NEW YORK – While sports leagues want to regulated prediction markets and monetize them, their own players are seeking protection from them. A comment period for the Commodity Futures Trading Commission (CFTC) exposed the internal contradiction between leagues like the NFL, NBA, and MLB and … Read more
WASHINGTON, D.C. – No members of the U.S. Senate are allowed to use prediction markets after a resolution was passed unanimously on April 30, 2026. The Senate approved the rule change by unanimous voice vote, and it took effect immediately. Bernie Moreno, a Republican Senator … Read more
COLUMBUS, Ohio – Ohio’s prediction market bill signals a new way for states to combat the prediction market infestation. Senate Bill 430 establishes a licensing and regulation framework that would make prediction market companies pay taxes like Ohio sports betting sites do. Ohio has proven … Read more
MADISON, Wisc. – The Commodity Futures Trading Commission (CFTC) is suing Wisconsin in response to the state’s lawsuit against prediction market companies. Wisconsin’s lawsuit alleges that Kalshi and other prediction market apps “facilitate illegal sports betting”, but the federal government claims that the CFTC has … Read more
JEFFERSON CITY, Mo. – Committee Chairman Jeff Myers said that the sports betting portion of HB 3533 “has been taken out of this” in a Tuesday public hearing. While last hearing saw pushback towards the sportsbook tax rate increase portion of the bill, which proposes … Read more
MINNEAPOLIS – Lawmakers in Minnesota are inching closer to banning prediction markets in the Land of 10,000 Lakes. A bill targeting a wide range of offerings from prediction market apps has advanced to the senate floor. Senator John Marty’s bill, SF 4511, would prohibit contracts … Read more
MADISON, Wisc. – Wisconsin is the latest state to add to a pile of lawsuits on Kalshi’s desk. Attorney General Joshua Kaul’s lawsuit against the prediction company also includes Robinhood and Coinbase, claiming that these prediction market apps facilitate illegal sports betting through trading sports … Read more
BIRMINGHAM, Ala. –The push for legal Alabama sports betting in 2026 may not be over, according to a state representative. Rep. Shane Stringer said on the “The Jeff Poor Show” that he “wouldn’t be surprised” if a special session was called. State law says that … Read more
TORONTO – Ontario lawmakers aim to crack down on gambling advertising illegal with the Stop Harmful Gambling Advertising Act. The bill would make it illegal for sports betting and iGaming operators to advertise or promote their services on television, social media, and paid sponsorships with … Read more
DENVER – A sports betting protection bill would change the way that operators can advertise, limit winning bettors, and accept different deposit methods in Colorado. They would become the first state with legal sports betting to welcome professional bettors and prohibit sportsbooks from limiting winning … Read more
OKLAHOMA CITY – An Oklahoma sports betting bill continues to race through state legislature after passing in the house and receiving a critical amendment in the Senate on Tuesday. House Bill 1047 plans to bring legal sports betting to Oklahoma by updating existing state gaming … Read more
LINCOLN, Neb. – Major US sports betting operators are financially supporting an online sports betting push in Nebraska. Big players like DraftKings, FanDuel, Fanatics, and BetMGM have sent millions towards a legal sports betting initiative in Cornhusker State. More than $2.6 million was contributed towards … Read more