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Latest News in Sports & Betting
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July 27, 2026
A Minnesota federal judge on Monday issued a temporary injunction blocking the state's first-of-its kind law banning prediction markets, ruling that the state likely overstepped its authority just days before the measure was set to take effect.
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July 27, 2026
Kalshi has urged a Washington judge to pause a recent order granting the state attorney general's bid to preliminarily enjoin the prediction market platform from operating within the state, saying the injunction causes Kalshi to face a "'Hobson's choice' between state enforcement and its federal duties."
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July 27, 2026
Kalshi will implement additional tech tools to block Nevada users from its platform or face daily six-figure fines after the state's gambling regulators showed they could still place trades in the state despite a standing court order barring the prediction market platform from serving Nevada residents.
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July 27, 2026
New York regulators urged the Second Circuit to deny Kalshi's request for an emergency order that would allow the prediction market company to continue conducting business in New York while its challenge to the state's gambling laws is resolved, arguing the company's operations are both prohibited and predatory.
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July 27, 2026
Minnesota Attorney General Keith Ellison has aggressively defended the state's landmark prediction market statute, which would criminalize the hosting, facilitation and advertising of prediction markets, on both statutory and federalism grounds — signaling that he won’t hesitate to pursue enforcement once the law takes effect Aug. 1, say attorneys at Crowell & Moring.
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