New Jersey has petitioned the Supreme Court to decide whether Kalshi’s sports-event contracts are federally regulated financial swaps or state-regulated gambling, following a circuit split between the Third and Ninth Circuits. The case, the first prediction market dispute to reach the high court, could decide the legal fate of a business that did $31 billion in trading volume in June alone.
A federal judge has dismissed an $800 million lawsuit filed by the Enhanced Games alleging that World Aquatics, the World…
Editor’s Note: We’ve reintroduced the popular jobs section to the newsletter! Every week, we’ll bring you three curated opportunities with…
Giving a tour of the games’ 2,200-seat venue, Enhanced’s public relations officer carried a measuring tape, saying it was to…