News
Prediction Markets Risk Trading Block in Nevada After Court Ruling
1+ day, 1+ hour ago (548+ words) The two separate rulings add new regulatory pressure as prediction markets also face scrutiny over information advantages and suspected insider activity tied to event-driven contracts. Two US federal court rulings have increased the risk that Nevada regulators may seek to…...
Nevada Sues Kalshi After Appeals Court Greenlights Action
1+ week, 6+ day ago (589+ words) Kalshi is looking to have Nevada's lawsuit heard in federal court, again asserting it is subject only to federal commodity exchange laws. The US state of Nevada has sued Kalshi after the prediction market company lost its court challenge to…...