Baltimore Kalshi Lawsuit Names Polymarket, Three Brokerages

Baltimore Kalshi Lawsuit Names Polymarket, Three Brokerages

Baltimore filed consumer-protection suits Thursday against Kalshi and Polymarket in the Circuit Court for Baltimore City. The Kalshi complaint also names its brokerage partners Robinhood, Webull and Coinbase as defendants. The city seeks civil penalties, restitution, disgorgement and an order barring transactions from Baltimore residents. Maryland’s own enforcement against Kalshi remains paused while the Fourth … Read more

Maryland Sports Betting Tax Drove 90% Of Gaming Gain

Maryland Sports Betting Tax Drove 90% Of Gaming Gain

Maryland’s Lottery, casinos and sportsbooks sent $1.637 billion to the state in fiscal 2026, up $48 million. Sports wagering supplied $43.4 million of the year’s $48 million gain, leaving about $4.6 million from everything else. Handle rose 11.1% to $6.91 billion while the state’s take rose 48.8% after the mobile tax went from 15% to … Read more