Arkansas News & Prediction Market Coverage
Track the latest Arkansas news across prediction markets. Prediction News is following 6 active Arkansas stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
DOJ and CFTC sue Arkansas to block state gambling case against Kalshi
LegalFeds and CFTC sue Arkansas in escalating prediction market preemption fight
LegalPrediction market platforms sue Missouri and Arkansas over state crackdowns
LegalCFTC sues Arkansas to block state prediction market rules
LegalRobinhood sues Missouri as Kentucky sues Kalshi, Robinhood, and Coinbase over sports event contracts
LegalCalifornia tribes win first injunction blocking Kalshi sports contracts on tribal lands
Frequently Asked Questions
Is prediction market trading legal in Arkansas?
Arkansas AG Tim Griffin sued Kalshi in November 2026, alleging its sports event contracts are illegal gambling; Polymarket US and OG.com filed federal suits challenging enforcement.
Has Arkansas sued Kalshi?
Yes, AG Tim Griffin filed a consumer protection lawsuit against Kalshi on November 4, 2026, seeking restitution, penalties, taxes, and an injunction.
What is Arkansas's position on event contracts?
The AG has stated that wagering on sports outcomes like Razorbacks games is gambling prohibited under state law regardless of 'prediction market' labeling.
Are Polymarket or other platforms facing action in Arkansas?
Polymarket US and OG.com preemptively sued Arkansas in federal court after the Kalshi filing, seeking to block gambling law enforcement against their contracts.
Does Arkansas tax prediction market winnings?
Arkansas taxes gambling winnings as income at rates of 2% to 3.9%; losses are deductible only up to winnings when itemizing.
What sports betting is allowed in Arkansas?
Arkansas permits in-person and limited online sports wagering at licensed casinos but treats unlicensed event contracts as illegal gambling.