Kalshi imposes first-ever lifetime ban on George Santos
Prediction market operator Kalshi has imposed its first-ever lifetime ban on former U.S. Congressman George Santos following a federal investigation that revealed the...
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Ninth Circuit Court rules Kalshi sports contracts as gambling
On August 28, 2028, the Ninth Circuit Court of Appeals ruled in favor of Nevada gambling regulators, deciding that Kalshi’s sports event contracts are gambling and not...
Connecticut sues Kalshi over illegal betting claims
Connecticut's Attorney General William Tong, Department of Consumer Protection (DCP) Commissioner Bryan Cafferelli, and Governor Ned Lamont shared on August 26, 2026, that...
New Jersey imposes record $251K fine on Caesars Sportsbook
The New Jersey Division of Gaming Enforcement (NJDGE) has imposed a $251,250 civil penalty on Caesars Sportsbook after regulators found multiple breaches in responsible...
Nebraska adds online betting legalization to November ballot
On August 21, 2026, Nebraska’s Secretary of State shared that 2 petitions seeking to legalize online sports betting have been approved to be presented to the voters during...
Florida Attorney General sues Stake and VGW
The Attorney General of Florida, James Uthmeier, has filed lawsuits against Stake, VGW, and their payment processors, accusing the companies of offering illegal sweepstakes...
Connecticut denies Kalshi injunction over CFTC rules
A federal judge in Connecticut has denied Kalshi’s emergency motion for an injunction, arguing that the Commodity Futures Trading Commission’s (CFTC) rules can’t override...
Trump set to attend White House meeting with predictions execs
On August 19, 2026, U.S. President Donald Trump is expected to take part in a White House meeting alongside executives from the prediction markets and cryptocurrency...
President Trump sued over selling Truth Social early access
The Intercept Media and the Freedom of the Press Foundation (FPF) have sued U.S. President Donald Trump, accusing him of corruption and promotion of insider trading by...