BATON ROUGE — Online prediction market Kalshi has filed a federal lawsuit against top Louisiana leaders, seeking to block the state from shutting down its sports-related trading platform or charging it under local gambling laws. The lawsuit filed in the U.S.
On the Reuters Econ World podcast, Mansour argued that markets beat polls and pundits while states challenge federal oversight of his business Kalshi co-founder and CEO Tarek Mansour has a simple pitch: if you want to know what will happen,…
17 federal public servants are earning over $1 million a year, up from 11 in the previous 2024-25 financial year, including one earning $2.2 million, as revealed in Senate Estimates last night. All these highly paid people work at the government's Future Fund Management Agency.
Home » News » Lottery Results » Brooklyn Store Sells Six-Figure Powerball Winner Lottery Results, New York, New York City A lucky Power Play ticket sold at Rong Cheng on Eighth Avenue tripled a standard $50,000 prize in Monday night’s drawing. BROOKLYN, NY – A…
The Powerball jackpot continues to grow as the latest drawing on Monday, October 26, failed to find a winner, leaving players another chance to win big. The jackpot is now a whopping $716 million ahead of the next drawing on Wednesday, October…
BATON ROUGE, La. (WAFB) - Kalshi, a global prediction market, filed a federal lawsuit Friday, October 23 against Louisiana’s top officials, challenging the state’s gambling laws. The case could eventually reach the U.S. Supreme Court, according to one legal expert. The…
SALT LAKE CITY (ABC4) — The federal government has filed a lawsuit to block the state of Utah from enforcing its anti-gambling laws against Kalshi. Last week, the Utah Attorney General's Office filed a lawsuit against prediction market Kalshi, seeking tens of…
In a Monday filing in the U.S. District Court for the District of Utah, the CFTC’s lawyers challenged Utah’s approach as an attempt to sidestep Congress’s intent to establish a single federal framework for commodity derivatives—arguing that state restrictions intrude…
The federal agency is seeking to block Utah from enforcing its gambling laws against federally regulated prediction market exchanges. The Commodity Futures Trading Commission (CFTC) announced Tuesday it has sued Utah to block the state from enforcing its gambling laws…
Home > Regulation > CFTC Takes Utah to Court as Prediction Market Regulatory Showdown Escalates On Tuesday, October 27, the CFTC filed a lawsuit in the U.S. District Court for the District of Utah aimed at halting local regulatory actions targeting prediction market platforms.
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