Germany's own regulator reveals a €547M black market created by the very rules designed to protect players.
Arizona files first-ever criminal charges against Kalshi after undercover sting, creating a prosecution blueprint other state AGs can replicate.
Argentina banned Polymarket after LOTBA and the casino lobby filed a complaint. The inflation data leak was the pretext.
MGM Grand faces jury trial after judge finds evidence patron was drugged with ketamine while casino tripled his credit limit.
Polymarket's 5-minute Bitcoin markets do $60M daily. Bots earn rebates from retail fees. The EU banned the identical product.
Fertitta's $31.5 billion Caesars deal puts 60M+ Rewards accounts, the sportsbook, and your bets under new ownership.
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.
