Episode 26: Stakes Are High For Prediction Markets As Court Battles Intensify

It was a busy week in court for prediction markets, from a big lawsuit from the New York attorney general to a win for Kalshi in Minnesota. Daniel O’Boyle of InGame and Dustin Gouker break down all the important news on the legal front and beyond in this week’s Event Horizon podcast.

Show notes:

Legal stuff, from InGame:

New York Sues Kalshi In State Court, Asks For $36 Billion Fine

Sixth Circuit Judge To Kalshi: What’s So Bad About Being Regulated By States?

Prediction Markets Still Legal In Minnesota, But Kalshi At Risk Of New York Ban

Nevada Says It ‘Shut Down’ Kalshi’s Sports Business, As Prediction Market Agrees To Use Third-Party Geofence

The rest:

News: IG Group To Acquire Underdog In Deal Worth Up To $1.3 Billion

Meet the Mets’ Prediction-Market Pick: Novig

Three Things We Learned About Robinhood And Prediction Markets During Q2 Earnings

Taking Stock Of The Prediction Markets Rules Comments: CME Raises (Many) Questions, Kalshi Urges Adoptions, And Dodd Speaks