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 FineSixth 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 BanNevada Says It ‘Shut Down’ Kalshi’s Sports Business, As Prediction Market Agrees To Use Third-Party GeofenceThe rest:News: IG Group To Acquire Underdog In Deal Worth Up To $1.3 BillionMeet the Mets’ Prediction-Market Pick: NovigThree Things We Learned About Robinhood And Prediction Markets During Q2 EarningsTaking Stock Of The Prediction Markets Rules Comments: CME Raises (Many) Questions, Kalshi Urges Adoptions, And Dodd Speaks This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit nexteventhorizon.substack.com