Baltimore Sues Kalshi and Polymarket Over Unlicensed Sports Contracts
City alleges prediction market platforms and distribution partners offered illegal sports wagering without Maryland licenses and misled residents on regulatory status
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Kalshi Launches Real-Time Order Book Data on DoubleZero Edge Network
Prediction market platform makes Level 1 and Level 2 feeds available for sports contracts and crypto perpetual futures via dedicated fiber multicast delivery
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New York City Council Investigates Prediction Market Marketing Tactics
Council Speaker Julie Menin launches probe into advertising by Polymarket, Kalshi, Coinbase and Gemini Titan following claims of deceptive promotions
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CFTC Orders Kalshi to Keep Trading After New York Seeks $36 Billion Shutdown
Federal regulator uses emergency authority to direct the prediction market exchange to continue operations under national derivatives rules amid a major state lawsuit
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CFTC Warns Prediction Markets Against American-Style Gambling Odds
Federal regulator tells platforms to drop moneyline formatting amid intensifying state challenges over sports event contracts
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New York Sues Kalshi Seeking $36 Billion Over Alleged Illegal Gambling
Attorney General Letitia James and Governor Kathy Hochul filed suit claiming the prediction market runs an unlicensed gambling operation, seeking a halt to contracts and massive penalties
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Binance.US Plans August CFTC Bid to Enter Prediction Markets
Binance.US intends to seek a designated contract market license from the CFTC next month, aiming to offer regulated event contracts, futures and options as part of its U.S. expansion
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Federal Judge Blocks Minnesota Prediction Market Ban Ahead of August Deadline
A U.S. district judge granted a preliminary injunction preventing enforcement of the state law against CFTC-registered platforms, preserving operations for Kalshi and Polymarket while litigation continues
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Washington Court Blocks Kalshi Sports Contracts in Escalating Federal-State Regulatory Clash
A Washington state judge has granted a preliminary injunction against prediction market operator Kalshi, ruling its sports event contracts likely violate state gambling laws despite federal CFTC oversight. The decision, effective no earlier than August 5, highlights growing tensions between state regulators and federally regulated platforms
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Trump Teleprompter Operator Faces Probe Over Kalshi Speech Bets
Gabriel Perez, who has operated President Donald Trump’s teleprompter since 2016, is under CFTC review for allegedly using advance script access to earn substantial profits on prediction market contracts tied to presidential speeches
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