First-time customers can capitalize on tonight’s NBA Play-In Tournament games by activating our exclusive Kalshi promo code ...

New York, New Hampshire and Rhode Island tax sports betting revenue at 51%, while Delaware taxes it at 50%. Illinois taxes ...

Bookmaker DraftKings Inc. has withdrawn an application for a license to sell derivatives in a sign of the gambling industry’s ...

A DraftKings-connected company is no longer a pending member of the self-regulatory organization for the U.S. derivatives ...

Several states already sent cease-and-desist letters to platforms such as Kalshi that offer sports prediction contracts, ...

The CEO of Kalshi says the prediction markets exchange should not be treated as a gambling operation, in part because the U.S ...

Tennessee has begun to wrestle with the prediction markets, as it weighs up allowing them to operate in the state legally.

Kalshi shows no signs of slowing down its foray into sports prediction markets after a strong performance on the Masters ...

The Ohio Casino Control Commission is preparing to get sued over its attempt to shut down trading of sports event contracts ...

In a letter sent to the CFTC, the Tennessee Sports Wagering Council — the state’s regulator for sports betting — expressed strong opposition to sports event contracts currently being offered within ...

The Wire Act and tribal sovereignty could be the next legal battlegrounds. The post Sports Prediction Markets Still Face ...

Kalshi obtained another legal victory when the US District Court for Nevada granted its motion for a preliminary injunction ...