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News Texas Senators Hear Calls to Geofence Prediction Markets as Kalshi Warns of Offshore Shift

Texas lawmakers heard sharply different views on whether prediction markets are distinct from sports betting, with the AGA urging litigation and geofencing and Kalshi warning bans would drive users offshore.

Joe Boozell • 26 minutes ago
News Missouri AG Sends Cease-and-desist Letters to 6 Prediction Market Operators Over Sports Event Contracts

Missouri Attorney General Catherine Hanaway says six prediction market operators must stop offering sports event contracts in the state unless they obtain gaming licenses.

Joe Boozell • 56 minutes ago
News Baltimore Suits and NYC Probe Add New Pressure on Prediction Market Operators

Municipal lawsuits in Baltimore and a New York City Council investigation are expanding the legal risks for prediction market operators beyond the federal preemption fight.

Joe Boozell • 1 hours ago