A CFTC mandate pushed ProphetX, Novig and Kalshi to swap familiar plus/minus odds for percentages, sparking trader backlash south of the border.
Regulation
NJ petitions SCOTUS as courts split on Kalshi; Michigan tightens its ban, and the NFL presses exchanges over player-injury markets.
A bill filed in Illinois would kill a months-old tax on sports prediction markets, but leaves the state's fight with Kalshi and the CFTC unresolved.
After a bettor accessed confidential horse health data, Churchill Downs and horsemen's groups want federal auditors to review HISA's IT systems.
The NFL wants 21+ standards and manipulation safeguards before any official prediction-market deal, as Novig and rivals jostle for football fans.
A Jumio study finds gamblers want fast, private age checks as Ontario's AGCO cracks down on verification failures.
A state court deadline is forcing Pennsylvania lawmakers to revisit skill-game taxation, with a fresh 20% proposal from Rep. Russ Diamond.
Connecticut sues Kalshi over sports contracts, a Montana judge revives a stalled case, and rivals push into MLB deals and new U.S. markets.
Petitions funded largely by FanDuel and DraftKings put a constitutional amendment and gaming-law changes on Nebraska's Nov. 3 ballot.
Whatnot, Collector Crypt and Fanatics face legal claims that randomized digital card breaks amount to illegal lotteries as sweepstakes firms pile in.