DALLAS – A planned bill from U.S. Senator Ted Cruz would require prediction markets to be authorized by state or tribal government. Cruz’s legislation would prevent federally-regulated prediction markets like Kalshi from avoiding state gambling laws to offer their sports-event contracts. Cruz, a U.S. Senator … Read more
LOS ANGELES – Google’s new advertising policy includes a section for prediction markets and bans these platforms from advertising across five states. Google made the change “due to the inherent complexities, speculative nature, and unique regulatory classification involved in trading Prediction Market contracts,” so now … Read more
CANBERRA, Australia – When Sportsbet told a Senate inquiry in August that Australia’s “notable person” gambling ad ban could catch “anyone with an Instagram account,” it was hoping the regulator would narrow the definition. On Monday, the Australian Communications and Media Authority made clear it … Read more
BILOXI, Miss. – Mississippi and Louisiana share a coastline, a love for SEC football and plenty of bettors. But September’s reports show only one of them is growing. The Louisiana State Police’s September mobile sportsbook report shows Louisianans bet $384.5 million on their phones, up … Read more
HONOLULU – Even though gambling is illegal in Hawaii, Kalshi says it has 100,000 users in the state. Earlier this year, Hawaii tried to shut prediction markets out of the state, but HB 2198 passed the House and then died in the Senate without getting … Read more
WASHINGTON – The San Francisco 49ers are 7.5-point favorites tonight against the Washington Commanders, and there are some player props at legal sports betting sites worth paying attention to. Brock Purdy Over 4.5 Rush Attempts Brock Purdy has averaged 5 rush attempts per game this … Read more
DENVER – Colorado sportsbooks kept nearly a third less money in August, but the state barely felt it. The Colorado Division of Gaming’s August 2026 sports betting report shows sportsbooks kept $32.95 million, down 30.7% from August 2025. Yet tax collections only dropped 14.9% to … Read more
SAN FRANCISCO – The WNBA Finals tip off on Saturday between the Atlanta Dream and Golden State Valkyries. Golden State is the slight favorite not just to win Game 1, but for the series as a whole. TWO TEAMS. ONE TITLE. HISTORY ON THE LINE. … Read more
LAS VEGAS – Attorney General Aaron Ford offered up an awkward policy contradiction in his campaign for governor. While Ford’s office actively battles against prediction markets, he’s touting Kalshi odds in campaign efforts. The issue arose when AG Ford sent an email referencing Kalshi’s odds … Read more
LONDON – Serbian tennis player Stefan Milićević has been banned from playing tennis competitively until 2050 after being charged with fixing matches from 2022 to 2024. The International Tennis Integrity Agency (ITIA) announced the 24-year ban on October 15 after finding that six different matches … Read more
DETROIT – States are capitalizing on their Sixth Circuit win against Kalshi, which opened the door for states to enforce their gambling laws against sports-event contracts. Michigan, Ohio, and Kentucky ramped up their enforcement battles with prediction market operators in recent days. Michigan Wants Kalshi … Read more
NEW YORK – NBA bettors just lost some of their favorite markets, as the NBA and several sportsbooks have agreed to ban multiple types of bets, Shams Charania reported Friday, along with ESPN’s David Purdum. The newly banned bets include: Per Shams, the league has … Read more