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The IRS Has Not Said How Prediction Markets Are Taxed, Now the Silence Is Starting to Cost People Money

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Hard Rock Bet Launches in Ontario, Marking the Brand’s First International Expansion
Canada
1
Bally’s Chicago Casino Now Targeting a Spring 2027 Opening
Land Based
2
How Six Years of Trying to Build a Lake of the Ozarks Casino Ended in a Lawsuit Over Fake Wire Transfers
Legal
3
‘Congress Should Not Be Silent’ — House Committee Signals Urgency on Prediction Markets
Prediction Markets
4
Stake.us Can’t Escape Class Action in Minnesota After Arbitration Bid Fails
Regulatory
5

News by State

New Jersey Has One Month to Take Prediction Market Battle to the Supreme Court
New Jersey Has One Month to Take Prediction Market Battle to the Supreme Court
Prediction Markets 3 weeks ago Colin Lynch
Eight Plead Guilty on Conspiracy and Racketeering Charges in New Jersey Mob Gambling Case
Eight Plead Guilty on Conspiracy and Racketeering Charges in New Jersey Mob Gambling Case
Legal 4 weeks ago Colin Lynch
New Jersey Lawmakers Propose Regulatory Compromise on Sports Event Contracts
New Jersey Lawmakers Propose Regulatory Compromise on Sports Event Contracts
Prediction Markets 1 month ago Colin Lynch
Mandatory Monthly Win-Loss Reports for iGaming Proposed in New Jersey
Mandatory Monthly Win-Loss Reports for iGaming Proposed in New Jersey
Regulatory 2 months ago Colin Lynch
New Jersey Proposes Special Tax on World Cup Betting Revenue
New Jersey Proposes Special Tax on World Cup Betting Revenue
Regulatory 3 months ago Colin Lynch
Amy Howe Out at FanDuel—Was It the Right Move?
Amy Howe Out at FanDuel—Was It the Right Move?
Finance 3 months ago Alex Weldon
Opinion: Dubious Casino Math Strikes Again in New Lawsuit Against Drake and Stake
Opinion: Dubious Casino Math Strikes Again in New Lawsuit Against Drake and Stake
Influencer marketing 3 months ago Alex Weldon
Atlantic City Casino Market Faces Possible Contraction Due to Looming NY Competition
Atlantic City Casino Market Faces Possible Contraction Due to Looming NY Competition
Finance 3 months ago Mo Nuwwarah
Despite the Headwinds, People Still Want to Invest in Las Vegas
Despite the Headwinds, People Still Want to Invest in Las Vegas
Land Based 3 hours ago Mo Nuwwarah
Opinion: Nevada’s Regulator Warned Prediction Markets Could Become Slot Machines, and History Suggests He’s Not Wrong
Opinion: Nevada’s Regulator Warned Prediction Markets Could Become Slot Machines, and History Suggests He’s Not Wrong
Prediction Markets 1 week ago Colin Lynch
Venetian Settles With Nevada Regulators for $7.2 Million Over Bowyer Scandal
Venetian Settles With Nevada Regulators for $7.2 Million Over Bowyer Scandal
Merger Aquisition 2 weeks ago Colin Lynch
Caesars Republic Lake Tahoe Opens, Completing an 82-Year Journey From a Log Cabin to a Luxury Resort
Caesars Republic Lake Tahoe Opens, Completing an 82-Year Journey From a Log Cabin to a Luxury Resort
Slots 2 weeks ago Colin Lynch
Bally’s Drags Its Heels on Resort Portion of Las Vegas Athletics Stadium Project
Bally’s Drags Its Heels on Resort Portion of Las Vegas Athletics Stadium Project
Partnerships 3 weeks ago Colin Lynch
Bally’s Financing Problems Are Becoming the A’s Problem Too
Bally’s Financing Problems Are Becoming the A’s Problem Too
Partnerships 1 month ago Colin Lynch
Nevada Makes First Arrest in Fresno State Basketball Match-Fixing Scandal
Nevada Makes First Arrest in Fresno State Basketball Match-Fixing Scandal
Legal 1 month ago Andrew O'Malley
Gas Station Terrible’s Reaches Deal to Try to Rescue Nevada Border Town Primm
Gas Station Terrible’s Reaches Deal to Try to Rescue Nevada Border Town Primm
Partnerships 1 month ago Mo Nuwwarah
Can Pennsylvania Find the Happy Medium Between a Free Market and Real Responsible Gambling Controls?
