Mention markets face a presumption of manipulation under new CFTC staff guidance that could sideline most contracts.

The National Council on Problem Gambling (NCPG) believes prediction markets are "functionally gambling" regardless of they are "currently legally defined." ...

DraftKings is seeing substantial positives from all three of its main products, CEO Jason Robins touted Tuesday.

Sen. John Curtis's letter to Judiciary leaders flags Trump Jr.'s financial ties to Kalshi and Polymarket platforms.

Legislators from Ohio, Virginia, and Massachusetts discussed how to ease cannibalization fears around iGaming.

Online casino-focused Rush Street Interactive rallied in premarket trading Tuesday morning on Monday's initiation of coverage by Stifel.

Polymarket CEO Shayne Coplan told his employees to ignore fraud issues in order to keep the company growing, according to the ...

Gambling tax deduction legislation restoring the full write-off for wagering losses cleared a key House committee.

The U.S. Court of Appeals for the Ninth Circuit has handed Kalshi another loss in its bid to offer sports contracts under ...

Ohio quietly withdrew from the NCPG in June over its Kalshi partnership, as Massachusetts regulators weigh their exit.

The NFL confirmed to LSR that its sportsbook partners must get game-day ads cleared and can't run general advertising.

Texas Senator Bob Hall says lawmakers must pass legislation to rein in prediction markets after Kalshi and AGA testify.