News & Analysis as of

Gambling Regulatory Oversight Commodities Futures Trading Commission

Troutman Pepper Locke

Kalshi Sues Ohio Regulator Over Authority Dispute

Troutman Pepper Locke on

On October 7, 2025, Kalshi, a platform specializing in prediction market trading, filed a lawsuit against the Ohio Casino Control Commission (OCCC) and Ohio attorney general (AG), alleging that their regulatory actions...more

Snell & Wilmer

Prediction Markets on Trial: Kalshi, Robinhood, and the Legal Crossroads of Sports Betting

Snell & Wilmer on

Across U.S. sports betting markets, Kalshi remains a topic of debate. The core question: does Kalshi legally offer sports event contracts within federally regulated financial prediction markets, or does Kalshi operate illegal...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - September 2025

CFTC and SEC Look to Converge on Prediction Markets - Prediction market platforms, which offer futures contracts on sports and events, may soon face oversight from both the Commodity Futures Trading Commission (“CFTC”) and...more

Orrick, Herrington & Sutcliffe LLP

Gaming & Gambling Update - Week of March 24, 2025

Kalshi's sports betting prediction market, in partnership with Robinhood, has seen significant success, reporting $249 million in contracts during the first two rounds of the NCAA College Basketball Tournament. Kalshi's...more

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