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The proposal would eliminate the state’s recently enacted 1.75%-to-3.5% tax on sports prediction market transactions. An Illinois lawmaker is seeking to repeal the state’s newly enacted tax on sports prediction…

This football season ushers in a new era of betting on the games, as prediction markets hone in on the turf of FanDuel and DraftKings. Sportsbooks are adjusting, but it…

New court rulings, league scrutiny and fresh regulatory action shape another busy week for prediction markets, even as the sector continues to attract investment and expand distribution. Prediction markets navigated…

The league says exchanges continue to offer contracts it warned against months ago, including markets tied to injuries, personnel decisions and other sensitive events. The NFL is again calling on…

Turns out, quite a few people like American odds. ProphetX sent an announcement this week to the traders who subscribe to the prediction exchange’s Discord channel. It was almost identical…

When it comes to regulatory violations like Fanatics’ recent fine, stakeholders say the size matters less than the change that follows. The Colorado Limited Gaming Control Commission fined Fanatics Sportsbook…

Both request IT security audits in wake of Marshall Gramm case. In the days after Marshall Gramm accepted a suspension from the Horseracing Integrity and Safety Authority, two major entities…

The Garden State says Kalshi’s legal theory could have consequences far beyond prediction markets, potentially reaching traditional sportsbooks and casinos. New Jersey has asked the U.S. Supreme Court to decide…

Kalshi must remain geofenced in Michigan through the end of the case, with the court citing harm to youth, problem gambling, state revenue and tribal interests. A Michigan judge has…

Online consumers increasingly expect “high-assurance” age verification and minimal security risk. In the right circumstances, emerging Digital ID technology could see gambling operators onboarding new consumers with less friction and…