Legislation

CFTC tells prediction markets to stop using moneyline odds in pricing displays

A new CFTC staff reminder tells regulated prediction market platforms not to present event contract prices as sportsbook-style moneyline odds, saying the format could mislead users about the nature of the contracts.

South Carolina Resident Sues DraftKings and Polymarket Over Alleged Illegal Sports Betting

A Charleston County complaint alleges DraftKings and Polymarket are using CFTC-licensed sports event contracts to offer illegal gambling in South Carolina.

Ohio governor candidates split on online gambling expansion as Acton, Kissick back legalization

Ohio’s 2026 governor’s race is shaping up as a potential pivot point for the state’s gambling policy, with Amy Acton and Don Kissick supporting online gambling expansion and Vivek Ramaswamy yet to outline a public stance.

Nevada Lawmakers Introduce Federal Bill Targeting Sports Event Prediction Markets

A bipartisan House bill from Nevada lawmakers would bar federally regulated exchanges from offering sports betting and casino-style contracts while preserving state and tribal gaming authority.

Caesars Wants to Bring Its Online Casinos to Maine Through Tribal Partnerships

Caesars is preparing to bring online casinos to Maine through tribal partnerships as regulators work toward the state’s first iGaming launch.

Pennsylvania Skill Games Ruled Illegal: What Players Need To Know About Their Options

Pennsylvania's Supreme Court ruled skill games are illegal slot machines. Find out what the decision means for players, businesses, and legal online casino alternatives.

Polymarket Sues Minnesota Over Prediction Market Ban

Polymarket joins CFTC and Kalshi in suing Minnesota over its sweeping prediction market ban. The lawsuit challenges federal preemption and First Amendment violations before the August 1 rollout.

Tennessee Bans Sweepstakes Casinos, Goes After Prediction Markets

Tennessee bans sweepstakes casinos under SB 2136 and criminalizes prediction market manipulation with SB 1992. Here’s what the new laws mean.

Oklahoma Officially Bans Sweepstakes Casinos After Lawmakers Override Governor’s Veto

Oklahoma lawmakers overrode Governor Kevin Stitt’s veto to officially ban sweepstakes casinos statewide starting November 2026.