Law ❯ Licensing ❯ Unlicensed Activities ❯ Sports Wagering

Prediction Markets

Connecticut Orders Kalshi, Robinhood and Crypto.com to Halt Sports Event Contracts as Kalshi Sues to Block Enforcement

The cease-and-desist notices label the apps unlicensed gambling, setting up a federal preemption fight over whether CFTC oversight supersedes state wagering laws.