Rob Gough, who bought Mickey Mantle and Gretzky memorabilia, now owns the World Jai Alai League and wants more sportsbooks on board.
sports betting
A new Gallup survey finds gambling participation down sharply since 2016, but researchers say phone polling may be missing sports betting and prediction-market activity.
The CFTC-regulated sports exchange topped $125M in its debut week while fighting New York, Massachusetts and three other states over gambling law claims.
A Connecticut judge denied Kalshi's injunction bid, questioning CFTC power, as new geofencing deadlines and a White House meeting loom this week.
Baltimore alleges Kalshi, Polymarket and partner apps ran unlicensed sports wagering, deepening North America's prediction-market legal fight.
Gambling firms, the Seminole Tribe and Kalshi have given over $12M to Florida politics, mostly to GOP hopeful Byron Donalds.
US regulator warns Kalshi and rivals that plus/minus odds could mislead traders, as legal fights over prediction markets and gambling law continue.
A federal judge rejected Kalshi's bid to block Connecticut's gambling law, finding its sports contracts aren't federally regulated swaps.
A Gambling Insider analysis finds Kalshi "combo" bettors lose up to 35 cents per dollar staked, far worse than the blended figure widely reported.
Railbird Exchange, DraftKings' DKeX platform, has filed nine NFL and college football contracts with U.S. regulators ahead of kickoff.