An Ohio federal judge on Monday said she's obligated to "avoid absurdity" and ruled that Kalshi's prediction markets in ...

The Prairie State’s handle falls slightly in a month when the volume of bets dropped by 20%, while adjusted gross revenue of ...

States are battling prediction markets like Kalshi and Polymarket, but the real issue may be the millions in lost tax revenue ...

Prediction markets present a new asset class that is moving faster than regulation. How are sportsbooks, and lawmakers, responding?

Prediction markets could be the most compelling argument yet for broader state legalization of sports betting and online casinos.

Five years after Georgia House Democrats pulled their votes from an online sports betting bill over redistricting, the issue remains a political football in the biggest non-legal wagering state not ...

Online prediction markets allow users to put money on the outcome of almost anything — this weekend’s NBA game between the Warriors and the Thunder, the next supreme leader of Iran, whether the ...

Colorado bettors wagered more than $630 million in January. The revenue supports the Water Plan Grant Program, which funds projects focused on water conservation.

Missouri faces some sports betting woes as revenues drop by 50 percent. For more legal analysis across the gaming industry, ...

A new report finds that states with legalized sports betting aren't doing enough to protect people from gambling trouble.

The sports gambling industry is pouring more than a million dollars into local Illinois races in a gambit to evade ...

Missouri saw a drop in sports betting activity in its second month of legalization, and once again, no tax revenue went toward education. After bringing in more than $543 million in wagers in December ...