Macro
Precision over consensus. The model's hidden assumption. The question nobody asked.
AGA sees billion-dollar tax gap as states press prediction market fight
The AGA's estimate, offered at the conference, is that states have lost more than a billion dollars in tax revenue since prediction markets scaled.
Sixth Circuit ruling shifts legal ground as CFTC backs states
Polymarket bank failure bets draw FCA intervention warning
Bill Miller Says Kalshi Processed $190 Billion in Sports Bets Tax-Free
Nevada casino regulator warns prediction market platform Kalshi
Federal appeals ruling leaves Kalshi's equity contracts exposed
Nobody knows who owns it. Everyone assumes someone does.
Prediction markets eye equity contracts as SEC exemption opens a path
If a contract settles against a verifiable public outcome — a stock price on a given date, an index level at close — it can be structured to look less like a security and more like an event …
NCPG searches for new director after Kalshi donation fractures board
Kalshi loses federal preemption cases as circuit courts rule against it
Kalshi seeks Supreme Court review after third circuit loss
Regulators shift focus from Kalshi to Polymarket's terms of service
MGM pulls out of Caesars bid as Fertitta deal takes hold
Nobody thinks they are worth hacking. That is the appeal.
DraftKings drops 7.6% as investors weigh Kalshi's NFL growth
6% drop on no earnings news, no regulatory action, and no executive departure is the market asking a structural question about where sports betting margin goes from here.
State gaming lawmakers ask Supreme Court to weigh Kalshi's legal status
The underlying argument is one I have watched develop in slower form before.
Ohio's addiction council exit leaves CFTC mention rules without a floor
Prediction markets surge to $7.64 billion amid volume concerns
CFTC files crypto rulemaking package after Senate vote fails
Prediction markets put Healey far ahead in Massachusetts governor race
Polymarket faces Missouri cease-and-desist alongside Kalshi
The Missouri Attorney General's office sent a cease-and-desist order — the kind that carries legal consequences, not the kind that invites a conversation.
Half your team has never been in the same room. Pay them anyway.
Election officials' fraud fears over prediction markets reach Maryland
Dallas Cowboys trading volume exposes Texas prediction market fault line
Montana pauses Kalshi enforcement while Missouri presses forward
Missouri's attorney general moves against prediction market platforms
Tribal leaders left CFTC headquarters without answers on event contracts
AGA's state court strategy rests on a legal record that cuts both ways
Tres York, the AGA's vice president, cited it to argue that states have the legal tools to treat sports event contracts as illegal gambling without waiting for federal resolution.
Delaware has never seen you. It doesn't need to.
Texas Republicans consider suing over federal prediction markets
Polymarket names Warren Jenson CFO as Kalshi widens volume lead
VGW pays New York $8m to settle sweepstakes casino claims
Democratic governors put prediction market regulation on meeting agenda
Kalshi Struggles to Launch European Operations Without ESMA Approval
CFTC's vague gaming definition leaves European prediction markets at risk
The authority said manipulation and insider trading "reach new levels" on platforms with limited identity verification.
Underdog drops into five new legal battles after DFS retreat
Underdog Sports surrendered daily fantasy sports licences in seven states and filed federal lawsuits in five others, all within the same week.
ION and Coinbase build shared infrastructure for Kalshi contracts
Kalshi logs record trading week as NFL season opens under flat handle
Robinhood routes event contracts through OG.com as Kalshi ties fray
Elliott fires competition claim at LME over 2022 nickel cancellations
AGA's flat NFL handle exposes the cost of prediction market growth
The American Gaming Association's estimate for the 2026 NFL season is $29.
Polymarket enters foreign exchange with leveraged perpetuals
ParlayX secures $1.25m funding for prediction market infrastructure
CFTC tells court CME perpetual futures complaint is misguided
Bank of America sees Supreme Court deferring Kalshi ruling to 2027
Prediction market volumes fall for first time in a year
Sportradar expands Polymarket data deal to cover six new leagues
Polymarket surveillance chief says midterm controls are ready
Bautista, Polymarket's global head of investigations and intelligence, told Reuters that the company's surveillance systems are prepared for the approaching US midterm elections.