US government to back prediction markets in federal-state gambling battle
Federal regulators during the Trump administration may submit a “friend of the court” brief in favor of Kalshi as it appeals to the US Court of Appeals for the 9th…
Political prediction market funds grow as federal and state regulators dispute jurisdiction
Various investment firms have filed requests for exchange-traded funds (ETFs) linked to U.S. election results, marking a growing push to introduce products based on political event contracts even as regulators…
Caesars’ flags indicate digital EBITDA reaching record levels while Vegas leisure slowdown impacts 2025 outcomes
Caesars Entertainment has indicated a decline in revenue and profits from its Las Vegas operations for 2025 due to weaker consumer demand in the leisure sector, even as its digital…
Nevada appeals court paves the way for action on Kalshi’s sports agreements
Nevada gaming regulators are moving to prevent prediction market operator Kalshi from providing sports-related event contracts within the state. This comes after a decision by the 9th US Circuit Court…
Online gambling earnings surpass those of physical casinos once more in New Jersey
In January, the revenue from online gambling in New Jersey surpassed that of in-person casino winnings for the third month in a row, signifying a steady shift toward digital betting…