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News House Panel Advances Bill to Restore Full Gambling Loss Tax Deduction

A House tax-writing committee approved legislation to restore the full federal deduction for gambling losses, sending the measure to the full House ahead of a Jan. 1, 2027 deadline.

Joe Boozell • 1 minutes ago

News Texas Senators Hear Calls to Geofence Prediction Markets as Kalshi Warns of Offshore Shift

Texas lawmakers heard sharply different views on whether prediction markets are distinct from sports betting, with the AGA urging litigation and geofencing and Kalshi warning bans would drive users offshore.

Joe Boozell • 31 minutes ago

News Missouri AG Sends Cease-and-desist Letters to 6 Prediction Market Operators Over Sports Event Contracts

Missouri Attorney General Catherine Hanaway says six prediction market operators must stop offering sports event contracts in the state unless they obtain gaming licenses.

Joe Boozell • 1 hours ago

News Baltimore Suits and NYC Probe Add New Pressure on Prediction Market Operators

Municipal lawsuits in Baltimore and a New York City Council investigation are expanding the legal risks for prediction market operators beyond the federal preemption fight.

Joe Boozell • 1 hours ago

News Ohio iGaming Bill Would Tie Online Promotions to Retail Casinos

An Ohio iGaming proposal would block online promotional credits and require promotions to benefit brick-and-mortar casinos and racinos, while limiting licenses to the state’s 11 existing gaming properties.

Joe Boozell • 2 hours ago

News Sydney Sweeney Takes Equity, Creative Role in Novig as Sports Prediction Market Pushes Viral Ad Campaign

Sydney Sweeney is not just the face of Novig’s latest campaign. Fortune reports she became an equity partner and creative director at the sports prediction market before the ad launched.

Joe Boozell • 2 hours ago

News Tunica-Biloxi Tribe Launches Tribal Prediction Market App With Kalshi

The Tunica-Biloxi Tribe of Louisiana announced what it described as the first tribal nation prediction market app, launched through SaltTrade Derivatives and powered by Kalshi.

Joe Boozell • 3 hours ago

News Seminole Casino Hotel Immokalee Reports Four Slot Jackpots Topping $100k

Seminole Casino Hotel Immokalee said four players won a combined $510,472 on slot machines between Aug. 7 and Aug. 27, including a top payout of $154,037.

Joe Boozell • 3 hours ago