News

Rhode Island Takes Kalshi and Polymarket to Court

Rhode Island is suing Kalshi and Polymarket, claiming their "event contracts" are illegal sports betting. Here's what the lawsuit means for prediction markets across the US.

Iowa Governor Signs New Sweepstakes Casino Enforcement Law

Iowa Gov. Kim Reynolds signed a new bill giving regulators stronger powers to investigate and penalize sweepstakes casinos.

The CFTC Just Sued Minnesota Over Prediction Markets Ban

Minnesota just became the first state to completely ban prediction markets—and the CFTC sued them 24 hours later. Here is what the high-stakes lawsuit means.

Dana White Wants Donald Trump to Fix America’s Gambling Tax Problem

UFC CEO Dana White is lobbying President Trump to repeal a controversial tax law capping gambling loss deductions. Here is how it impacts bettors and the UFC.

Did COVID Relief Funding Create the Conditions for American iGaming Expansion?

The end of COVID-era relief funds from the federal government has created potential fiscal cliffs in 12 states. In places like Illinois and New York, legalized online casino gaming may be a solution to the existential budget crisis.