by I. Nelson Rose | Mar 4, 2026 | Articles, Blogs
The Capitol Forum recently published an article examining the difficulties Sporttrade has faced trying to operate an exchange-style sports prediction platform under existing state gambling laws. Sporttrade was created to allow users to buy and sell contracts on the...
by I. Nelson Rose | Feb 20, 2026 | Blogs
On February 19, 2026, Kalshi removed to federal court the lawsuit filed against it in state court by the state of Nevada. This prevents the state judge from issuing a temporary restraining order (“TRO”), which would have prohibited Kalshi from taking bets/trades from...
by I. Nelson Rose | Feb 17, 2026 | Blogs
Today, February 17, 2026, saw the following: 1) The US Ninth Circuit Court of Appeals denied Kalshi’s attempt to prevent the state of Nevada from suing the sports event prediction market operator. 2) The Nevada Gaming Control Board and the state attorney...
by I. Nelson Rose | Feb 11, 2026 | Articles
Prediction markets continue to expand into sports, even in states where traditional sportsbooks remain prohibited. NBC News recently published an article examining how platforms such as Kalshi and Polymarket are offering Super Bowl-related event contracts nationwide,...
by I. Nelson Rose | Feb 2, 2026 | Blogs
The biggest news in sports betting circles, or, if you believe the prediction markets operators, “commodities trading,” is Kalshi getting kicked out of Massachusetts. State Superior Court Justice Christopher K. Barry-Smith issued a preliminary injunction on January...
