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A legal fight unfolding in Wisconsin over prediction market trading is now drawing in a fresh federal ruling from Arizona, as Kalshi presses its argument that federal regulators, not states or tribal governments, control the space. In a filing dated Monday (April 13), Kalshi and an affiliate pointed to the U.S. District Court for the […]
A Live Nation employee admitted to turning a blind eye when brokers were buying up big blocks of tickets, saying “normally I’d look other way,” according to newly released court documents. The chat logs, which surfaced as part of a federal antitrust lawsuit against Ticketmaster and its parent Live Nation, appeared to undermine Live Nation’s […]
Due to the ongoing lawsuit, the Ho-Chunk Nation has moved to block Kalshi from offering sports contracts for the duration of the legal battle. According to legal documents shared by gaming lawyer Daniel Wallach, the Ho-Chunk Nation has moved for a preliminary injunction to prevent Kalshi from offering sports event contracts on the Tribe’s lands […]
Live Nation CEO Michael Rapino and Smith Entertainment Group CEO Ryan Smith said this week live events are more central than ever to culture and commerce in a post-pandemic world. The executives spoke at CNBC Sport and Boardroom’s Game Plan conference on Tuesday, saying the demand for in-person events has been unmistakable. “No matter what […]
