
Underdog sues Tennessee, its 7th state fight over prediction bets
Underdog has sued Tennessee regulators to block a cease-&-desist order targeting its prediction market business.
Every InfoBets story about betting in Tennessee, United States: the regulator, the courts, tax & the operators, newest first, each with its sources.

Underdog has sued Tennessee regulators to block a cease-&-desist order targeting its prediction market business.

A federal appeals court says Tennessee & Ohio can regulate Kalshi's sports event contracts as gambling.

A federal appeals court ruled Kalshi's sports-event contracts are not swaps & states can enforce gambling laws against them.

The Sixth Circuit ruled unanimously that states can apply their gambling laws to Kalshi's sports event contracts.