Former Cuomo aide says New York should start taxing Kalshi and other prediction market operators. SARATOGA SPRINGS, NY – The story of the year in gambling has been the legal…
More than 99% of the votes backed the acquisition, with the expectation of closing at the end of 2026 or early next year. Bally’s Intralot’s acquisition of Evoke has moved…
Self-reported gambling has fallen sharply over the past decade, but prediction markets and a wide gap between phone and online responses complicate the picture. Are Americans actually gambling less, or…
While Kalshi continues to sustain legal defeats, Pennsylvania lawmakers are pushing to regulate prediction markets within state borders. It wouldn’t tax. It wouldn’t license. It wouldn’t ban sports event contracts.…
Fresh court pressure on the CFTC, new geofencing deadlines and another wave of July betting data headline the week ahead. Prediction markets remain the biggest gambling story on the industry’s…
Kalshi says Nevada investigators misrepresented their residence and “actively worked to circumvent” restrictions that blocked them from trading after the Aug. 12 deadline. Prediction market platform Kalshi has accused Nevada…
The CFTC “lacks the authority to dictate an order that conflicts with this Court’s decision,” according to the denial. A Connecticut judge has denied Kalshi’s emergency motion for an injunction…
Bally’s says it is pursuing asset sales, equity and new debt as liquidity pressure grows alongside major casino development projects. Bally’s Corporation reported strong revenue growth in the second quarter,…
While the CFTC is showing signs that it’s willing to regulate prediction markets, one operator is taking its own steps toward responsible trading. Here’s a look back at some of…
The Ladbrokes and Coral owner absorbed a £56 million H1 EBITDA hit from increased remote gaming taxes, with the full impact still to come in H2. Entain says the U.K.’s…