Newsazenplay.comThe New York State Gaming Commission alleged that Kalshi unlawfully refused subpoenas linked to an investigation into possible violations of state gambling laws. The commission asked a Manhattan state court to compel the prediction-market operator to comply.
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The US Commodity Futures Trading Commission asked a federal court to recognise its exclusive jurisdiction over prediction markets. The filing seeks to prevent New York from applying state gambling laws to event-contract providers including Coinbase and Gemini.
A UK gambling trade association called for an evidence-based approach to the Gambling Act review amid concerns about affordability measures. The report indicates that the review remains focused on the relationship between consumer-protection requirements and gambling affordability assessments.
The UK Gambling Commission said research found that 4% of online gamblers in Great Britain had used illegal gambling websites during the previous 12 months. The regulator also introduced a dashboard to track illegal-market activity and regulatory disruption.