Sports BettingCasinoBeats · 2h ago
Prediction Markets Lose Big in New York & Wisconsin Rulings
By Adam Roarty•July 30, 2026
The brief
Prediction markets suffered legal setbacks in two rulings this week as judges in Wisconsin and New York sided against the CFTC and Kalshi. In New York, the Second Circuit denied Kalshi’s emergency motion for an injunction to prevent state authorities from enforcing gambling laws against the company. It has now referre…
Original report
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