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#prediction-markets #gambling-regulation #criminal-charges #state-vs-federal-authority #kalshi
#prediction-markets
fromEngadget
1 day ago
Poker

Arizona attorney general sues Kalshi on illegal gambling charges

Kalshi, a prediction markets platform, faces lawsuits from Arizona and Nevada for operating illegal gambling and taking bets on elections, despite claiming CFTC oversight.
fromBusiness Insider
1 month ago
US politics

Prediction markets are booming. Some lawmakers are betting against them.

Prediction markets are rapidly growing, creating legal, regulatory, and ethical concerns while lawmakers have only issued piecemeal responses and regulatory clarity remains unresolved.
Poker
fromwww.npr.org
18 hours ago

Arizona AG files criminal charges against Kalshi over 'illegal gambling'

Arizona filed the first criminal charges against prediction market platform Kalshi for operating an unlicensed gambling business allowing residents to bet on sports and elections without state approval.
Law
fromArs Technica
23 hours ago

Arizona indicts prediction market Kalshi for running illegal gambling operation

Arizona's attorney general filed criminal charges against prediction market Kalshi for operating an illegal gambling business and offering unlawful election wagers, potentially triggering similar actions from other states.
more#prediction-markets
UK politics
fromwww.theguardian.com
8 months ago

Ex-Tory MP and others accused of election date betting face two-year wait for trials

A former Conservative MP and others face serious gambling charges related to election bet placements, awaiting trial in 2027 and 2028.
fromFast Company
8 months ago

Zohran Mamdani is on the verge of victory, and election gamblers are set to win thousands betting online

In this election cycle, Zohran Mamdani's rise in vote probability was unprecedented. He surged from 7% odds to becoming a clear frontrunner just weeks before the primaries.
US Elections
UK politics
fromwww.theguardian.com
11 months ago

Gambling Commission charges 15 over bets on timing of 2024 UK general election

15 individuals, including former MP Craig Williams, charged for election-related betting offences under the Gambling Act 2005.
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