At present in prediction market information, we’re monitoring the most important developments throughout the trade in actual time, from contemporary lawsuits and insider buying and selling allegations to regulatory battles, market-moving laws, and different main tales shaping prediction markets, sports activities occasion buying and selling, and controlled forecasting platforms. Comply with our stay weblog all through the day for breaking updates, market reactions, and evaluation from throughout the prediction markets, crypto, and iGaming sectors.
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Robinhood hit with new California class-action lawsuit
NEW: One other class-action lawsuit filed in California alleges Robinhood’s sports activities occasion contracts quantity to unlawful playing and mislead customers @RWW pic.twitter.com/xWb6PogEhQ
— Suswati Basu (@suswatibasu) June 17, 2026
Robinhood suffers comparable court docket setback
Robinhood’s movement for preliminary injunction was additionally denied by Michigan federal choose Paul Maloney, who earlier immediately denied Polymarket’s PI movement. The 2 opinions are nearly similar. The identical choose may also be deciding Michigan’s movement to remand vs. Kalshi. pic.twitter.com/BqKqVAEbLj
— Daniel Wallach (@WALLACHLEGAL) June 18, 2026
New York cites Polymarket loss in Kalshi struggle
New York is including contemporary ammunition to its case in opposition to Kalshi. State attorneys have filed a current Michigan federal court docket resolution that denied Polymarket’s request for a preliminary injunction, arguing the ruling helps New York’s place.
CFTC challenges Illinois prediction market payment
CFTC amends lawsuit vs. Illinois to problem new state regulation requiring prediction markets to pay a transaction payment to Illinois starting from 1.75% to three.5% of the worth of every sports-event contract, and information a movement for preliminary injunction to dam implementation of recent regulation. pic.twitter.com/8CrjiqqgNg
— Daniel Wallach (@WALLACHLEGAL) June 18, 2026
Betr COO turns Kalshi right into a slot machine
Criticism alleges market manipulation on Kalshi
🚨 Hoosier Breaking Information: Kalshi Investigating Sen. Jim Banks and Indiana Home Rep. Andrew Eire for Alleged Insider Buying and selling on Secretary of State Race
Kalshi has confirmed to the Hoosier Enquirer that it’s investigating U.S. Senator Jim Banks and Indiana State… pic.twitter.com/oY1dCE14de
— Hoosier Enquirer (@HoosierEnquirer) June 17, 2026
CME prepares CFTC lawsuit over perpetual futures
#NEW @CMEGroup to sue CFTC over the approval of perpetual futures as quickly as tomorrow.
Outgoing CEO Terry Duffy speaks to Quick Cash solely on the lawsuit and his resolution to retire. https://t.co/g6Kjz4c5bC
— CNBC’s Quick Cash (@CNBCFastMoney) June 17, 2026
Kentucky expands authorized struggle in opposition to prediction markets
Welcome to immediately’s stay weblog. Kentucky is popping up the warmth on prediction markets. The state is now concerned in authorized battles with VGW, Kalshi, and Polymarket, arguing their choices violate state playing legal guidelines. The lawsuits add to rising regulatory stress on the trade as questions round oversight, taxation, and market integrity proceed to mount.
