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A new 9th Circuit decision siding with Nevada against Kalshi has sharpened a federal split over whether sports event contracts are swaps or sports bets, making Supreme Court review more likely.
Casinos, sportsbooks and regulators are pressing harder against prediction markets after a federal appeals court said states can regulate the platforms as gambling.
MarketBeat identified seven casino stocks with the highest recent dollar trading volume, led by names spanning online betting, iGaming and land-based resorts.
Delaware regulators have continued pushing sweepstakes casino operators out of the state, with RealPrize and Lonestar joining earlier exits and player redemption deadlines set for September 2026.
A fake poll operation tied to a 21-year-old man has intensified debate over whether election prediction markets can be manipulated by bad information ahead of the midterms.
New industry and survey data show online sports betting is becoming a bigger part of how U.S. fans consume sports, with mobile access and live wagering driving engagement.
