A CFTC mandate pushed ProphetX, Novig and Kalshi to swap familiar plus/minus odds for percentages, sparking trader backlash south of the border.
Marie Toussaint
NJ petitions SCOTUS as courts split on Kalshi; Michigan tightens its ban, and the NFL presses exchanges over player-injury markets.
A bill filed in Illinois would kill a months-old tax on sports prediction markets, but leaves the state's fight with Kalshi and the CFTC unresolved.
After a bettor accessed confidential horse health data, Churchill Downs and horsemen's groups want federal auditors to review HISA's IT systems.
Colorado regulators penalized Fanatics Sportsbook after a self-excluded customer received two promotional texts, raising questions about enforcement scale.
The NFL wants 21+ standards and manipulation safeguards before any official prediction-market deal, as Novig and rivals jostle for football fans.
A Jumio study finds gamblers want fast, private age checks as Ontario's AGCO cracks down on verification failures.
The Ringer founder admitted on his podcast to letting someone else place FanDuel bets under his account, breaching proxy-betting rules.
A state court deadline is forcing Pennsylvania lawmakers to revisit skill-game taxation, with a fresh 20% proposal from Rep. Russ Diamond.
Prediction market Kalshi disclosed five new enforcement cases, including a lifetime ban for George Santos and penalties on candidates who bet on their own races.