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UMG Nation

News and analysis on the US iGaming industry — with the same rules as our directory: no affiliate links, no operator money, no spin.

116 stories·Updated Jul 30, 2026

Prediction Markets on Wall Street

Industry NewsCJ Zambale3 min read

Clear Street And Kalshi Deal Signals Prediction Markets Are Moving Toward Wall Street

INSTITUTIONAL FINANCE IS STARTING TO ENTER PREDICTION MARKETS

Massachusetts Schools UMG

Industry NewsCJ Zambale4 min read

Massachusetts Schools Launch Sports Betting Education Program for Students

Schools across Massachusetts are introducing a new sports betting curriculum aimed at helping students understand gambling risks and develop stronger financial and media literacy skills.

Maine Sweepstakes Casino Ban

Industry NewsRyan Cauchi2 min read

Maine Advances Bill to Ban Sweeps Casinos

THE BILL AIMS TO REGULATE AND RESTRICT SWEEPSTAKES STYLE CASINOS IN MAINE

Nevada Blocks Kalshi Temporarily

Industry NewsRyan Cauchi3 min read

Kalshi Suspended in Nevada Amid Licensing Questions

REGULATORS TAKE A CLOSER LOOK AS KALSHI FACES TEMPORARY BLOCK

Philadelphia UMG

Industry NewsRyan Cauchi1 min read

FanDuel and DraftKings Lawsuit Dismissed Over Arbitration Agreement

Judge throws out sports betting case, saying the claims should be handled through arbitration

Lawmakers UMG

Industry NewsRyan Cauchi2 min read

Lawmakers Turn Attention to Sports Prediction Markets

Congressional hearing puts sports event contracts under fresh scrutiny as lawmakers debate regulation and consumer protections

Washington Kalshi UMG

Industry NewsRyan Cauchi2 min read

Washington Judge Blocks Kalshi Sports Contracts During Legal Fight

Judge rejects company's federal argument as Washington moves ahead with enforcement

Kalshi Worldcup

RegulationRyan Cauchi2 min read

Kalshi Adds 3 Million Users During World Cup Boom

The prediction market operator says the FIFA World Cup generated record trading volumes, with billions of dollars changing hands as millions of new users joined the platform.

Nevada Prediction Markets UMG

Industry NewsCJ Zambale2 min read

Nevada Regulator Warns Prediction Markets Could Expand Into Online Casinos

Nevada Gaming Control Board Chairman Mike Dreitzer believes prediction markets could eventually expand beyond sports betting into casino-style gaming and slot-like products.

CFTC Michigan UMG

Industry NewsCJ Zambale2 min read

CFTC Orders Kalshi to Ignore Michigan Court's Sports Contract Ban

The CFTC has instructed Kalshi to continue honoring sports event contracts in Michigan, escalating its legal battle with state regulators over prediction market oversight.

AGA and CFTC Prediction Markets UMG

Industry NewsCJ Zambale2 min read

AGA Seeks to Join CFTC's Legal Battle Over Prediction Markets

The American Gaming Association wants to join the CFTC's lawsuit against Wisconsin, saying prediction markets could undermine state-regulated sports betting.

Court UMG

Industry NewsRyan Cauchi2 min read

Ninth Circuit Reviews Tribal Appeal Against Kalshi

California tribes argue prediction market operator's sports event contracts infringe on tribal gaming rights

New York UMG

Industry NewsRyan Cauchi2 min read

Kalshi Loses New York Bid to Stop State Enforcement

Judge rules New York can continue enforcing gambling laws as legal fight moves forward

Kalshi UMG

Industry NewsRyan Cauchi3 min read

New Mexico Challenges Kalshi Over Sports Event Contracts

Legal challenge adds another chapter to the growing battle over event contracts

Prediction Markets UMG

Industry NewsRyan Cauchi2 min read

Polymarket Hit With Lawsuit Over Bitcoin Prediction Market

Users claim platform changed contract interpretation after outcome was known

Nevada UMG

Industry NewsRyan Cauchi2 min read

Kalshi Loses Bid to Halt Nevada Geofencing Order

Prediction market operator faces another setback as legal battle with Nevada continues

North Carolina and New Jersey Prediction Markets

Industry NewsRyan Cauchi2 min read

North Carolina, New Jersey Advance Prediction Market Tax Plans

States move to capture revenue as pressure grows on event based trading platforms

Polymarket UMG

Industry NewsRyan Cauchi3 min read

Polymarket Challenges New Mexico in Legal Fight Over Regulation

Prediction market operator pushes back as legal pressure from states continues to grow

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Market Operators Push States to Review Casino Lobby Ties

Industry calls for greater transparency as pressure grows between prediction markets and traditional gaming interests

New Jersey UMG

Industry NewsRyan Cauchi2 min read

New Jersey Lawmakers Push Ahead With Prediction Market Tax Plan

Lawmakers advance revised bill as state pushes for tighter oversight of event based trading

Ohio UMG

Industry NewsRyan Cauchi3 min read

Ohio Regulator Faces Second Lawsuit as Kalshi Fights $5M Sanction

Legal pressure escalates as Kalshi expands battle against state regulators over sports event contracts

North Carolina UMG

RegulationRyan Cauchi3 min read

North Carolina Budget Proposal Allows Gambling Loss Deductions in Major Tax Shift

Proposed changes offer relief for bettors as North Carolina continues reshaping its gambling tax framework

Michigan UMG

Industry NewsRyan Cauchi3 min read

Michigan Judge Orders Kalshi to Halt Sports Markets

Temporary restraining order adds fresh pressure as state crackdown on prediction markets intensifies

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Market Legal Battle Intensifies With New Lawsuits

