Prediction Markets Kalshi, Polymarket Hit $50 Billion Trading Milestone
Kalshi one of the biggest companies within Prediction market betting Kalshi and Polymarket achieved a combined $50.6 billion in trading volume during July, marking an all-time high for prediction market platforms and a 7.8% increase from June’s $47 billion. Kalshi held the dominant position with $37.7 billion in volume, representing a 14% jump More...
Kalshi Faces Lawsuit as New York Calls Prediction Markets Illegal
New York’s attorney general filed a lawsuit against Kalshi on Friday, alleging the platform operates illegal gambling markets without proper state authorization. The legal action claims the company failed More...
Sports Betting Industry Pours $72 Million Into US Midterm Elections
According to reports the sports betting industry has injected over $72 million into US midterm elections, marking one of the most aggressive lobbying campaigns in recent political history. Companies within the industry More...
Brazil Opens 45-Day Consultation on Betting Regulation Overhaul
Brazil betting regulation is undergoing a comprehensive review as the Secretariat of Prizes and Betting (SPA) launches a public consultation to refine the authorization process for operators. The contribution period More...
Pennsylvania Moves to Regulate Prediction Markets, Allows Sports Wagering
Kalshi one of the biggest companies within Prediction market betting Pennsylvania prediction markets are set to operate under a comprehensive regulatory framework as Rep. Tarik Khan introduces HB 2711, addressing More...
Michigan Sportsbooks Post 5.63% Hold Rate in June 2026
Michigan sportsbooks took $372,480,495 in wagers in June 2026 while recording a 5.63% hold rate, a modest improvement from May’s 5.17% hold. The June handle represented a decline of $92.3 million, or 19.9%, More...
Independent Watchdog Identifies 7 FIFA World Cup Betting Issues FIFA Overlooked
FIFA World Cup betting oversight faced unexpected challenges when an independent watchdog identified seven potential irregularities during the 2026 tournament, directly contradicting FIFA’s claim of zero suspicious More...
Lawmakers Push Facial Recognition Age Checks for Sports Betting & Prediction Markets
Americans wagered approximately $160 billion on sports betting last year, generating roughly $16 billion in industry revenue. For this reason, lawmakers have introduced bipartisan legislation requiring facial recognition More...
Arizona Announces Limited Sports Betting Licenses, Only 10 Available
Arizona sports betting is expanding with a new licensing opportunity as the Arizona Department of Gaming opens applications for 10 limited event wagering operator licenses. The application window begins on August More...
World Cup Drives $100 Million Surge in Tennessee Sports Betting
Tennessee sports betting defied conventional market patterns by posting record-breaking numbers during June 2026, traditionally the slowest betting month of the year. Bettors wagered more than $460 million on sports More...
