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Kalshi and Polymarket lose bids to halt Nevada and Washington gambling cases
The Ninth Circuit denied stays for Kalshi and Polymarket, allowing Nevada and Washington state gambling enforcement actions to proceed against the prediction markets.
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coindesk.com
Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge
Sports betting on firms such as Kalshi was the focus of questions over advertising to children, cheating from athletes and undermining regulated gaming.
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theblock.co
Kalshi, Polymarket lose bids to halt Nevada and Washington gambling cases
The Ninth Circuit said federal derivatives oversight does not shield prediction market firms from state gaming enforcement.
