In the latest AG legal skirmish over prediction markets, Utah AG Derek Brown filed a lawsuit against Kalshi Inc. and several affiliated entities, along with Susquehanna International Group and an affiliate, alleging violations of state gambling and sports betting laws dating to at least 2024. The state is seeking an estimated $30 to $60 million…

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A bipartisan coalition of 40 AGs filed an amicus brief in the U.S. Supreme Court supporting New Jersey’s petition for cert that asks the justices to review whether prediction market operator Kalshi can offer sports betting contracts without complying with state gambling laws. The coalition is urging the Supreme Court to resolve growing conflict among…

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Alabama AG Steve Marshall announced a settlement has been reached with TikTok, resolving Alabama’s claims that TikTok designed its platform with addictive features, knowingly exposed young users to serious mental harms, and intentionally misled the public about the safety of its platforms.

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New York AG Letitia James and Governor Kathy Hochul announced a lawsuit against QCX LLC d/b/a Polymarket US (Polymarket) for allegedly running an illegal gambling operation in New York through its prediction market platform. The AG asserts that an investigation found that Polymarket’s prediction market is an illegal, unlicensed gambling operation that exposes New Yorkers…

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A coalition of 12 state AGs reached a settlement with Paramount Skydance Corporation and Warner Bros. Discovery resolving the states’ lawsuit alleging the merger of the two entertainment companies.

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