7 results

• DraftKings Lawsuit Indicates ‘Event Contracts’ Are Nothing More Than Sports Bets

  September 11, 2026

  Michael Adams

  A South Carolina man’s lawsuit claims DraftKings and other prediction market operators are illegally offering sports betting through financial “event contracts.”

• Kalshi Sports Betting Lawsuit Alleges Prediction Market Violates Connecticut Gambling Laws

  September 3, 2026

  Michael Adams

  A lawsuit from the state of Connecticut alleges Kalshi operates an illegal, unlicensed sports betting platform by offering event contracts through its prediction market.

• Lawsuit Alleges DraftKings Predictions ‘Event Contracts’ Are Unlicensed Sports Betting

  August 25, 2026

  Michael Adams

  A California man has filed a class action lawsuit alleging DraftKings offers sports betting through its Predictions platform in states where it lacks sportsbook authorization.

• DraftKings Predictions Lawsuit Seeks Refunds for Illegal Sports Betting Losses

  August 11, 2026

  Michael Adams

  Three consumers have brought a proposed class action alleging DraftKings operated its Predictions platform as an unlicensed sportsbook by characterizing traditional sports wagers as "event contracts."

• Class Action Lawsuit Claims DraftKings Is Dodging State Gambling Laws

  July 31, 2026

  Irvin Jackson

  A new sports betting lawsuit claims DraftKings Predictions is a sportsbook in disguise, using a legal loophole to provide online sports gambling in states where the practice is illegal.

• Polymarket Gambling Lawsuits To Be Consolidated Into Single Class Action

  June 24, 2026

  Michael Adams

  A federal judge has consolidated two proposed class action lawsuits alleging Polymarket illegally operated an unlicensed online sportsbook while marketing the platform as a legal prediction market for sports betting nationwide.

• Class Action Lawsuit Calls Polymarket Illegal Sports Betting Site

  February 19, 2026

  Michael Adams

  A class action lawsuit alleges that Polymarket is operating as an illegal sports betting platform nationwide, claiming its event contracts function as unlicensed wagers that violate state gambling laws, despite advertising itself as “legal in all 50 states.”