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Underdog sues Connecticut over sports prediction-market crackdown

Underdog has sued Connecticut officials in federal court, seeking to block the state from treating its sports-related prediction-market contracts as illegal gambling, The Block reported. Underdog is seeking declaratory and injunctive relief to continue operating in Connecticut, arguing that it is a

September 18, 2026 2 min read
Underdog has sued Connecticut officials in federal court, seeking to block the state from treating its sports-related prediction-market contracts as illegal gambling, The Block reported. Underdog is seeking declaratory and injunctive relief to continue operating in Connecticut, arguing that it is a federally regulated designated contract market (DCM) and that the Commodity Futures Trading Commission...
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