Location: +United States
Why Schwab isn’t interested in offering prediction markets [VIDEO]
With Robinhood and Coinbase jumping into prediction markets this year, more financial players have tied their growth to products once... more
Congressman urges Commodity Futures Trading Commission to review Kalshi-CNN deal
Congressman Abe Hamadeh has called on federal regulators to review the partnership between news broadcaster CNN and prediction market... more
Coinbase sues three states over prediction market regulation
Cryptocurrency exchange Coinbase has filed lawsuits against Michigan, Illinois, and Connecticut over their attempts to regulate prediction... more
Kalshi and other prediction markets should scare sports leagues
Adhi Rajaprabhakaran began trading in prediction markets in summer 2020. Then a couple of years out of college, he started with bets on... more
Arizona’s move to revoke Underdog’s DFS license could shape industry
Arizona regulators’ move to revoke Underdog’s daily fantasy sports license in the state due to its prediction market relationship... more
DraftKings launches prediction market without Railbird
A month after cutting ties with the American Gaming Association, DraftKings formally announced the launch of its prediction-market... more
Canadian printing technologies company Nanoptix sold to California private equity firm Salt Creek Capital
Nanoptix, a provider of printing technologies for the global gaming, lottery and kiosk industries, announced on Friday that it has closed... more
IRS confirms $2000 slot jackpot threshold begins in 2026
A long-awaited update to slot jackpot tax reporting included in the One Big Beautiful Bill Act will take effect in 2026, the Internal... more
OPINION: How an overstuffed omnibus bill birthed a ludicrous federal tax on gambling losses
The problem with big omnibus-style spending bills — whether they’re “beautiful” or not — is that it’s pretty easy for a few horrible policy... more
Prediction market trading volume could hit $1 trillion by end of the decade, report says
Prediction market platforms could expand dramatically and reach about US$1 trillion in annual trading volume by the end of this decade,... more
