New York’s September 24, 2026 legal action against Polymarket put prediction market compliance under a sharper state-law test. Attorney General Letitia James and Governor Kathy Hochul sued QCX LLC, referred to as Polymarket US, alleging that its platform operated as … Read the rest
Category Archives: Compliance
Sixth Circuit Kalshi Ruling on State Authority
The Sixth Circuit Kalshi ruling on September 25, 2026, narrowed Kalshi’s federal-law theory for sports-event contracts and gave Ohio and Tennessee a clearer path to enforce state gambling laws. For sportsbook compliance teams, the ruling is less about predicting a … Read the rest
Ohio Prediction Markets Face Compliance Test
Ohio Prediction Markets moved into a higher-risk compliance phase after the Ohio Casino Control Commission sent cease-and-desist letters on October 5, 2026, to ten prediction market operators and brokers. The letters demanded that sports event contracts stop being offered in … Read the rest
Circuit Split In Sports Wagering Regulation
The Circuit Split between the 3rd and 9th Circuits has created a direct compliance problem for sports wagering operators, prediction-market platforms, state regulators, and tribal gaming authorities. As of October 5, 2026, the key dispute is whether sports-event contracts are … Read the rest
Nevada Prediction Markets After Ninth Circuit
Nevada Prediction Markets moved into a higher-risk compliance category after the Ninth Circuit issued its August 28, 2026 decision in KalshiEX, LLC v. Assad. The court’s 3-0 ruling held that Nevada’s gambling laws apply to sports-event contracts offered by … Read the rest
Prediction Market Oversight and Federal Bills
Prediction market oversight has become a direct compliance issue for sportsbooks, exchanges, leagues, and vendors that touch sports-linked event contracts. As of September 29, 2026, federal proposals from Senator Richard Blumenthal and Representative Paul D. Tonko sit at the center … Read the rest
Prediction Market Compliance Across States
Prediction Market Compliance has become a high-risk operating issue for sportsbooks because state gambling law, federal commodities oversight, and court rulings no longer point in a single direction. As of September 23, 2026, sportsbooks assessing event-contract products have to separate … Read the rest
Ninth Circuit Ruling And State Market Authority
The Ninth Circuit Ruling issued on August 28, 2026, changed the risk analysis for prediction-market operators offering sports event contracts. For sportsbook compliance teams, the decision matters less as a single-platform dispute and more as a test of whether federally … Read the rest
Illinois Marketing Ban Tests Betting CRM Risk
The Illinois Marketing Ban proposal, as described in the September 10, 2026 research record, would create a new compliance constraint for gambling operators that use customer data to shape promotional campaigns. The rule was still under consideration as of September … Read the rest
Nevada Prediction Markets After 9th Circuit
Nevada Prediction Markets now sit in a higher-risk compliance posture after the 9th U.S. Circuit Court of Appeals ruled on August 28, 2026, in KalshiEX, LLC v. Assad. The 3-0 panel held, at the preliminary-injunction stage, that Kalshi’s sports … Read the rest
