Washington’s College Betting Bill Validates the Prediction Market Pressure Thesis
Washington passes SB 6137 as tribes cite Kalshi by name. Prediction markets are forcing holdout states to legalize sports betting.
Washington passes SB 6137 as tribes cite Kalshi by name. Prediction markets are forcing holdout states to legalize sports betting.
DraftKings and Flutter lost $50 billion combined as taxes, prediction markets, and slowing growth reshape U.S. sports betting.
Ohio and Tennessee federal judges split on whether Kalshi's sports contracts are swaps or gambling. The Sixth Circuit will decide.
AG Bonta's blackjack ban takes effect April 1. Two lawsuits, $464M in revenue, and 10,000+ jobs hang in the balance.
Kalshi partners with XP Inc. for the first international expansion by a CFTC-regulated prediction market exchange.
Polymarket partners with Palantir after insider trading scandals force the prediction market industry from self-policing to surveillance.
Kalshi refused to pay traders who correctly predicted Khamenei's removal, sparking a class action lawsuit that threatens the prediction market industry.
Bloomberg analyzed 1,500 hours of livestreams and found Drake won on Stake-controlled games at four times the normal rate.
Six wallets profited $1.2M on Polymarket Iran strike bets. Senators demand action. Polymarket quietly archives its nuclear detonation market overnight.
Nasdaq's SEC filing for binary options on its MRX exchange opens a new front in the prediction market regulatory war.
Oklahoma criminalizes sweepstakes casinos by November 2026 while sports betting stalls, revealing the tribal gaming fortress strategy.
A complete intelligence brief on the coordinated state-level assault dismantling the sweepstakes casino industry across every front.