Tag: prediction markets
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Congress Weighs Sports Event Contracts, Ban Unlikely
A House subcommittee held its first hearing on sports event contracts. A federal ban looks unlikely, and most observers expect the Supreme Court to settle jurisdiction.
US Gaming Sets Records as Prediction-Market Fight Grows
US commercial and tribal gaming set revenue records in 2026, yet the industry's fight against prediction markets escalated. Why the data can't settle the dispute.
Polymarket, Kalshi Block Ireland as GRAI Threatens Courts
Polymarket and Kalshi restricted Ireland after new regulator GRAI threatened court orders, calling the prediction markets unlicensed gambling. No court battle was needed.
US Tribal Gaming Hits Record $46.2B, Eyes New Threat
US tribal casinos set a record $46.2 billion in FY25, up 5%. However, tribes warn prediction markets threaten future revenue and have taken operators to court.
Google Bans Prediction Market Ads in Two More States
Google has banned prediction markets advertising in Michigan and New York, joining Nevada and Ohio. All four states have moved against prediction market operators.
