Nevada and California Intensify Legal Action Against Kalshi
Nevada regulators are seeking daily penalties against Kalshi for alleged non-compliance with a court order. California has joined a 37-state amicus brief in a related federal appeals case.
Nevada regulators are seeking daily penalties against Kalshi for alleged non-compliance with a court order. California has joined a 37-state amicus brief in a related federal appeals case.
A group of leading prediction market operators has filed a lawsuit against Kentucky’s new excise tax. The case challenges the state’s recently introduced tax framework.
The Nevada Gaming Control Board has asked a state district court to issue a contempt ruling against Kalshi in connection with a prediction market dispute.
The CFTC has filed a lawsuit against New Mexico to block the state’s gambling claims against Kalshi. The regulator cites exclusive federal authority over prediction markets.
Switzerland’s regulated lottery and sports betting turnover declined to CHF3.87 billion in 2025, with gross player yield down 3.7%. Online accounted for 24% of total revenue.
US Representatives introduced a bipartisan bill to fund a federal study on gambling disorder. The proposal would use a share of sports betting excise tax revenue for up to three years.
New Mexico’s Attorney General has filed a lawsuit against Kalshi over alleged illegal gambling. The state joins a broader legal battle involving prediction markets.
Nigeria’s Supreme Court transferred gambling oversight to state governments in 2024. A new reciprocity licensing model now coordinates online regulation across participating states.
The European Court of Justice has avoided issuing a uniform ruling on cross-border player-losses claims. National courts in Germany, Austria and Malta remain responsible for liability and enforcement decisions.
The CFTC has filed to intervene in a Rhode Island lawsuit targeting Kalshi and Polymarket, asserting exclusive federal authority over event contracts.