The $11 Billion Bet: How Kalshi’s Legal War Could Decide Whether You Can Bet on Anything, Anywhere
Kalshi faces 36 state AGs, a fractured federal judiciary, and a CFTC that switched sides. The $11B legal…
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News
140 Articles
Six States, One Month: The Sweepstakes Casino Crackdown Just Went From Wave to Avalanche
Six US states advanced sweepstakes casino bans in a single month, signaling the fastest crackdown the $4.6 billion…
ZachXBT Named Axiom in a $40 Million Insider Trading Market — Then 12 Wallets Insider-Traded the Market Itself
ZachXBT exposed Axiom employees front-running user wallets. Then Polymarket insiders profited $1M betting on the investigation itself.
Kalshi Fined a MrBeast Editor $20K for Insider Trading — But the Real Problem Is Much Bigger
Kalshi's first insider trading bust exposes a problem prediction markets can't fix.
Evolution’s Atlantic City Monopoly: How One Supplier Controls the Engine Behind NJ’s $2.9 Billion iGaming Market
Evolution AB controls virtually all live dealer infrastructure in NJ's $2.9B iGaming market as online revenue overtakes land-based.
Illinois Raised Sports Betting Taxes and Lost 27.6 Million Wagers. Now It Wants 50% on Table Games.
Illinois lost 27.6 million wagers after raising sports betting taxes. Now Pritzker wants a 50% graduated tax on…
States Aren’t Banning Sweepstakes Casinos to Protect You — It’s a $4 Billion Tax Grab
States are banning sweepstakes casinos while legalizing taxed iGaming — Virginia's bills prove this is a revenue grab,…
You Can Now Bet on Whether Aliens Are Real — Over $9 Million Already Has
Trump ordered alien file releases. Over $9M flooded prediction markets. But most bettors misunderstand what they are actually…
ShinyHunters Hacked Wynn Resorts for 800,000 Employee Records — Inside the Casino Industry’s Unstoppable Data Crisis
ShinyHunters stole 800K employee records from Wynn Resorts. Five casino breaches in 18 months, same playbook every time.
Tennessee Judge Rules Kalshi’s Sports Contracts Are Swaps, Blocks State Crackdown
Federal judge blocks Tennessee from enforcing state gambling laws against Kalshi, ruling sports event contracts likely qualify as…
New Zealand Declares Prediction Markets Illegal Gambling — But Polymarket Hasn’t Blocked Access Yet
New Zealand's gambling regulator classifies Kalshi and Polymarket as illegal, but enforcement gaps leave platforms accessible.
Indiana HB 1052: The Sweepstakes Casino Ban That Could Reshape the Industry
Indiana's HB 1052 targets sweepstakes casinos with dual-currency bans and $100K penalties — and it's on a deadline.