Prediction Markets Archives

Underdog Aristotle Lawsuit: The $850M Carve-Out Explained

Aristotle's Delaware Chancery suit says Underdog's $850M management incentive plan hides deal value from sellers. Here's where IG's $2.15B actually goes.

News 4 days ago 14 min read

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.

News 2 weeks ago 17 min read

New York Sues Kalshi: 8-Count Gambling Case

New York's eight-count Kalshi case tests gambling law, federal preemption and the future of sports prediction markets.

News 3 weeks ago 13 min read

Kalshi Recession Odds Hit 6%: What the Number Really Means

Kalshi’s recession market is in single digits, but its narrow GDP rule changes what that signal really means.

News 4 weeks ago 11 min read

Fauci Fifth Amendment: 100+ Refusals as Arrest Odds Jump

Fauci takes the Fifth 100+ times after diary release as contempt and prediction odds swirl.

News July 30, 2026 12 min read

Wisconsin Election Betting Can Cost You Your Vote

Wisconsin says betting on an election you then vote in is a felony, escalating its prediction-market fight from platforms to bettors.

News July 26, 2026 10 min read

Kalshi Child Protection Bill Faces Backdoor Accusation

Gaming lawyer Daniel Wallach says the word facial appears once in the 27-page bill Kalshi endorsed. What else is inside?

News July 26, 2026 14 min read

CLARITY Act Prediction Markets: 12 Senators Demand a Ban

Twelve Senate Democrats want sports and casino-style event contracts banned in the CLARITY Act. Then leadership let the deadline slip.

News July 25, 2026 17 min read

George Cottrell’s Polymarket $9M Trump Bet Under Scrutiny

A convicted fraudster's Polymarket account took nearly $9M from unknown wallets and bet it all on Trump. Whose money was it?

News July 25, 2026 10 min read

Polymarket, Kalshi Europe Crackdown Hits France, Ireland

France blocks Polymarket as Ireland pressures prediction markets, exposing two enforcement models in Europe's expanding crackdown.

News July 23, 2026 13 min read

Healthcare Students Kalshi: Paying Degrees with Bets

Healthcare students are budgeting Kalshi and sportsbook winnings into tuition plans, a Clasp survey finds.

News July 23, 2026 11 min read

Facial Recognition Gambling Bill: Congress Targets Minors

A new bipartisan bill would require facial age scans on sportsbooks and prediction markets before you can place an online bet.

News July 19, 2026 10 min read