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.
Investigators say a 2,000-site Farsi gambling network sat inside a $4 billion Dubai crypto pipeline.
Fauci takes the Fifth 100+ times after diary release as contempt and prediction odds swirl.
Jacqueline Davis turned a $50 BetMGM deposit into a $3.29M displayed balance before the freeze.
Wisconsin says betting on an election you then vote in is a felony, escalating its prediction-market fight from platforms to bettors.
Gaming lawyer Daniel Wallach says the word facial appears once in the 27-page bill Kalshi endorsed. What else is inside?
A convicted fraudster's Polymarket account took nearly $9M from unknown wallets and bet it all on Trump. Whose money was it?
A new bipartisan bill would require facial age scans on sportsbooks and prediction markets before you can place an online bet.
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.
Spain approved cross-operator deposit limits capping deposits across every licensed site, and the industry warns big spenders will head offshore.