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Crypto.com Prediction Market Faces Regulatory Setback, But Battle Far From Over
Yahoo Finance· 2025-10-10 02:10
It seems like the legal tide might be turning against prediction market companies in the fight against state regulators in the United States, with a Nevada federal judge denying Crypto.com’s request for relief last Thursday. Crypto.com, like current market leader Kalshi before it, had preemptively sued the Nevada Gaming Control Board in June, seeking a preliminary injunction that would block any attempt by the gaming control board to impose its own regulations on the company or block it from opening its p ...