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Kansas regulator “may get involved” in prediction markets crackdown

Summary by egr.global

The Kansas Racing and Gaming Commission (KRGC) has said it is “monitoring” legal developments across the US before it decides whether to take its own regulatory action against platforms offering sports event contracts. All three of Kalshi, Robinhood, and Crypto.com have been hit with multiple cease-and-desist orders in recent weeks from several state gaming regulators for allowing users to trade sports event contracts. In the last seven days, t…

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Kansas regulator “may get involved” in prediction markets crackdown

The Kansas Racing and Gaming Commission (KRGC) has said it is “monitoring” legal developments across the US before it decides whether to take its own regulatory action against platforms offering sports event contracts. All three of Kalshi, Robinhood, and Crypto.com have been hit with multiple cease-and-desist orders in recent weeks from several state gaming regulators for allowing users to trade sports event contracts. In the last seven days, t…

2 days ago

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egr.global broke the news in 2 days ago on Thursday, April 3, 2025.

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