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...
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...
In April of last year, we wrote about the report released by the Consumer Financial Protection Bureau (“CFPB”) in which the CFPB stated that it was “monitoring markets” to determine what further actions it might take to regulate non-traditional...
Have you ever paid for the digital version of a movie, video game, book, or other media and thought to yourself, “Do I actually own this?” The state of California has recently attempted to answer...