
Utah sues Kalshi as midterm prediction markets top $1.4bn in volume
Utah has filed suit against Kalshi and two Susquehanna firms, Polymarket has sued Ohio, and trading on the midterm elections has passed $1.4bn.

Utah has filed suit against Kalshi and two Susquehanna firms, Polymarket has sued Ohio, and trading on the midterm elections has passed $1.4bn.

Two CFTC-registered exchanges have gone to federal court to stop Missouri's attorney general treating sports event contracts as unlicensed betting under the state's 2024 constitutional amendment.