Can Pennsylvania Find the Happy Medium Between a Free Market and Real Responsible Gambling Controls?
Responsible Gaming 1 day ago Mo Nuwwarah
DraftKings Sues Philadelphia to Block Consumer Protection Investigation as the Subpoena Asks About VIP Programs
DraftKings Sues Philadelphia to Block Consumer Protection Investigation as the Subpoena Asks About VIP Programs
Regulatory 4 days ago Colin Lynch
Pennsylvania Skill Games Face a Hard Deadline. Missouri Shows What Happens When the Clock Runs Out.
Pennsylvania Skill Games Face a Hard Deadline. Missouri Shows What Happens When the Clock Runs Out.
Regulatory 7 days ago Colin Lynch
Happy Valley Casino’s Revenue Jumped 380% in Month Two, But Don’t Read Too Much Into It
Happy Valley Casino’s Revenue Jumped 380% in Month Two, But Don’t Read Too Much Into It
Results 3 weeks ago Colin Lynch
As Pennsylvania Lawmakers Race to Regulate Skill Games, the Fight Is Once Again About Taxes
As Pennsylvania Lawmakers Race to Regulate Skill Games, the Fight Is Once Again About Taxes
Regulatory 4 weeks ago Colin Lynch
Pennsylvania Supreme Court’s Skill Game Decision Puts Lawmakers on the Clock
Pennsylvania Supreme Court’s Skill Game Decision Puts Lawmakers on the Clock
Slots 1 month ago Alex Weldon
Pennsylvania’s New Skill Games Bill Is the VGT Framework Without the Tax Rate
Pennsylvania’s New Skill Games Bill Is the VGT Framework Without the Tax Rate
Regulatory 2 months ago Colin Lynch
Key Dates Ahead in Pennsylvania ‘Skill Games’ Debate as Political Spending Intensifies
Key Dates Ahead in Pennsylvania ‘Skill Games’ Debate as Political Spending Intensifies
Regulatory 2 months ago Mo Nuwwarah
Texas Doctors Want to Raise the Prediction Market Age Limit to 21. Kalshi’s Defense May Not Help Its Case
Texas Doctors Want to Raise the Prediction Market Age Limit to 21. Kalshi’s Defense May Not Help Its Case
Prediction Markets 2 weeks ago Colin Lynch
No State Has a Good Legal Definition of Gambling. The Texas AG Just Made That Clear.
No State Has a Good Legal Definition of Gambling. The Texas AG Just Made That Clear.
Prediction Markets 1 month ago Colin Lynch
An Astrodome Casino Has Been a Houston Daydream for Years And Now It Has Fertitta’s Name on It
An Astrodome Casino Has Been a Houston Daydream for Years And Now It Has Fertitta’s Name on It
Regulatory 2 months ago Colin Lynch
Texas Spent Four Decades Trying to Keep the Alabama-Coushatta Out of Gaming. This Summer, the Tribe Opens Its Second Casino.
Texas Spent Four Decades Trying to Keep the Alabama-Coushatta Out of Gaming. This Summer, the Tribe Opens Its Second Casino.
Land Based 2 months ago Colin Lynch
A Texas Lottery Director Was Indicted for a Day. Then the Charges Disappeared.
A Texas Lottery Director Was Indicted for a Day. Then the Charges Disappeared.
Lottery 2 months ago Colin Lynch
Las Vegas Sands Hires Texans to Build Casino Management Software Amid Lobbying Efforts
Las Vegas Sands Hires Texans to Build Casino Management Software Amid Lobbying Efforts
Regulatory 2 months ago Colin Lynch
Following the Money: Political Spending by FanDuel, DraftKings, and Fanatics
Following the Money: Political Spending by FanDuel, DraftKings, and Fanatics
Regulatory 3 months ago Alex Weldon
Tilman Fertitta Just Bought the Connecticut Sun, We Think His Eyes Are on a Texas Casino
Tilman Fertitta Just Bought the Connecticut Sun, We Think His Eyes Are on a Texas Casino
Merger Aquisition 4 months ago Colin Lynch

News by Vertical

Can Pennsylvania Find the Happy Medium Between a Free Market and Real Responsible Gambling Controls?
Can Pennsylvania Find the Happy Medium Between a Free Market and Real Responsible Gambling Controls?
