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News Kalshi Rejects Wash-Trading Claims After ETH-PERP Volume Draws Scrutiny

Kalshi is pushing back on wash-trading allegations after critics questioned how its ETH-PERP market recorded about $539 million in daily volume with roughly $3.1 million in open interest.

Joe Boozell • 35 minutes ago

News Report: Sportsbooks to Keep Majority of NFL Betting Handle as Prediction Markets Reach 21%

Eilers & Krejcik Gaming projects $40.5 billion in NFL betting this season, with mainstream sportsbooks expected to handle $31.7 billion and prediction markets $8.4 billion.

Joe Boozell • 1 hours ago

News Socgen Midterm Model Uses Kalshi and Polymarket Pricing, Sees Democratic House and Toss-up Senate

Société Générale says Democrats are strongly positioned to win the House, while the Senate remains too close to call, with Kalshi and Polymarket pricing feeding into the bank’s model.

Joe Boozell • 1 hours ago

News DraftKings Challenges Cantor Patent Listing Commerce Secretary Howard Lutnick as Inventor

DraftKings has asked the U.S. Patent and Trademark Office to invalidate 18 claims in a Cantor Fitzgerald patent covering sports betting geolocation technology.

Joe Boozell • 2 hours ago

News Kalshi Market Points to Shedeur Sanders First Browns Start in Weeks 3-4

Kalshi's NFL market now prices Shedeur Sanders' first Browns start in Weeks 3-4 as the most likely outcome, even as Cleveland says Deshaun Watson remains QB1 for Week 2.

Joe Boozell • 2 hours ago

News Report: Polymarket Signup Flaw Exposed Existing U.S. Accounts in Late-July Fraud Attack

A Wall Street Journal report says nearly 500 Polymarket U.S. users were affected after a signup flaw reportedly let people using stolen personal information access existing accounts and linked payment methods.

Joe Boozell • 3 hours ago

News House Ways and Means Panel Votes to Reverse Gambling Loss Tax Change

The House Ways and Means Committee voted 38-5 to restore the 100% gambling loss tax deduction, reversing a 90% cap set to take effect next year.

Vanessa Phillimore • 3 hours ago

News Gemini Stock Slump Revives Talk of a Prediction-Market Gateway Deal

Gemini’s sharp post-IPO decline is reviving acquisition speculation, with attention focused less on its exchange business and more on the value of its U.S. regulatory infrastructure.

Joe Boozell • 4 hours ago