Wisconsin Tribes Set to Pick Up a Big Win Against Kalshi
A US District Judge has ruled that Wisconsin tribes have the right to sue Kalshi over sports prediction markets. While he rejected a request to force Kalshi out while their lawsuit is settled, he found the operator is likely violating IGRA.
Will Sportsbooks Look to Enter Wisconsin’s Mobile Market
Wisconsin has officially paved the way for tribal-run mobile sports betting, but fears remain that commercial operators won’t join. Find out the latest here!
Michigan Senate Strips Per-Wager Tax From Budget Proposal
The Michigan Senate passed the latest budget, but rejected a proposed per-wager tax for sportsbooks. Lawmakers from both parties worried the change would shrink the state’s sports betting market, despite the results seen from a similar tax in neighboring Illinois.
Flutter Ousters FanDuel CEO After Lowering 2026 Guidance
Flutter has removed Amy Howe as FanDuel’s CEO as it looks to invest more in prediction markets. President Christian Genetski will take over the role after playing a crucial role in the expansion of mobile betting in the US.
Are The Walls Closing in for the Prediction Industry
A recent bipartisan effort by attorneys general and an order in Texas have the prediction industry reeling as May begins. The two actions show the waning support for the controversial platforms, and could lead it to soften its stance going forward.
CFTC Expands Legal Fight Over Sports Prediction Markets
The CFTC has expanded its legal fight to protect prediction markets by suing New York and Wisconsin. The regulator claims both states have illegally targeted operators despite lacking any regulatory authority. Arizona, Connecticut, and Illinois are also facing similar lawsuits.
New Zealand Racing Integrity Board Steps Up Online Gambling Focus
New Zealand’s Racing Integrity Board is preparing for a changing gambling market as online casino regulation moves ahead.
Ohio Considering Bill to Clamp Down on Prediction Industry
The Ohio Senate is considering a new bill that would require prediction platforms to be subject to the same regulations and taxes as sportsbooks. The proposal comes as the state’s gambling regulator, Kalshi, and the CFTC battle in court.
Oklahoma Rejects Sports Betting Bill, Sets Sights on 2027
A Colorado Senate committee has rejected part of a bill that would have banned prop bets, which were aimed at curbing problem gambling. Among the biggest reasons for the rejection was the projected financial impact on the state’s tax revenue.
Proposed Ban on Prop Bets Stripped From Colorado Bill
A Colorado Senate committee has rejected part of a bill that would have banned prop bets, which were aimed at curbing problem gambling. Among the biggest reasons for the rejection was the projected financial impact on the state’s tax revenue.