Tag: prediction markets
Illinois Issues Cease And Desist Letter To Crypto.com, Kalshi And Robinhood
The Illinois Gaming Board sent cease-and-desist letters to Crypto.com, Kalshi, and Robinhood over claims that the trading platforms are engaging in illegal sports betting activities. New Jersey, Nevada, and Ohio had
Connecticut Adds To Legal Challenges For Kalshi And Robinhood
Kalshi and Robinhood face a growing number of legal challenges to their prediction markets. State regulators claim that the prediction markets are online betting and violate state laws. The Connecticut Department of