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Derek Helling on Muck Rack

Derek Helling

(He/Him)
Madrid
As seen in: Apple Podcasts, Medium, Substack, Chicago Sun-Times, FOX Sports, Heavy, St. Louis Post-Dispatch, FanSided, OZY, Mashed and
Covers:  Negocios, ley, juegos de azar, tecnología, culturas, comida, viajando.
Doesn't Cover: Deportes
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Kalshi 'Settles' Lawsuit Against Montana Attorney General With Allowance for Ninth Circuit Opinio...

Kalshi 'Settles' Lawsuit Against Montana Attorney General With Allowance for Ninth Circuit Opinio...

defirate.com — Kalshi and Montana officials have reached agreement on a motion to dismiss the company's lawsuit in exchange for non-action promises from gambling regulators.
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Ninth Circuit Decision in Kalshi v. Assad Bears Ramifications With Montana Lawsuit 'Settlement'

Ninth Circuit Decision in Kalshi v. Assad Bears Ramifications With Montana Lawsuit 'Settlement'

Ballislife — Kalshi's lawsuit against Montana state government figures could soon officially become a non-concern for the parties involved.
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Tribal Gaming Interests Secure Win Against Prediction Markets at the Ninth Circuit

Tribal Gaming Interests Secure Win Against Prediction Markets at the Ninth Circuit

Ballislife — A federal judge will review a motion by two tribal gaming authorities within California's borders that could enjoin Kalshi and Robinhood from offering sports event contracts to people on the tribal groups' lands.
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CFTC Argues Jurisdictional Exclusivity in New York Hearing

CFTC Argues Jurisdictional Exclusivity in New York Hearing

defirate.com — Hearing follows judge change in Underdog lawsuit against Washington authorities and Arizona officials asking the Ninth Circuit to lift their injunction.
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Connecticut Escalates Prediction Market Enforcement Efforts, Prompting CFTC Response

Connecticut Escalates Prediction Market Enforcement Efforts, Prompting CFTC Response

Ballislife — The Commodity Futures Trading Commission has asked the US District Court for the District of Connecticut to block efforts by state authorities to enforce Connecticut gambling laws against sports event contract trading ongoing in the state.
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Kalshi Nevada Case Continues With Separate Appeals

Kalshi Nevada Case Continues With Separate Appeals

Ballislife — The Kalshi Nevada lawsuit is continuing with separate appeals to the full Ninth Circuit and US Supreme Court...
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Connecticut Sends Cease-and-Desist Orders Affecting Sports Contracts on Nine Exchanges

Connecticut Sends Cease-and-Desist Orders Affecting Sports Contracts on Nine Exchanges

defirate.com — Connecticut gambling regulators have ordered Polymarket and others to stop offering sports event contract trading to people in the state.
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VGW Reaches Settlement With New York to Avoid Further Penalties

VGW Reaches Settlement With New York to Avoid Further Penalties

Ballislife — Virtual Gaming Worlds has come to terms with New York Attorney General Letitia James in a way that will prevent any further enforcement actions against itself while enshrining the cessation of sweeps coin play that the company already deployed.
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Kalshi Certifies Gold and Silver Perpetual Contracts While Lawsuit Challenging Offerings Remains ...

Kalshi Certifies Gold and Silver Perpetual Contracts While Lawsuit Challenging Offerings Remains ...

defirate.com — Kalshi's self-certification of gold and silver perps raises the stakes of The CME Group's legal challenge to the CFTC's regulation of futures.
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Fanatics Has Infrastructure for Unique Prediction Market Offerings But Obstacles Limit Contracts

Fanatics Has Infrastructure for Unique Prediction Market Offerings But Obstacles Limit Contracts

Ballislife — While much of the news in the prediction market industry revolves around Kalshi and Polymarket, those are far from the only entities in the space in the United States.
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Utah Officials Get Support From Judges But Delay of Enforcement Actions Remains Possible

Utah Officials Get Support From Judges But Delay of Enforcement Actions Remains Possible

Ballislife — Another attempt by Kalshi to evade a perceived threat from authorities in Utah failed on Monday when two judges from the United States 10th Circuit Court of Appeals stated that Kalshi’s request for temporary protection fell short of the legal standards necessary to grant such relief.
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Kalshi suspends candidate Laurie Buckhout for trading on her own Congressional race

