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Ohio says it will enforce its sports-gambling laws against Kalshi after a federal appeals court ruled the company’s sports-event contracts are not protected from state regulation.
North Carolina has now recorded 12 consecutive months with more than $500 million wagered on sports, while counselors say more clients are seeking help for betting-related harm.
DraftKings plans to increase investment in DKeX, but early data cited in a new report shows Kalshi still dominates sports-related prediction market volume.
DraftKings shares fell to their lowest level in more than three years Thursday, while FanDuel parent Flutter also traded near multi-year lows in a broader online betting sector selloff.
Florida’s governor race has drawn major gambling-sector money, with the Seminole Tribe, DraftKings and FanDuel all contributing to Republican Byron Donalds’ fundraising advantage.
A University of Mississippi study found 39% of college students gambled in the past year, while 10% of student sports bettors were at moderate risk for problem gambling and 6% met problem-gambling criteria.
