by igamingreview | Aug 4, 2026 | Uncategorized
New York Sues Prediction Market Kalshi Over Unlicensed Operations – New York State has filed a lawsuit against the prediction market platform Kalshi, alleging it operates an illegal gambling business without proper licensing. The legal action seeks to cease...
by igamingreview | Aug 3, 2026 | Regulation
Minnesota Prediction Market Ban Blocked by Federal Injunction – U.S. District Judge Katherine Menendez issued a preliminary injunction on July 27, blocking Minnesota’s prediction market ban from taking effect against CFTC-registered designated contract...
by igamingreview | Aug 3, 2026 | Regulation
New York Sues Kalshi for Operating Alleged Illegal Gambling – New York has filed a $36 billion lawsuit against Kalshi, alleging the platform operates an “illegal gambling operation.” The lawsuit seeks to prevent Kalshi from offering sports-related...
by igamingreview | Aug 3, 2026 | Uncategorized
ESPN Insider Adam Schefter Early Investor in Acquired Betting Firm – ESPN NFL insider Adam Schefter was an early investor in the betting company Underdog, which a London-based holding company acquired for $1.3 billion. Schefter’s initial stake was part of...
by igamingreview | Aug 3, 2026 | Prediction Markets
New York Sues Kalshi Over Alleged Illegal Gambling Operations – New York State has filed a lawsuit against prediction market platform KalshiEX, alleging it operates an unlicensed gambling business in violation of state law. The lawsuit, filed on July 31, seeks a...
