6 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.

• Kalshi Betting Class Action Claims Prediction Market Exploits Users’ Gambling Addictions

  May 20, 2026

  Michael Adams

  As prediction markets continue to raise concerns about encouraging gambling addiction among a generation of young adults, a Kentucky man has filed a class action lawsuit alleging that Kalshi operates an illegal online betting platform.