Utah sued Kalshi and Susquehanna firms, citing up to $61.2 million in estimated fees and seeking betting restrictions. No new injunction was verified.
A federal appeals court rejected Kalshi's bid to block Ohio and Tennessee sports-betting enforcement, deepening a split over CFTC authority.
New York alleges Polymarket US runs unlicensed sports betting and seeks to block it in the state, escalating a jurisdiction fight with the CFTC.
North Carolina's new budget law recognizes CFTC authority over prediction markets and sets a 6% tax on platform fee revenue from state residents starting in 2027.
Kentucky sued Kalshi, Polymarket and Coinbase-linked entities over alleged unlicensed sports betting, citing nearly 23B in Kalshi contract volume.
A new Polymarket wallet turned Spain's 0-0 World Cup draw with Cabo Verde into roughly $9M in profit, exposing prediction-market risk.