Kalshi suspends candidate Laurie Buckhout for trading on her own Congressional race

Ballislife — Kalshi has banned Laurie Buckhout from trading on its prediction market exchange for a period of three years and fined her $2,589.96 after investigating trades that Buckhout made on the platform.
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New Jersey Authorities Meet Deadline to Ask Supreme Court to Review Injunction in Kalshi Lawsuit

New Jersey Authorities Meet Deadline to Ask Supreme Court to Review Injunction in Kalshi Lawsuit

Ballislife — New Jersey Department of Gambling Enforcement Director Mary Jo Flaherty has officially asked the highest court in the US to weigh in on its dispute with Kalshi.
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New York Attorney General Asks Federal Court to Disregard CFTC Emergency Order to Kalshi

New York Attorney General Asks Federal Court to Disregard CFTC Emergency Order to Kalshi

defirate.com — The Monday letter from NY AG James disputes the validity of the CFTC's denial of Kalshi's emergency rule change for consideration in the agency's lawsuit against the state.
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Ninth Circuit's decision in Kalshi v. Assad bears substantial ramifications

Ninth Circuit's decision in Kalshi v. Assad bears substantial ramifications

Ballislife — The circuit split over the legal parameters of event contract trading related to sports on prediction markets across the United States has never been clearer after the US Ninth Circuit Court of Appeals issued an opinion in Kalshi v. Assad et al. on Friday.
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Kalshi Sanctions Congressional Candidate Laurie Buckhout Following Trades She Placed On Her Own R...

Kalshi Sanctions Congressional Candidate Laurie Buckhout Following Trades She Placed On Her Own R...

defirate.com — Laurie Buckhout, who is running to represent North Carolina's first congressional district, faces a fine and has been suspended by Kalshi after she traded on markets related to the race she is a candidate in.
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Connecticut officials get significant win, suffer small defeats in legal dispute with Kalshi

Connecticut officials get significant win, suffer small defeats in legal dispute with Kalshi

Ballislife — Decisions out of courtrooms for officials in Connecticut’s state government in their dispute with Kalshi were mostly positive this week as the United States District Court for the District of Connecticut paved the way for an escalation of that dispute.
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Montana becomes latest state to dodge Kalshi injunction request

Montana becomes latest state to dodge Kalshi injunction request

Ballislife — Kalshi faces legal vulnerability in another state as United States District Judge Donald W. Molloy refused to implement an injunction that could have handcuffed Montana officials from enforcing the state’s gambling laws.
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Connecticut Attorney General Escalates Action Against Kalshi Amid CFTC Lawsuit

Connecticut Attorney General Escalates Action Against Kalshi Amid CFTC Lawsuit

defirate.com — Connecticut AG joins fray of colleagues taking to state courts to seek order limiting residents' access to prediction market exchanges.
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Kalshi pulls sports-related mention markets as regulators scrutinize category

Kalshi pulls sports-related mention markets as regulators scrutinize category

Ballislife — Commodity Futures Trading Commission Chair Michael Selig is looking into whether “mention markets” should be available on prediction market exchanges and amid that inquiry, Kalshi has voluntarily restricted its offerings.
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Nevada gaming regulators discuss fines for Kalshi court order non-compliance

Nevada gaming regulators discuss fines for Kalshi court order non-compliance

Ballislife — Nevada gaming regulators are calling for law enforcement in the state to impose fines on Kalshi for what they call a failure to comply with a state court’s order.
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SEC Announces Forthcoming Regulations for Crypto Assets

SEC Announces Forthcoming Regulations for Crypto Assets

defirate.com — The Securities and Exchange Commission shared that it will soon publish new rules for investment contracts containing crypto assets, including exemptions from registration requirements.
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Fliff initiates process to launch prediction market exchange

Fliff initiates process to launch prediction market exchange

Ballislife — Online entertainment company Fliff could be on the verge of diversifying its revenue streams, as it has applied for a license to offer event contract swaps.
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Baltimore sues Kalshi and Polymarket over sports event contract offerings

Baltimore sues Kalshi and Polymarket over sports event contract offerings

Ballislife — The Baltimore City Council and Baltimore Mayor Brandon M. Scott have gone to court to try to stop Kalshi and Polymarket offering sports event contracts to people in the city.
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