A U.S. District Court judge has blocked state gaming regulators from enforcing sports wagering laws against a New York company that offers “event-based contracts” that look like sports bets.

Maryland became the sixth state in the U.S. (that we're aware of) to send a cease-and-desist letter to federally regulated "prediction markets." ...

The predict has hit the fan. In case you weren’t aware, there is a growing battle over sports-related event contracts being fought by so-called “prediction markets,” state-level gambling ...

The full ruling in Kalshi’s case in Nevada came out yesterday, which was good news for the event contracts company. Chief Judge Andrew Gordon filed the ruling after granting Kalshi a temporary ...