Great ruling on the surface and I think this sets the contours for what will ultimately be argued in SCOTUS, re: sports betting in prediction markets $DKNG

Here’s the complete episode:

Here’s the complete podcast episode:

VIDEO: A preview of next week's oral argument in the California tribes' lawsuit vs. Kalshi. A key issue is whether the availability of sports contracts on Indian lands violates IGRA and whether UIGEA's carveout for CFTC-regulated contracts applies. More via @PredictionNews_:

VIDEO: What could states be doing differently in their legal cases vs. prediction markets? My 3 recommendations: 1) Retain outside counsel (see NV) 2) Pool resources to hire same law firm. 3) Have licensees pay for legal costs (e.g., NJ PASPA case) More via @PredictionNews_:

NEW: Ohio becomes the second state to engage outside counsel in litigation against Kalshi, joining Nevada (which turned its fortunes around when it retained Mayer Brown and SCOTUS litigator Nicole Saharsky). Smart move by Ohio. Still waiting on a hearing date for the PI motion.

For those interested in the current prediction market/sportbook war, here’s a great watch …

Prediction markets gone wild! On a new episode of Prediction Market Movers, @GerlacherC and I break down the latest legal and regulatory developments: - NV ruling - MI, OH & AZ letters - OH lawsuit - CA tribes & MA on deck - Govt shutdown affecting CFTC

How should states respond to the growing threat of online sweepstakes casinos and sports prediction markets? Could multi-agency and multi-stakeholder cooperation be the key to success? On tap at @NCLGS in December.

SAVE THE DATE: @NCLGS (San Juan, Dec. 10-13) “Illegal Gambling Enforcement 2.0” The Committee will examine the value of multi-jurisdictional cooperation and new alliances in curbing the threat posed by illegal gambling websites and operators. https://t.co/zmNJJEbf1X

A lot of legal catchup in this episode. We also recorded before the NV written opinion dropped, but the analysis still holds up. Good recap of the last two weeks of legal cases

Get caught up on all the latest legal developments surrounding sports prediction markets. We preview the upcoming court hearings in California and Massachusetts and what to expect the rest of the year.

Prediction markets gone wild! On a new episode of Prediction Market Movers, @GerlacherC and I break down the latest legal and regulatory developments: - NV ruling - MI, OH & AZ letters - OH lawsuit - CA tribes & MA on deck - Govt shutdown affecting CFTC

If you are following the sports betting prediction market lawsuits in nevada (including ongoing cases involving @Kalshi / @cryptocom), @WALLACHLEGAL seems like a great follow. Similar cases going on in Maryland, Massachusetts, Ohio, NJ

Judge Gordon has flipped the script. His written decision in the Crytpo dot com case is a home run for Nevada and a setback for sports prediction markets. And it goes much further than expected. Here are the key "preliminary" findings: 1) Contracts based on the "outcomes"

Judge Gordon has flipped the script. His written decision in the Crytpo dot com case is a home run for Nevada and a setback for sports prediction markets. And it goes much further than expected. Here are the key "preliminary" findings: 1) Contracts based on the "outcomes"