Today in prediction market news, we’re following a fresh wave of legal and regulatory developments, including Kalshi urging the Tenth Circuit to block Utah enforcement while its federal appeal plays out, and Ohio and Rhode Island pointing to recent Ninth Circuit rulings as they defend state authority over prediction markets.
We’re also tracking Kalshi’s permanent ban of former Republican New York Congressman George Santos following an investigation into his trading activity, along with the platform’s call for clearer CFTC guardrails as event contract markets grow.
We’ll also be following the latest on enforcement actions involving political trading, Kalshi’s allegations against North Carolina congressional candidate Laurie Buckhout, and developments across prediction markets, regulation, politics, crypto and sports event trading throughout the day.
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