Technology

CFTC Ends Legal Battle Over Kalshi Election Markets, Marking Pivotal Shift

The U.S. Commodity Futures Trading Commission (CFTC) has officially stepped back from its legal battle with prediction market operator Kalshi, abandoning its appeal of a ruling that had cleared the company to o...

Kalshi Secures Second Legal Win as Judge Backs CFTC Authority in New Jersey

Prediction market operator Kalshi has achieved another courtroom victory, this time in New Jersey, where a federal judge issued a preliminary injunction (pdf) that temporarily halts state efforts to restrict it...

Kalshi Sues Maryland to Challenge Sports Betting Restrictions

Prediction market platform Kalshi has initiated a federal lawsuit against the Maryland Lottery and Gaming Control Commission (MLGCC), escalating an ongoing legal battle over whether its sports event contracts c...

PENN Entertainment Expands Ontario iGaming Market with Standalone theScore Casino App

PENN Entertainment has officially rolled out its latest digital gaming venture in Ontario with the release of theScore Casino—a standalone online casino app tailored for the province’s regulated iGaming market....

Ohio Issues Cease-and-Desist Orders to Kalshi, Robinhood, and Crypto.com Over Sports Betting Contracts

Ohio has become the latest state to take regulatory action against Kalshi, Robinhood, and Crypto.com, issuing cease-and-desist orders against the three platforms for allegedly offering unlicensed sports betting...