The Changing Rules of Pari-Mutuel
Sep 24, 2026
The question of whether sports event contracts can be listed on prediction markets appears to be headed for a showdown at the Supreme Court. On August 28, 2026, the Ninth Circuit held that sports event...
The Commodity Futures Trading Commission (CFTC) issued a new staff advisory on March 12 that aims to add regulatory guardrails around event contract markets—particularly focusing on controversial sports-related event contracts. The advisory letter, CFTC Staff...
At the start of nearly every year, many U.S. gaming companies ask, “is this the year of iGaming?” Historically, that answer has been “no,” but this year kicked off with news that could signal 2026...
Well, we finally have our answer as to what the CFTC intends to do about sports event contracts — embrace them. For months, the Commodity Futures Trading Commission has been conspicuously cautious about sports and...
On January 20, Kalshi suffered its first state court loss in the battle to make prediction markets available across the country. The Suffolk County Superior Court of Massachusetts granted the Attorney General’s motion for a preliminary injunction,...
In a closely watched multidistrict litigation, Judge Edward Davila of the Northern District of California has dismissed all California claims against Apple, Google, and Meta in the App Store Simulated Casino Litigation, reaffirming the state’s sweeping...