PrizePicks Joins Underdog in Push Toward Prediction Markets

PrizePicks Joins Underdog in Push Toward Prediction Markets

PrizePicks will offer a new way to bet after receiving federal approval to enter prediction markets. ATLANTA – The daily fantasy sports operator PrizePicks was approved Monday as a futures commission merchant (FCM) by the Commodity Futures Trading Commission. In plain terms, that status allows … Read more

Kalshi Issued Cease-and-Desist Order in Massachusetts by AG

Massachusetts AG Campbell Files Suit Against Kalshi

Kalshi has been ordered to cease and desist operations in Massachusetts. Massachusetts Attorney General Andrea Joy Campbell filed the lawsuit against Kalshi on Friday. BOSTON – Massachusetts Attorney General Andrea Joy Campbell filed a lawsuit on Friday against Kalshi for operating their online prediction market … Read more

Senators Push To Eliminate Federal Sports Betting Excise Tax

Senators Push To Eliminate Federal Sports Betting Excise Tax - Catherine Cortez Masto, Cindy Hyde-Smith

Senators Catherine Cortez Masto and Cindy Hyde-Smith reintroduced legislation to repeal the federal excise tax, calling it outdated. The renewed push comes as Nevada sportsbooks continue to pay millions and follows the recent failure of Rep. Dina Titus’ FAIR Bet Act. WASHINGTON — A bipartisan … Read more

Tribal Talks Put Minnesota 2026 Sports Betting Plan in Focus

Tribal Talks Put Minnesota 2026 Sports Betting Plan in Focus

A gaming conference this week proved that Minnesota sports betting legalization is closer than expected despite years of no action. PRIOR LAKE, Minn. — Discussion at the Indian Gaming Association Mid-Year Conference on Tuesday showed just how complicated the journey for Minnesota sports betting has … Read more

FanDuel Funded Missouri Sports Betting But Misses Licenses

FanDuel Funded Missouri Sports Betting But Misses Licenses

Missouri’s biggest sports betting donor will have to wait its turn after regulators chose Circa and DraftKings for the state’s first mobile untethered licenses. JEFFERSON CITY, Mo. – FanDuel spent millions helping Missouri bring legal wagering to the ballot. But when the state’s Gaming Commission … Read more

Missouri Sports Betting Timeline: 1st Sportsbooks Announced

Missouri Sports Betting Timeline: 1st Sportsbooks Announced - Missouri Gaming Commission

Missouri’s key dates for announcing the first two sportsbooks include Wednesday and Friday of this week. JEFFERSON CITY – Representatives from Circa Sports, DraftKings, and FanDuel will appear before the Missouri Gaming Commission on Wednesday to make their final pitches. This week marks the beginning … Read more

Kalshi Sports Betting Hits Wall, MD Judge Denies Injunction

Kalshi Sports Betting Hits Wall, MD Judge Denies Injunction

Kalshi’s attempt to expand its federally regulated sports event contracts into Maryland has hit a legal roadblock. A U.S. District Court judge denied the company’s request for a preliminary injunction, ruling that Kalshi failed to show that federal commodities law overrides state gambling regulation. The … Read more