A bipartisan coalition of 39 states and D.C. filed an amicus brief backing Nevada in Ninth Circuit litigation over whether prediction-market platforms can offer sports-betting products as federally regulated “event contracts” outside state gambling laws, arguing the CFTC cannot use federal commodities law to displace states’ traditional authority over sports betting. The brief was filed…

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California AG Rob Bonta, leading a group of eight Democratic AGs, sued to block Nexstar’s acquisition of TEGNA, alleging the deal violates Section 7 of the Clayton Act by stifling broadcast competition. According to the complaint, the proposed acquisition would create a “broadcasting behemoth” with control over 221 “Big 4” stations, giving Nexstar greater leverage…

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Arizona AG Kris Mayes filed criminal charges against KalshiEx LLC and Kalshi Trading LLC for allegedly operating an unlicensed gambling business that accepted illegal wagers on professional and collegiate sports, legislative outcomes, and political elections. The filing alleges the platform functioned as an illegal wagering operation by offering proposition and parlay bets, including wagers on…

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28 AGs said they will continue their antitrust lawsuit against Live Nation-Ticketmaster, despite a proposed $280 million settlement reached by the DOJ.

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Michigan AG Dana Nessel has sued KalshiEX LLC (Kalshi) for allegedly violating Michigan’s Lawful Sports Betting Act by operating an unlicensed sports wagering platform. According to the complaint, Kalshi allegedly offered unlicensed sports wagering in Michigan through “event contracts” that function like traditional sports bets, endangering residents and sidestepping Michigan’s internet sports betting laws. The…

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