BUSINESSENGADGET
Kalshi and Rhode Island sue each other in latest challenge to prediction markets
Kalshi and Rhode Island are engaged in a legal dispute over prediction markets, with Rhode Island joining other states in challenging their legality. The case highlights ongoing regulatory conflicts surrounding financial prediction platforms.
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Adjacent reporting
- CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
- CFTC pulls Wisconsin into fight over prediction market jurisdiction
- Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
- CFTC sues Wisconsin escalating federal-state clash over prediction market oversight
- CFTC sues Wisconsin over prediction market regulations
- New York sues Coinbase, Gemini over prediction market offerings