A federal judge in Wisconsin has delivered a landmark ruling that could reshape gaming rights for Native American tribes across the United States, marking the first major victory under the Indian Gaming Regulatory Act (IGRA). The decision, handed down this week, grants tribes broader authority to operate gaming facilities without immediate state interference—a move that … Read more
New York has filed lawsuits against Coinbase and Gemini over their prediction market offerings, marking the latest state action against crypto platforms facilitating event-based contracts tied to sports and entertainment outcomes. The lawsuits, filed by New York Attorney General Letitia James on April 21, 2026, allege that Coinbase and Gemini are operating unlicensed gambling platforms … Read more
A federal court has intervened in a high-stakes legal battle over the future of prediction markets, issuing an emergency order that blocks the state of Arizona from proceeding with a criminal prosecution against the platform Kalshi. The ruling, which effectively halted a scheduled hearing for Monday, April 13, marks a pivotal moment in the ongoing … Read more
Brazil Considers Ban on Online Betting, Threatening Emerging Prediction Markets Brasília – Brazilian President Luiz Inácio Lula da Silva’s recent proposal to ban online betting is sending ripples through the burgeoning prediction market industry in the country. The move, framed as a crackdown on unauthorized platforms, could significantly impact a sector that has seen rapid … Read more
WASHINGTON D.C. – U.S. Representative Jake Schiff has introduced legislation aimed at prohibiting wagering on events with uncertain outcomes involving death or serious harm, a practice critics have dubbed “death bets.” The bill, formally known as the “Stop Predatory Death Bets Act,” seeks to close a loophole that allows individuals to profit from tragedies like … Read more