Responsible Gaming 1 day ago Mo Nuwwarah
Stake.us Can’t Escape Class Action in Minnesota After Arbitration Bid Fails
Stake.us Can’t Escape Class Action in Minnesota After Arbitration Bid Fails
Regulatory 4 days ago Colin Lynch
Underdog Launches Own Prediction Market, But it isn’t Quite All In
Underdog Launches Own Prediction Market, But it isn’t Quite All In
Prediction Markets 4 days ago Mo Nuwwarah
The Bryce Harper Cameo Is Not the FanDuel Scandal Story, The VIP Host Program Is
The Bryce Harper Cameo Is Not the FanDuel Scandal Story, The VIP Host Program Is
Corporate Social Responsibility 1 week ago Colin Lynch
Maine’s Online Casino Market Is Officially Live on Paper, but the Real Launch Is Still Months Away
Maine’s Online Casino Market Is Officially Live on Paper, but the Real Launch Is Still Months Away
Regulatory 2 weeks ago Colin Lynch
Nebraska On Track to Become Latest State to Legalize Online Sports Betting
Nebraska On Track to Become Latest State to Legalize Online Sports Betting
Online 3 weeks ago Mo Nuwwarah
Meta Has Plans to Enter Prediction Markets With Free-to-Play Game
Meta Has Plans to Enter Prediction Markets With Free-to-Play Game
Prediction Markets 4 weeks ago Mo Nuwwarah
‘Sir, This Is a Casino’: Reddit Meme Stock Gamblers Target Wendy’s for GameStop-Like Short Squeeze
‘Sir, This Is a Casino’: Reddit Meme Stock Gamblers Target Wendy’s for GameStop-Like Short Squeeze
Finance 4 weeks ago Colin Lynch
Despite the Headwinds, People Still Want to Invest in Las Vegas
Despite the Headwinds, People Still Want to Invest in Las Vegas
Land Based 3 hours ago Mo Nuwwarah
Bally’s Chicago Casino Now Targeting a Spring 2027 Opening
Bally’s Chicago Casino Now Targeting a Spring 2027 Opening
Land Based 2 days ago Colin Lynch
Ohio Authorities Play Whack-a-Mole With Illegal Casinos Operating in Plain Sight
Ohio Authorities Play Whack-a-Mole With Illegal Casinos Operating in Plain Sight
Slots 1 week ago Mo Nuwwarah
Caesars Republic Lake Tahoe Opens, Completing an 82-Year Journey From a Log Cabin to a Luxury Resort
Caesars Republic Lake Tahoe Opens, Completing an 82-Year Journey From a Log Cabin to a Luxury Resort
Slots 2 weeks ago Colin Lynch
Northeast Indiana Developer Pitches Integrated Resort for Michigan-Heavy Clientele
Northeast Indiana Developer Pitches Integrated Resort for Michigan-Heavy Clientele
Land Based 2 weeks ago Mo Nuwwarah
Bally’s Drags Its Heels on Resort Portion of Las Vegas Athletics Stadium Project
Bally’s Drags Its Heels on Resort Portion of Las Vegas Athletics Stadium Project
Partnerships 3 weeks ago Colin Lynch
From Riverboats to Resort: Hollywood Casino Aurora Opens Its $360 Million Land-Based Home
From Riverboats to Resort: Hollywood Casino Aurora Opens Its $360 Million Land-Based Home
Land Based 3 weeks ago Colin Lynch
Bally’s Proposes Airport Slots in Chicago As a Revenue-Generating Alternative to VGTs
Bally’s Proposes Airport Slots in Chicago As a Revenue-Generating Alternative to VGTs
Slots 4 weeks ago Mo Nuwwarah
WSOP-Branded Apparel Store Opens at the Horseshoe
WSOP-Branded Apparel Store Opens at the Horseshoe
Poker 1 month ago Colin Lynch
Justice Department Wants 97-Month Prison Sentence for Poker-Playing SCOTUS Lawyer
Justice Department Wants 97-Month Prison Sentence for Poker-Playing SCOTUS Lawyer
Legal 2 months ago Andrew O'Malley
Polymarket’s Playbook is Familiar to Those Who Watch the Online Poker Industry
Polymarket’s Playbook is Familiar to Those Who Watch the Online Poker Industry
Prediction Markets 2 months ago Mo Nuwwarah
WSOP Bears Begin Influencing Kalshi Market Speculating on Main Event Entries
WSOP Bears Begin Influencing Kalshi Market Speculating on Main Event Entries
Prediction Markets 2 months ago Mo Nuwwarah
World Poker Masters to Set New Bar for Crypto Tournaments
