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55 articles
US commercial gaming hit $78.61 billion in 2025 and tribal gaming hit a record $46.2 billion, even as prediction markets cost states over $1.21 billion in tax revenue.
Kalshi and Polymarket posted record trading volumes during the 2026 World Cup, with US prediction markets hitting 20 billion dollars in notional volume in just 12 days.
Ireland's GRAI has warned Polymarket and Kalshi it will seek High Court blocking orders over unlicensed access for Irish users, joining France, Italy and Spain in a growing European crackdown on prediction markets.
A Manhattan federal judge denied Kalshi's emergency injunction for the second time in three weeks on July 28, 2026, even as a Minnesota court blocked that state's prediction market ban on the same day. The diverging rulings deepen a national legal split expected to reach the Supreme Court.
A bipartisan federal bill would require sportsbooks and prediction markets to verify bettors' ages with facial recognition scans, and critics say key details are missing.
France's gambling regulator ANJ has ordered internet providers to block Polymarket, ruling it an unlicensed gambling site after finding no identity checks and manipulated weather bets.
The American Gaming Association and Indian Gaming Association are pushing Congress to ban sports event contracts at a July 21 House hearing on prediction markets like Kalshi and Polymarket.
WSEX co-founder Jay Cohen, the first offshore bookmaker convicted under the Federal Wire Act, has published a memoir on his prosecution, prison term and sports betting's pioneer years.
FIRST.bet and ADI Predictstreet are launching a joint FIFA World Cup 2026 Prediction Hub to bring regulated prediction markets to FIRST.bet's Latin America operator network.
Ireland's Gambling Regulatory Authority says it can seek High Court blocking orders on both site access and funding as it weighs action against a major prediction market operator.
A House Agriculture subcommittee will examine customer protections and market integrity in sports event prediction markets on July 21, 2026. Here is who is testifying, what is at stake, and why the CFTC and the states are on a collision course.
Council of Europe Secretary General Alain Berset says the 2026 World Cup pushed betting and in-stadium prediction markets into risky new territory, and wants a binding integrity framework built before 2030.