Kalshi’s SCOTUS Pregame: Wait for the CFTC to Rewrite the Rules
New Jersey asked the Supreme Court on Sept. 2 to step in as the Third and Ninth Circuits produced a split on whether states can regulate sports bets offered on…
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Hungary Moves to Abolish Regulator Behind Controversial 35-Year Casino Deal
Hungary’s new government has ordered a report on how to terminate the authority that oversees gambling, tobacco, and concessions, six weeks after that authority extended a casino license to 2061…
‘I Screamed so Loud That I Scared My Son’: Michigan Woman Wins $1 Million on Scratch-Off
A 58-year-old Kent County woman won the top prize on the Michigan Lottery’s $1,000,000 Bonus Scratch Multiplier and elected a lump sum worth about 69% of face value. Two more…
‘An Unserious Company’: Santos Fires Back at Kalshi Lifetime Ban
Kalshi issued its first permanent ban on Monday, barring former U.S. Rep. George Santos and fining him $71,356 over trades on his own State of the Union attendance. The exchange…
Ninth Circuit Ruling Sets Up a Kalshi Supreme Court Fight on Sept. 3
New Jersey has until Thursday to ask the U.S. Supreme Court to review a Third Circuit decision protecting Kalshi’s sports event contracts from state gambling law. On Friday, a federal…
NFL Returns to Draftkings and Fanduel, Still Shuns Prediction Markets
The NFL signed new multi-year sports betting deals with Draftkings, Fanduel, and Fanatics on Thursday, ending a five-month gap without an official sportsbook partner. All three agreed to bar wagers…
Polymarket Pulls NFL Contracts, Certifies Bitcoin Bets The Same Day
Polymarket’s US-serving platform withdrew both of its NFL player participation filings on Aug. 26, one day after certifying them with the CFTC and one day before the listing date it…
Trump Media Drops ‘Truth Predict’ Buildout, Chooses Crypto.com Instead
Trump Media has abandoned plans to build a prediction market directly into Truth Social, opting instead to market Crypto.com’s existing prediction products to its users. Trump Media Scraps Original Prediction…
Kalshi Nears Sponsorship Deal With Times-Owned The Athletic
Kalshi is in advanced talks to become a sponsor of The Athletic, filling a commercial slot the sports title has left open since its exclusive Betmgm partnership lapsed. No agreement…
UK Gambling Lobby Puts Illegal Premier League Bets at $1.09B
The UK’s Betting and Gaming Council (BGC) says unlicensed operators could take up to $1.09 billion in Premier League wagers this season, rising to about $1.36 billion once a betting…
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