Dual legal filings add fresh momentum to the growing fight between regulators and prediction market operators

Indiana UMG

Industry NewsRyan Cauchi3 min read

Indiana Gaming Commission Reviews College Prop Bet Restrictions

NCAA backed proposal could reshape sports betting rules as pressure grows to protect student athletes

US Lawmakers

Industry NewsRyan Cauchi2 min read

Lawmakers Face Proposed Ban on Prediction Market Trading

Proposed legislation adds pressure on event-contract platforms as scrutiny around insider trading grows

Chicago City Sweepstakes Ban UMG

RegulationRyan Cauchi3 min read

Chicago City Council Votes Down Sweepstakes Machine Ban

Vote keeps thousands of gray market machines operating as city officials remain divided on gambling expansion

Kentucky Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Kentucky Targets Prediction Markets in Latest Regulatory Push

Latest challenge sets up another major clash between state regulators and the Trump administration

Michigan Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Michigan Judge Rejects Polymarket and Robinhood Injunction Requests

Ruling marks another setback for prediction market operators amid growing state scrutiny

Cayuga Nation and Caesars Entertainment UMG

TribalRyan Cauchi2 min read

Cayuga Nation Launches Lawsuit Against Caesars

Lawsuit centres on alleged trademark and branding violations linked to New York gaming operations

Illinois Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Illinois Expands Tax Framework to Include Prediction Markets

New measures add event contract trading to the state's growing list of taxable gaming activities

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Market Legal Battles Spread as New York, Kentucky, Nevada and New Mexico Cases Advance

Multiple states continue challenging the growing influence of event contract platforms

Novig UMG

Industry NewsRyan Cauchi3 min read

Novig Enters Growing Prediction Market Sector with Federal Approval

Sports focused operator takes a major step into one of the industry's fastest growing sectors

Kalshi UMG

Industry NewsRyan Cauchi3 min read

Kalshi Faces Fresh Challenge in Nevada Geofencing Dispute

Regulators claim platform failed to fully block Nevada users despite court restrictions

Prophet X UMG

Industry NewsRyan Cauchi3 min read

ProphetX Lands Federal Approval for Prediction Market Expansion

Sports focused platform takes major step toward launching under federal oversight

Prediction Markets UMG

Industry NewsCJ Zambale3 min read

CFTC Sues New Mexico in Escalating Prediction Market Dispute

The CFTC has sued New Mexico over its approach to prediction markets, adding another chapter to the growing regulatory battle surrounding sports event contracts in the U.S.

Nevada and Kalshi UMG

Industry NewsCJ Zambale3 min read

Nevada Gaming Control Board Seeks Contempt Ruling Against Kalshi

The Nevada Gaming Control Board has asked a state court to hold Kalshi in contempt, claiming the prediction market operator continued offering prohibited event contracts in the state.

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Market Lawsuits Gain Momentum Across Four States

Wisconsin, Rhode Island, Illinois, and New Mexico emerge as key battlegrounds in the fight over event contracts

Pennsylvania UMG

Industry NewsCJ Zambale2 min read

Pennsylvania Bill Would Bring Gambling Education Into Schools

A new Pennsylvania bill would introduce gambling awareness and prevention education in public schools as lawmakers place greater focus on responsible gaming initiatives.

Prediction Markets UMG

Industry NewsRyan Cauchi3 min read

Prediction Markets Face Regulatory Shift Under New CFTC Proposal

Proposed framework could reshape how event contracts are reviewed and regulated

Kalshi UMG

Industry NewsCJ Zambale3 min read

Kalshi Raises the Bar on Market Integrity as Prediction Markets Evolve

New safeguards aim to strengthen market integrity as scrutiny continues to grow

Google prediction Markets UMG

Industry NewsCJ Zambale2 min read

Google Blocks Prediction Market Ads in Ohio

Google has updated its advertising policy to block prediction market ads in Ohio, affecting operators such as Kalshi and Polymarket.

North Carolina UMG

Industry NewsCJ Zambale2 min read

North Carolina Agrees to Raise Sports Betting Tax Rate

North Carolina lawmakers have reached an agreement to increase the state's sports betting tax rate, citing the market's strong revenue performance since launch.

Lawmakers UMG

Industry NewsCJ Zambale2 min read

Lawmakers Push for Federal Study on Gambling Disorder as Betting Options Expand

U.S. lawmakers have introduced legislation calling for a federal study into gambling disorder, citing the rapid expansion of sports betting and prediction markets.

Nevada UMG

Industry NewsCJ Zambale2 min read

Nevada Court Order Adds Pressure on Prediction Market Industry

Nevada regulators have secured a court order against Polymarket, adding another legal challenge for prediction market operators as state-level opposition continues to grow across the US.

Illinois UMG

Industry NewsCJ Zambale3 min read

Illinois Budget Targets Prediction Markets as Regulatory Fight Escalates

Illinois lawmakers have approved a new budget that includes taxes on prediction markets, adding another chapter to the state's ongoing battle with the rapidly growing industry.

Minnesota UMG

Industry NewsRyan Cauchi2 min read

Kalshi Challenges Minnesota Ban as Wisconsin Battle Continues

New lawsuits could shape the future of prediction market regulation

Prediction Markets

Industry NewsRyan Cauchi2 min read

Federal Lawsuit Against Rhode Island Adds Fuel to Prediction Market Fight

Federal regulators push back as state level resistance continues to grow

Sports Betting UMG

Industry NewsCJ Zambale2 min read

New York Bill Would Ban Sports Betting on College Campuses

A new New York bill would require sportsbooks to block wagers placed on college campuses, adding to a growing list of sports betting safeguards being considered across the US.

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