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New Jersey has already taken the circuit split to SCOTUS, giving Kalshi room to gamble on another round in the Ninth Circuit. Kalshi appears to be staffing up for another…

Kalshi’s case against the states rests on a single claim: that its event contracts are swaps, putting them under exclusive federal jurisdiction. Two federal appeals courts have now split on…

Los Angeles named Nasdaq Stockholm-listed supplier Evolution AB as a defendant in its Stake.us case in August 2025. The suit could redraw where legal liability stops for B2B gambling suppliers,…

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…