Hearing appeared first on DeFi Rate.

2026-4-17 08:42


Trump Media Enters Prediction Market Space With Launch of Truth Predict

President Donald Trump’s media company, Trump Media, has announced that it is heading into the prediction markets space, competing with the likes of Kalshi and Polymarket. The new feature, called Truth Predict, will let Truth Social users make wagers on things like elections, interest rate changes, sports outcomes and more – with prices updating in […] The post Trump Media Enters Prediction Market Space With Launch of Truth Predict appeared first on DeFi Rate.

2025-10-28 19:12


CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets

CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to launch financial contracts tied to sports outcomes and economic indicators by year-end, putting it in direct competition with fast-growing platforms Kalshi […] The post CME Group’s Next Play: Turning Sports and Economic Events Into Tradable Markets appeared first on DeFi Rate.

2025-10-18 20:43


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Kalshi Wins Key Preemption Ruling in New Jersey, Sets Up Supreme Court Path

The US Third Circuit Court of Appeals has delivered a substantial win to online prediction market exchange Kalshi in its dispute with the state of New Jersey. The decision from a three-member panel of judges with the Third Circuit states that the New Jersey Division of Gaming Enforcement (NJDGE) cannot enforce its cease-and-desist order against […] The post Kalshi Wins Key Preemption Ruling in New Jersey, Sets Up Supreme Court Path appeared first on DeFi Rate.