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Tag Archives: Prediction.Markets
The 9th Circuit Weighs In, and Prediction Markets Definitely Appear Headed to the Supreme Court
When I wrote two weeks ago that, “The prediction market debate…is likely to be settled sooner rather than later,” I had forgotten that Kalshi had appealed their loss to Nevada at the District Court level to the Ninth Circuit Court … Continue reading
The Prediction Market Debate (CFTC vs States) Is Likely to be Settled Sooner Rather than Later
On one side, there’s Kalshi, Polymarket, and all other companies offering prediction market sports wagers–err, sports predictions–allied with the Commodities Futures Trading Commission (CFTC). On the other side, there are state regulators (and even a local regulator) who say that … Continue reading
Kalshi Preliminary Injunction in Nevada Dissolved; Kalshi Likely Soon Gone from State
This morning, a judge here in Nevada dissolved Kalshi’s preliminary injunction against the Nevada Gaming Control Board. That injunction (now gone) prohibited Nevada from stopping Kalshi’s sports betting–excuse me–sports contracts from being offered in the state. While I expect Kalshi to … Continue reading
Posted in Gambling, Nevada
Tagged Prediction.Markets
Comments Off on Kalshi Preliminary Injunction in Nevada Dissolved; Kalshi Likely Soon Gone from State
Are Prediction Markets Sports Betting Products Doomed in the Long-Term?
Prediction markets are another new phenomenon. Kalshi, PolyMarket, and others offer predictions on things like, “Will the Epstein Files be released by the end of 2025?” They also offer sports predictions which I believe are clearly sports betting by any … Continue reading
Posted in Gambling
Tagged Prediction.Markets
Comments Off on Are Prediction Markets Sports Betting Products Doomed in the Long-Term?