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The regulator says New York’s attempt to stop Kalshi from offering event contracts threatens to disrupt derivatives markets nationwide. The Commodity Futures Trading Commission (CFTC) has issued an emergency order…

The filings, which cover spreads, totals, player props and other football markets, come days after the exchange self-certified its own combo products. DraftKings is preparing for football season with a…

Bloomberg reports Kalshi parlay players losing as much as $294 million since the start of the year, but the actual number is probably a lot more. Gambling Insider investigates. A…

Three legislators want a ban on personalized marketing to VIP customers. Three members of Congress are pressing MLB and the baseball players’ union to tighten sportsbook promotion policies following the…

The federal court decides that Kalshi is unlikely to prevail on either of its central legal arguments, while noting that sports generated up to 90% of the prediction market’s revenue.…

The National Council on Problem Gambling defends its Kalshi partnership by calling prediction markets the ‘latest evolution of gambling-like platforms.’ Almost three months after the National Council on Problem Gambling…

The federal regulator says pricing displays that obscure market depth or mislead traders could violate federal rules against manipulative practices. The Commodity Futures Trading Commission (CFTC) has warned the prediction…

Michigan and Nevada are set to become the first two states to force Kalshi to geofence its platform, marking a new phase in the fight over prediction market sports contracts.…

Despite a significant dip in second-quarter profitability, DraftKings’ prediction market volume has climbed nearly fivefold since April, with management expecting customer growth to accelerate further during the NFL season. Profits…

PENN’s four regional divisions combined to generate $1.505bn in revenue for a retail segment record. Adjusted EBITDAR rose 5.6% to $517.2m, lifting the retail margin to 34.4%. PENN shares closed…