New York, New Hampshire and Rhode Island tax sports betting revenue at 51%, while Delaware taxes it at 50%. Illinois taxes ...

Connecticut’s three online sports betting operators accounted for nearly $200 million of the total handle. FanDuel led all ...

Bookmaker DraftKings Inc. has withdrawn an application for a license to sell derivatives in a sign of the gambling industry’s ...

Several states already sent cease-and-desist letters to platforms such as Kalshi that offer sports prediction contracts, arguing they are simply outlets for unlicensed sports betting. The launch of ...

Tennessee has begun to wrestle with the prediction markets, as it weighs up allowing them to operate in the state legally.

The CEO of MGM Resorts argued vehemently on Tuesday that gambling should be reserved as a states' rights issue ahead of a ...

Kalshi shows no signs of slowing down its foray into sports prediction markets after a strong performance on the Masters ...

In a rare move, United Airlines shared two profit scenarios for 2025, warning of a sharp drop if the U.S. economy enters a recession and travel demand continues to weaken.

In a letter sent to the CFTC, the Tennessee Sports Wagering Council — the state’s regulator for sports betting — expressed ...

Kalshi obtained another legal victory when the US District Court for Nevada granted its motion for a preliminary injunction ...

Kalshi’s model—described as a peer-to-peer “financial exchange”—has been criticized as a distinction without a difference ...

Bitcoin has shown unusual strength against a backdrop of economic instability, with its price climbing nearly 7% over the ...