According to the CFTC, Congress and the courts have consistently affirmed the agency’s jurisdiction over commodity derivatives markets. The brief argues that prediction markets fall squarely within ...

By Nate Raymond Feb 17 (Reuters) - Nevada gaming regulators filed a lawsuit on Tuesday seeking to block prediction market ...

Kalshi has lost its US appeals court bid to block Nevada from taking action on its sports contracts, leading the state’s ...

Nevada regulators sue Kalshi alleging its event contracts amount to unlicensed sports betting under state gaming laws.

Is it gambling or a derivative market for investors? The head of the federal agency overseeing prediction markets said state ...

Nevada first issued a cease and desist order directing Kalshi to halt sports-related markets within the state in March last year. Kalshi responded with a federal lawsuit and was subsequently granted a ...

Nevada has escalated its confrontation with prediction market operator Kalshi on Tuesday after a federal appeals court ...

Dow Jones Top Company Headlines at 3 AM ET: Glencore's Earnings Fall Despite Second-Half Recovery | BAE ... Performance reflected lower energy and steelmaking coal prices partially offset by stronger ...

Commodities Futures Trading Commission chair Michael Selig argued prediction platforms are federally regulated, as more ...

Dow Jones Top Financial Services Headlines at 12 AM ET: Fed's Goolsbee Says Future Rate Cuts Depend on Inflation Progress | ...

Nevada gaming regulators have filed a lawsuit against prediction market operator Kalshi, seeking to block it from offering ...

Utah Governor Cox spoke out today against prediction markets after the Commodity Futures Trading Commission (CFTC) filed an ...