News & Updates

Congress outlined how the CEA overrides state gaming laws in Maryland, but Kalshi was left out.

The state of Maryland contended in its most recent judicial brief against the prediction market that Congress specifically outlined the…

1 month ago

BetMGM appeals pre-trial to a higher court in an alleged fraud and breach of contract case.

In a New Jersey court action in which a BetMGM customer claims the firm permitted a VIP to enter a…

1 month ago

Coinbase and Kalshi Will Collaborate on Prediction Markets

Coinbase Global (NASDAQ: COIN) is likely to collaborate with Kalshi when it opens its prediction markets platform, which might happen…

1 month ago

The NFL warns Congress about the growth of prediction markets.

The NFL told a congressional committee on Thursday that it is concerned about the growth of prediction markets and that…

1 month ago

How Prediction Markets Made the World a Casino

When it comes to what you can gamble on these days, all bets are off. On prediction markets — platforms…

2 months ago

Congress is urged to reinstate the gaming loss tax deduction by prominent Las Vegas casinos.

In a desperate attempt to reverse a clause in the president's flagship legislation that will harm gamblers when it takes…

2 months ago

Aurora Increases Gaming Limits, Creating New Competition for Illinois Casinos

In an effort to help small companies and increase revenue, Aurora city officials have increased the number of gaming terminals…

2 months ago

Trump promises to “think about” doing away with the tax on winnings from gambling.

In an effort to further his administration's efforts to lower taxes on regular income, such as tips and overtime, President…

2 months ago

Kalshi and Crypto.com Create a Prediction Markets Coalition

The Coalition for Prediction Markets (CPM) was established by Crypto.com and Kalshi on Thursday with the goal of promoting "safe,…

2 months ago

FanDuel is the most recent defendant in the California DFS class action lawsuit.

Another fantasy sports case is being handled by the same legal company that represented the plaintiffs in class action lawsuits…

2 months ago