A Ninth Circuit panel ruled 3-0 that Nevada can enforce its gambling laws against Kalshi’s sports event contracts. Sports contracts made up more than 90% of Kalshi’s trades and 95% of its revenue in 2025, the court noted. The ruling conflicts with a Third Circuit decision favoring Kalshi, splitting the federal appeals courts on the … Read more
Connecticut’s complaint accuses Kalshi of letting minors open accounts and paying underage promoters on TikTok and X. The suit cites Kalshi’s own federal court filing that put sports contracts at 80% to 90% of its offerings in February. A Connecticut federal judge rejected Kalshi’s derivatives defense on Aug. 7, a ruling the new state complaint … Read more
Kalshi announced multiyear partnerships Tuesday with the Red Sox, Braves, Dodgers, Padres and Giants. Four of the five teams play in California or Georgia, where no state-licensed sportsbook can legally operate. Massachusetts won a January injunction against Kalshi’s sports contracts, now on hold while the state’s highest court hears the appeal. Kalshi said baseball trading … Read more
Bovada has Honda manufacturer odds at -240 and Chevrolet at +180 for Sunday’s Freedom 250 Grand Prix in Washington. Honda engines won all five 2026 street races and took every podium spot at Arlington, Long Beach, Detroit and Markham. Chevrolet’s best street result this year is Scott McLaughlin’s second place at St. Petersburg in March. … Read more
The proposed rule defines gaming to capture professional sports, keeping sports contracts inside the term rather than outside it. A state gambling ban would not count as unlawful activity, because the contract settles on the game itself. Final scores, point differentials, win-loss results and season-long statistics weigh against a public interest ban on sports contracts. … Read more
Mississippi casinos won $208,698,868 in July, down 0.9% from $210,673,266 a year earlier. Slot win rose 0.4% to $177.3 million while table hold fell 7% to $26.3 million. Northern region revenue has fallen 7.8% through July while the Coastal region has gained 1.8%. Retail sportsbooks kept $1,625,020 of $12,998,850 wagered, down from $2,625,779 a year … Read more
Attorney General James Uthmeier filed two complaints Aug. 19 in Hillsborough County Circuit Court over unlicensed online casinos. Worldpay, Trustly, Yodlee, Praxis Tech and Breeze Labs face the money-forfeiture count but not the deceptive-practices count. The VGW complaint puts the company’s 2025 revenue above $5 billion, with $3.7 billion attributed to Chumba Casino. Both suits … Read more
Cantor Fitzgerald will act as an introducing broker for institutional-size block trades in Kalshi event contracts. Kalshi’s rules set a 25,000-contract minimum for a block and limit both sides to eligible contract participants. Blocks must be reported to Kalshi within 15 minutes and are published separately from ordinary order-book trades. Susquehanna Predictions will supply pricing … Read more
Bovada prices Cole’s strikeouts over 6.5 at even money, with the under juiced to -130. Cole has struck out 110 Orioles in 15 career starts against them, a 29.8% rate. Baltimore hitters strike out in 24.3% of plate appearances, fourth-most in the majors and above the 22.1% league rate. Cole has struck out 30.1% of … Read more
Michigan online casino taxes and payments have reached $3.18 billion since January 2021, roughly 24 times the sportsbooks’ $130 million. Lifetime online casino gross receipts passed $12 billion in July, hitting $12.26 billion against $2.62 billion for sports betting. Sportsbooks deducted 47% of lifetime receipts as free play before tax, against 8% at online casinos, … Read more