Peer‑to‑peer sports event contracts have surged in popularity. Kalshi, a U.S.-based prediction market, reported that its sports event contracts yielded $249 million through the first two rounds of the NCAA Basketball...more
5/1/2025
/ CFTC ,
Cryptocurrency ,
Dodd-Frank ,
Enforcement Actions ,
Gambling ,
Online Gaming ,
Preemption ,
Regulatory Authority ,
Sports ,
Sports Betting ,
State and Local Government
“Defendants [California card rooms] operate, participate in, and facilitate illegal gambling,” according to a complaint filed on April 1, 2025, by the Rincon Band of Luiseno Indians (the Rincon Band) and the Santa Ynez Band...more
Nearly one hundred (100) “[d]efendants brazenly profit from illegal gambling” in California, according to a legal complaint filed by seven (7) casino-owning Native American tribes in the Superior Court of California in...more
1/15/2025
/ CA Supreme Court ,
California ,
Class Action ,
Constitutional Challenges ,
Gambling ,
Gaming ,
Illegal Gambling ,
Indian Gaming ,
Jurisdiction ,
Litigation Strategies ,
Native American Issues ,
Sovereign Immunity ,
Standing ,
Tribal Governments