Prediction Market Taxes 2026: The IRS Still Won’t Answer
Halfway through 2026 the IRS still has not said how prediction market winnings are taxed, leaving traders with three defensible answers.
Halfway through 2026 the IRS still has not said how prediction market winnings are taxed, leaving traders with three defensible answers.
Kalshi’s recession market is in single digits, but its narrow GDP rule changes what that signal really means.
Fauci takes the Fifth 100+ times after diary release as contempt and prediction odds swirl.
Wisconsin says betting on an election you then vote in is a felony, escalating its prediction-market fight from platforms to bettors.
Twelve Senate Democrats want sports and casino-style event contracts banned in the CLARITY Act. Then leadership let the deadline slip.
A convicted fraudster's Polymarket account took nearly $9M from unknown wallets and bet it all on Trump. Whose money was it?
France blocks Polymarket as Ireland pressures prediction markets, exposing two enforcement models in Europe's expanding crackdown.
Healthcare students are budgeting Kalshi and sportsbook winnings into tuition plans, a Clasp survey finds.
Trump's teleprompter operator allegedly made $100,000+ on Kalshi — then the scandal turned his next speech into a $10M betting frenzy.
Sports perpetual futures are the hottest betting product that doesn't exist yet — here's what they are and who's building them.
Trump Media's Truth PSI will sell Wall Street early access to Trump's market-moving Truth Social posts for a reported $100,000 monthly.
The CFTC's proposed sports prediction market rules would let Kalshi keep most bets — but 38 states are fighting back.