The Smoking Gun in Sports Event Contracts Litigation

How a shaky “event vs. outcome” split threatens state victories and strengthens Kalshi’s appeal chances

15 hrs ago • 

Lexicon Labs

November 2025

Federal Preemption Has Been Barking For Years: Is Kalshi’s Latest Setback in Nevada Justified?

Our call for economic purpose—not jurisdiction—as prediction markets march their way to a SCOTUS showdown

Nov 26 • 

Lexicon Labs

1

The Future of Sports Gambling in America: By the Numbers

Assigning SCOTUS probabilities across certiorari, questions presented, and the eventual outcome

Nov 20 • 

Lexicon Labs

1

1

1

Kalshi’s Gambit: The Bet That Could Break Sports Gambling

Prediction markets are testing the limits—and the law. Will all the dominoes fall?

Nov 13 • 

Lexicon Labs

8

3

2

Backdooring Sports Gambling is Precisely What Congress Wanted to Prevent

Our arguments have been in front of the Supreme Court all along

Nov 5 • 

Lexicon Labs

1

1

October 2025

Congress Didn’t Blink

Jurisdiction vs. Regulation: A critical distinction that clarifies the CFTC’s role in sports gambling

Oct 30 • 

Lexicon Labs

1

Sports Markets Are Heating Up

Part X (Finale): The closing bell rings, but the match isn’t over

Oct 24 • 

Lexicon Labs

1

Sports Markets Are Heating Up

Part IX: Kalshi goes global, courts go local: The preemption puzzle deepens

Oct 16 • 

Lexicon Labs

1

Sports Markets Are Heating Up

Part VIII: Preemption, swaps, sports futures & the CFTC’s tightrope

Oct 9 • 

Lexicon Labs

1

September 2025

Sports Markets Are Heating Up

Part VII: From courtrooms to boardrooms—betting on the future of sports markets

Sep 26 • 

Lexicon Labs

1

Sports Markets Are Heating Up

Part VI: Parsing the state law prong of the Maryland decision

Sep 4 • 

Lexicon Labs

1

August 2025

Sports Markets Are Heating Up

Part V: Why the Maryland decision may not hold up

Aug 27 • 

Lexicon Labs

1