On October 11, 2025 California joined other states in a push against sweepstakes casinos when Governor Newsom signed AB 831. The law prohibits operating or supporting “online sweepstakes games” that use a dual-currency model and simulate gambling within the state. Violations...

Are prediction markets unlicensed sports betting? Massachusetts says they are. In what could have a dramatic impact on the future of prediction markets, the Massachusetts Attorney General sued Kalshi in Suffolk Superior Court on September...

On February 28, 2025, DC Gambling Recovery LLC filed a novel lawsuit in the Superior Court of the District of Columbia, which was removed to the U.S. District Court for the District of Columbia on...

On March 21st, the Consumer Protection Cooperation Network (“CPCN”) published a set of seven “key principles” aimed at improving consumer protection around in-game virtual currencies. The CPCN, a coalition of European Union (“EU”) authorities, enforces consumer protection...

On February 19, 2025, the U.S. District Court for the Western District of Michigan ruled that the Interstate Horseracing Act1 (“IHA”), preempts the Michigan Horse Racing Law2 (“MHRL”), specifically, its requirement that out-of-state Advance Deposit Wagering (“ADW”) operators must partner...

The Commodities Futures Trading Commission (“CFTC”) is putting sports betting markets under the microscope. In just over a month, the agency will host a public roundtable to debate the rise of sports-related event contracts on prediction markets—an emerging trend that...