Feed / Enforcement & compliance
By The Weekly Edge desk ·
EGR reported that George Santos agreed a $35,000 settlement with CFTC. The case concerned allegations that he profited from a Kalshi market about his attendance at the State of the Union.
The agreement resolves the regulator’s market manipulation investigation.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
Operators face unresolved gaming definitions as the CFTC deliberates and Nevada and New Jersey assert authority over sports-outcome contracts.
The lawsuit contests whether Wisconsin’s gambling laws apply to Novig’s sports contracts or federal commodities jurisdiction takes precedence.