New Jersey Prediction Markets Face SCOTUS Appeal and 9% Tax Bill
New Jersey weighs a Supreme Court appeal on prediction markets while lawmakers advance a 9 percent tax on platforms like Kalshi, creating regulatory…
Kalshi Moves to Dismiss Mescalero Apache Tribe Lawsuit Over Jurisdiction
Kalshi argues federal preemption blocks the Mescalero Apache Tribe from asserting jurisdiction over its prediction market platform in the latest dismissal…
Cboe Binary KPI Options Seek SEC Approval for Earnings Metrics
Cboe Global Markets files for SEC approval of binary KPI options tied to company earnings metrics, extending prediction markets deeper into operational…
DraftKings DKeX Volume Stays Near Zero in Controlled Rollout
DraftKings is deliberately keeping DKeX volume near zero during its phased rollout after the Railbird acquisition, routing most trades to external venues…
SafeBets Founder Alex Konanykhin on No-Wager Prediction Markets
SafeBets redefines prediction markets by removing financial risk entirely. Founder Alex Konanykhin explains how no-wager forecasts can attract users and…
NBA Prediction Markets Shift After Raptors Re-Sign Kawhi Leonard
Toronto Raptors re-sign Kawhi Leonard and instantly reshape NBA prediction markets as sportsbooks reprice championship odds.
Kalshi and Polymarket Emerge as Takeover Targets in Prediction Market Consolidation
Bernstein analysts highlight Kalshi and Polymarket as potential takeover targets as prediction markets race toward vertical integration and distribution…
CFTC Sports Event Contracts Classification Bolsters Federal Preemption Claims
CFTC’s new gaming classification for sports event contracts strengthens federal preemption while creating fresh leverage points for tribes in prediction…
California Judge Blocks Cardroom Game Ban Impact on Tribal Balance
A San Francisco court ruling halts the statewide cardroom game ban, protecting cardroom revenue and shifting the tribal-cardroom power balance in…
Curaçao LOK Reshapes Offshore Licensing Amid Brazil Federal Rules
Curaçao’s new National Ordinance for Games of Chance replaces master licences with direct permits, raising compliance costs for offshore operators…