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#Connecticut Sports Betting

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Connecticut Targets Kalshi Again: New Lawsuit Aims to Block Sports Event Contracts
Sports Betting

Connecticut Targets Kalshi Again: New Lawsuit Aims to Block Sports Event Contracts

Connecticut has filed a new lawsuit against Kalshi, arguing that its sports event contracts constitute illegal gambling. Kalshi, however, insists it is regulated by the CFTC and not subject to state gaming laws.

August 28, 2026·1 min read
CFTC Warns Prediction Markets: Ditch American-Style Odds
Sports Betting

CFTC Warns Prediction Markets: Ditch American-Style Odds

The Commodity Futures Trading Commission has advised prediction market platforms to avoid using American-style odds, citing potential mislead and lack of market depth. The guidance comes amidst ongoing debates about the nature of prediction markets.

August 10, 2026·1 min read