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South Carolina man who never used prediction markets sues DraftKings and Polymarket

Infiniti Prediction Markets

South Carolina man who never used prediction markets sues DraftKings and Polymarket
Charleston County resident James M. Hughes filed suit alleging the platforms' sports event contracts violate the state's anti-gambling law, calling the federal…
#PredictionMarkets #Polymarket #CFTC #DraftKings

Platforms flagged 100+ potential insider-trading cases in 2026; CFTC enforcement has collapsed
Kalshi signaled ~50 cases and Polymarket ~90 this year, covering US and overseas activity, but the CFTC has been slow to respond: 11 enforcement actions collecting under…
#PredictionMarkets #Kalshi #Polymarket #CFTC

Tennessee orders Kalshi, Polymarket and Crypto.com to halt sports contracts
The Tennessee Sports Wagering Council sent cease-and-desist letters (personally addressed to Kalshi CEO Tarek Mansour) declaring sports event contracts wagers under the…
#PredictionMarkets #Kalshi #Polymarket

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