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Washington Calls Kalshi’s Wager

Washington AG Nick Brown sued KalshiEx LLC (Kalshi), alleging its online “prediction market” platform operates as an illegal gambling business under Washington law. According to the complaint, Kalshi allegedly markets prohibited online sports wagers and other “event contracts” to Washingtonians on topics ranging from NFL games to measles case counts, while rebranding gambling as a…

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Florida AG Flags NFL’s Rooney Rule

Florida AG James Uthmeier sent a warning letter to the NFL alleging that its Rooney Rule and related diversity initiatives violate state civil rights law by requiring consideration of race and sex in hiring and training decisions. In the letter, AG Uthmeier claims the Rooney Rule’s diverse-candidate interview requirements, draft-pick incentives tied to developing minority…

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AGs Bet on State Power in Sports-Wager Fight

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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Democratic AGs Move to Pull the Plug on $6.2 Billion Nexstar-TEGNA Merger

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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Odds Are: Arizona AG Hits Kalshi with Criminal Gambling Charges

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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