DraftKings Flutter Chase Prediction Markets Profits in
DraftKings and Flutter signal aggressive push into profitable prediction markets during Q1 earnings, while BetMGM, Penn, Caesars sit out. Discover…
Ninth Circuit Splits Kalshi Prediction Markets Appeals
Ninth Circuit denies California tribes’ request to consolidate Kalshi prediction markets appeal with Nevada case, while Kalshi seeks stay in Washington….
US Casino Sector Posts Steady Q1 Growth While Prediction Market Risks Move to the Forefront
US casinos deliver steady Q1 growth amid rising prediction markets risks. Executives eye regulatory shifts and pricing divergences in AGA’s latest outlook.
DraftKings CEO Jason Robins on Streamlined Execution and the Profitability Shift
DraftKings CEO Jason Robins credits streamlined execution for consistent adjusted EBITDA profitability, signaling a maturing iGaming market. Learn…
Prediction Markets Face Key Deadlines and State Bills
Prediction markets hit critical deadlines like Kalshi’s Iowa injunction and face bans in Minnesota while sweeps casino bills advance.
Kalshi Notches Arizona Win as Judge Grants Preliminary Injunction
Prediction markets just got a major regulatory green light in Arizona. Judge Michael T. Liburdi reversed his April denial, granting Kalshi a preliminary injunction. Key: CFTC”s exclusive jurisdiction over swaps preempts state gambling laws. Arizona”s cease-and-desist is halted—no criminal threats or partner license revocations while the case plays out.
New York Moves to Study Risks, Growth of Prop Bets
New York launches task force to probe prop betting risks amid micro-wager scrutiny. Discover revenue impacts, integrity threats, and consumer protections in
SEC Delays Approval of Prediction Market ETFs
SEC halts prediction market ETFs from Roundhill, GraniteShares, and Bitwise, citing regulatory overlap with CFTC. This pause highlights challenges in blending
Washington, D.C. Council Mulls Benefits, Harms of Legalized iGaming
Washington D.C.’s iGaming bill targets dual-currency sweepstakes, aiming to legalize regulated online casinos while blocking gray-market models. Unlock $500M
Federal Judge Grants CFTC Preliminary Injunction Against Arizona in Kalshi Case
Federal judge grants CFTC injunction against Arizona in Kalshi case, affirming exclusive federal jurisdiction over event contracts. This blocks state gambling