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Tennessee Demands That Polymarket, Kalshi and Crypto.com End Sports Prediction Markets

Polymarket and other leading prediction market platforms were ordered to immediately close all sports-related markets in the state and refund pending wagers.

In brief
Tennessee ordered Polymarket, Kalshi, and Crypto.com to shut down sports prediction markets and refund wagers.
The companies have previously said that states lack authority to do so, claiming the markets are federally regulated.
The escalati… [2149 chars]

Source: Decrypt | Published: 2026-01-12T17:39:40Z

Credit: Decrypt

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