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Thursday, June 12, 2025

Kalshi

May 1, 2024; Los Angeles, California, USA; A general overall view as Dallas Mavericks and LA Clippers players run across the Clippers logo at midcourt in the first half during game five of the first round for the 2024 NBA playoffs at Crypto.com Arena.

Kalshi’s Momentum Fuels Crypto.com’s Fight Over Sports Markets

Crypto.com cited a recent Kalshi court victory in its own fight against Nevada.
June 6, 2025
Illinois Gov. JB Pritzker speaks after giving his annual State of the State address on Wednesday, Feb. 19, 2025, in Springfield.

Illinois Passes New Sports Betting Tax in Middle of the Night

This is the second straight year Illinois approved a tax increase on sportsbooks.
June 2, 2025
May 12, 2025; New York, New York, USA; New York Knicks guard Jalen Brunson (11) dribbles as Boston Celtics guard Derrick White (9) defends in the second half during game four of the second round for the 2025 NBA Playoffs at Madison Square Garden.

Sports Betting Giants, Leagues Watch Closely As Kalshi Keeps Winning

Regulators in at least six states have sent Kalshi cease-and-desist letters.
May 13, 2025
Sports are shown on TVs behind a bar as guests enjoy the grand opening of DraftKings Sports & Social in Ohio.

DraftKings, FanDuel Interested in Sports Prediction Markets

Sports betting giants are eyeing sports “prediction” markets.
May 9, 2025