【Unibet odds】-Illinois regulator sends C&Ds to Kalshi, Robinhood and Crypto.com
location：Willbet APP Real Money Gambling Emirates Casinos > willbet login > 【Unibet odds】-Illinois regulator sends C&Ds to Kalshi, Robinhood and Crypto.com
-
Updates
Allt om Klubbpotten på nya casinot Spelklubben Who Will Replace Derek Carr? Saints’ Top Quarterback Options for 2025 Trump Tariffs Affect Alberta’s VLT Buys Casino Jokes and Puns That’ll Knock Your Socks Off! En läcker och annorlunda Egypten Michigan Takes Action Against Two Offshore Casinos CFTC prediction markets feedback shows fractured approach NL West Is the Best Division in Baseball and It’s Not Close Vinn upp till 101 830x i ny spion Alabama's Gambling Effort Stalls in Senate Steve Cohen’s Citi Field Casino Bid Receives Much Betting slip controversy prompts PropSwap policy overhaul Allt om Klubbpotten på nya casinot Spelklubben Scientific Games Supplies Iowa with Self Indiana moves within a signature of banning online lottery couriers
-
Tags
# FanDuel Casino # willbet app download # willbet Delaware # WillBet365 # willbet app for android free download # willbet soccer prediction # Qq willbet casino login # willbet.es live # willbet Sports Betting # willbet careers
-
Catalogs
willbet app for android free willbetsnow slingers willbet login willbet World Cup game willbet2 wild 2 die willbet online casino real money willbet casino Delaware Palms Bet willbet app download apk willbetslayers inc
The Illinois Gaming Board (IGB) sent cease-and-desist letters to Kalshi, Robinhood and Crypto.com regarding their sports contract offerings on Tuesday (1 April).
The letters alleged the businesses were engaged in unapproved sports wagering, and therefore illegal gambling, and ordered them to cease the activities or face financial and civil penalties.
This means the Prairie State has become now the fifth in the US to send letters challenging the burgeoning sports contract vertical after Nevada, New Jersey, Ohio and Connecticut.
The Kalshi letter, addressed to CEO Tarek Mansour and chief regulatory officer Eliezer Mishory said: “The IGB is aware that Kalshi is engaged in sports wagering activity in Illinois over the internet and on mobile devices. The IGB has neither licensed nor authorised Kalshi to engage in sports wagering activity.
“Consequently, Kalshi’s activity constitutes illegal gambling in violation of Illinois law. Accordingly, Kalshi and anyone affiliated with its operations are directed to cease and desist this illegal activity. Failure to comply may subject Kalshi to civil or criminal penalties.”
Top Kalshi lawyer exits for DOGE role
Following the issuing of the letter, Bloombergreported sources familiar with the matter said Mishory, who is Kalshi’s top lawyer, had exited the prediction market to lead the DOGE team at the US Securities and Exchange Commission.
This comes amid a series of legal battles for the prediction market platform, which is now simultaneously suing the Nevada Gaming Control Board, the New Jersey Department of Gaming Enforcement and the Commodity Futures Trading Commission (CFTC).
These cases could set the stage for the most significant gaming legal test since the 2018 PASPA repeal, by confirming or denying the legality of sports events contracts in the US.
These, which are regulated federally by the CFTC, faced a shaky legal start amid a clampdown by the sceptical Biden Administration, which had also opposed political event contracts.
However, the Trump White House is widely considered to be much more friendly to the new derivative products, and has tapped a former Kalshi board member to lead the CFTC.
This comes as the president’s son, Donald Trump Jr., is also paid by Kalshi as a strategic advisor to the business.