Ned Lamont News & Prediction Market Coverage
Track the latest Ned Lamont news across prediction markets. Prediction News is following 2 active Ned Lamont stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
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Frequently Asked Questions
Why did Connecticut sue Kalshi?
Connecticut sued Kalshi on August 26 seeking an injunction to block sports event contracts, arguing they amount to unlicensed sports wagering under state law.
What prediction market companies left Connecticut?
Three prediction market companies stopped operating in Connecticut after the state issued cease-and-desist orders.
Which prediction markets are still active in Connecticut?
The Department of Consumer Protection identified six remaining active operators: Polymarket, Coinbase, Crypto.com, Robinhood, Novig and Underdog.
Are prediction markets banned in Connecticut?
Prediction markets are prohibited from taking wagers on sports in Connecticut.
Did Ned Lamont issue cease-and-desist orders to Kalshi?
In December the gaming division issued cease-and-desist orders to Kalshi; Lamont announced broader orders against prediction market companies.
What is Connecticut's position on sports prediction markets?
The state maintains that sports event contracts on platforms like Kalshi constitute unlicensed sports wagering and has pursued enforcement actions including lawsuits.