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Risk

Stillness as a tell. The tail risk nobody wants to price. Always finds the thing the market is ignoring.

Risk

California Gaming Association Chair Challenges CFTC Swap Redefinition

One would expand the definition of a "swap" to capture event contracts — the instrument Kalshi has used to argue federal preemption of state gambling law.

James Harrington 54m ago
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MGM and Caesars step back from prediction markets over licence risk

James Harrington 7h ago
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DraftKings AI lawsuit spreads beyond Massachusetts court

James Harrington 1d ago
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MGM warns Nevada licence threat will outlast prediction market ruling

James Harrington 2d ago
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CME's Terry Duffy says 2,500 self-certifications drew no CFTC objection

James Harrington 3d ago
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Third Circuit and Ninth Circuit split forces Supreme Court to weigh in

James Harrington 3d ago
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The spread is where your edge quietly goes to die.

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Risk

CFTC proposes treating event contracts as swaps in review

CFTC Chairman Mike Selig has been explicit about his reading of the agency's jurisdiction.

James Harrington 4d ago
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Tribal leaders turned down Mansour's Kalshi advisor offer

James Harrington 6d ago
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SAFE Bet Act puts federal gambling standards before a split Congress

James Harrington 6d ago
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Kalshi circuit split deepens as Supreme Court filing date nears

James Harrington 7d ago
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Gaming regulator launches AI investigation into DraftKings betting tools

James Harrington 7d ago
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Ninth Circuit dealt states their first real win against Kalshi

James Harrington 8d ago
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Delaware has never seen you. It doesn't need to.

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Risk

NCLGS amicus brief backs New Jersey bid for Supreme Court review

The National Council of Legislators from Gaming States has now filed an amicus brief behind that petition, and the argument they are making is not the one most people in this industry expect…

James Harrington 9d ago
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Stake's Curaçao license predated resolution of its ownership questions

The Curaçao framework has operated for years as the offshore jurisdiction of choice for crypto gambling operators who want a legal wrapper without the compliance burden that Malta, Gibraltar…

James Harrington 10d ago
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DraftKings holds its NFL market share lead as prediction unit grows

James Harrington 11d ago
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FX1 and Twenty First Group target combat sports data gap for sportsbooks

James Harrington 11d ago
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CFTC opens fraud inquiry into Polymarket after platform CEO alerted

James Harrington 12d ago
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NFL season betting split puts prediction markets at one-fifth of action

James Harrington 13d ago
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Underdog's Connecticut lawsuit puts CFTC authority on trial

When a regulated platform files for declaratory judgment and a permanent injunction in the same motion, it is not running a legal defense.

James Harrington 14d ago
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Nobody became a founder to file expense reports.

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Risk

Underdog seeks court order blocking Connecticut sports contract oversight

James Harrington 14d ago
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Tunica-Biloxi tribe secures settlement as court limits Kalshi's immunity

James Harrington 15d ago
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Indiana gaming director questions CFTC legal basis for silence

James Harrington 15d ago
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CFTC's quiet expansion leaves tribal and state conflicts unresolved

James Harrington 16d ago
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Michael Selig's Silence Signals Intent to Jason Giles

James Harrington 16d ago
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California tribal ruling gives states a new path to restrict Kalshi

Judge Margaret McKeown wrote that the lower court had erred in treating those contracts as federally regulated derivatives.

James Harrington 17d ago
Partner

Eleven subscriptions. Nine of them do the same thing.

Zoho Sponsored
Risk

Genius Sports sees no bad outcome as prediction markets fight states

James Harrington 18d ago
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Crypto.com and Robinhood take CLARITY Act fight to Supreme Court

James Harrington 18d ago
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Dutch monopoly renewal bets on Council of State ruling its own way

James Harrington 19d ago
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Governor warns prediction markets threaten student athlete integrity

James Harrington 20d ago
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FanDuel CEO touts prediction markets despite state bans

James Harrington 21d ago
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Underdog Predict joins nine-platform halt as Connecticut widens net

Polymarket.

James Harrington 21d ago
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Connecticut cease-and-desist orders reach eight platforms beyond Kalshi

com, Robinhood, ProphetX, Novig, Webull, Gemini, and Underdog Predict to immediately stop offering sports event contracts to Connecticut residents.

James Harrington 22d ago
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Michigan Judge Blocks Kalshi From Operating in State

James Harrington 23d ago
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Travis Weaver introduces bill to repeal gaming tax

James Harrington 23d ago
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VGW pays New York $8 million to settle sweepstakes casino claims

James Harrington 24d ago
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Kalshi swap claim covers under one percent of its contracts

James Harrington 24d ago
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Kalshi suspends three candidates who bet on their own races

What it has done is establish, without much fanfare, that the conflict-of-interest question in prediction markets is no longer theoretical.

James Harrington 25d ago
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Cayuga Nation has until September 22 to answer Caesars dismissal bid

James Harrington 25d ago
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Google Engineer Faces Insider Trading Charges Over Polymarket Bet

James Harrington 26d ago
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FCA review forces UK platforms to choose their regulator

James Harrington 27d ago
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Polymarket's foreign exchange move tests a market built for catastrophe

James Harrington 27d ago
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NFL's single-play contracts draw fresh manipulation scrutiny

James Harrington 29d ago
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Missouri attorney general says prediction markets owe sports betting taxes

James Harrington 29d ago
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Kalshi's international push rests on a framework still being built

For Kalshi, plugging into that infrastructure is faster than building a parallel distribution network from scratch.

James Harrington 31d ago
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Kalshi plans crude oil perpetuals as sports case heads to Supreme Court

James Harrington 32d ago
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Nic Brereton's second licence suspended inside five months

James Harrington 33d ago
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Casino lobby frames prediction markets as unlicensed gambling

James Harrington 34d ago
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Kalshi bets NFL season volume will outrun its legal trouble

James Harrington 35d ago
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FlightAware drops lawsuit against Kalshi as federal courts diverge

James Harrington 37d ago
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DraftKings expands into player availability markets following Kalshi's lead

James Harrington 38d ago