World Poker Masters to Set New Bar for Crypto Tournaments
Poker 3 months ago Mo Nuwwarah
Flutter Relaunches US Poker Product as ‘PokerStars on FanDuel,’ Finally Combines Player Pools
Flutter Relaunches US Poker Product as ‘PokerStars on FanDuel,’ Finally Combines Player Pools
Poker 4 months ago Mo Nuwwarah
Why There Won’t Be Another Tom Dwan in Poker
Why There Won’t Be Another Tom Dwan in Poker
Personnel 4 months ago Mo Nuwwarah
BetMGM is Latest iGaming Operator To Ban Credit Card Payments
BetMGM is Latest iGaming Operator To Ban Credit Card Payments
Responsible Gaming 4 months ago Robyn McNeil
The IRS Has Not Said How Prediction Markets Are Taxed, Now the Silence Is Starting to Cost People Money
The IRS Has Not Said How Prediction Markets Are Taxed, Now the Silence Is Starting to Cost People Money
Prediction Markets 31 seconds ago Colin Lynch
The Crypto Clarity Act Is Moving, and Prediction Markets Are Watching Closely
The Crypto Clarity Act Is Moving, and Prediction Markets Are Watching Closely
Prediction Markets 2 hours ago Colin Lynch
‘Congress Should Not Be Silent’ — House Committee Signals Urgency on Prediction Markets
‘Congress Should Not Be Silent’ — House Committee Signals Urgency on Prediction Markets
Prediction Markets 3 days ago Alex Weldon
Underdog Launches Own Prediction Market, But it isn’t Quite All In
Underdog Launches Own Prediction Market, But it isn’t Quite All In
Prediction Markets 4 days ago Mo Nuwwarah
A Soldier and a Google Employee Faced Federal Charges for Prediction Market Insider Trading. The White House Teleprompter Operator Got a Settlement Offer and Kept His Job.
A Soldier and a Google Employee Faced Federal Charges for Prediction Market Insider Trading. The White House Teleprompter Operator Got a Settlement Offer and Kept His Job.
Prediction Markets 1 week ago Colin Lynch
Opinion: Nevada’s Regulator Warned Prediction Markets Could Become Slot Machines, and History Suggests He’s Not Wrong
Opinion: Nevada’s Regulator Warned Prediction Markets Could Become Slot Machines, and History Suggests He’s Not Wrong
Prediction Markets 1 week ago Colin Lynch
What Are Sports Perpetual Futures, and Why Does Everyone in Prediction Markets Want to Build Them?
What Are Sports Perpetual Futures, and Why Does Everyone in Prediction Markets Want to Build Them?
Prediction Markets 1 week ago Colin Lynch
Kalshi Faces Aug. 12 Geofencing Deadline in Michigan as Its State-Blocking Record Comes Under Scrutiny
Kalshi Faces Aug. 12 Geofencing Deadline in Michigan as Its State-Blocking Record Comes Under Scrutiny
Prediction Markets 1 week ago Colin Lynch
Opinion: Nevada’s Regulator Warned Prediction Markets Could Become Slot Machines, and History Suggests He’s Not Wrong
Opinion: Nevada’s Regulator Warned Prediction Markets Could Become Slot Machines, and History Suggests He’s Not Wrong
Prediction Markets 1 week ago Colin Lynch
Ohio Authorities Play Whack-a-Mole With Illegal Casinos Operating in Plain Sight
Ohio Authorities Play Whack-a-Mole With Illegal Casinos Operating in Plain Sight
Slots 1 week ago Mo Nuwwarah
Caesars Republic Lake Tahoe Opens, Completing an 82-Year Journey From a Log Cabin to a Luxury Resort
Caesars Republic Lake Tahoe Opens, Completing an 82-Year Journey From a Log Cabin to a Luxury Resort
Slots 2 weeks ago Colin Lynch
Bally’s Proposes Airport Slots in Chicago As a Revenue-Generating Alternative to VGTs
Bally’s Proposes Airport Slots in Chicago As a Revenue-Generating Alternative to VGTs
Slots 4 weeks ago Mo Nuwwarah
Missouri Business Fights Back Against Crackdown, Says ‘No-Chance’ Devices Aren’t Gambling
Missouri Business Fights Back Against Crackdown, Says ‘No-Chance’ Devices Aren’t Gambling
Slots 1 month ago Colin Lynch
Pennsylvania Supreme Court’s Skill Game Decision Puts Lawmakers on the Clock
Pennsylvania Supreme Court’s Skill Game Decision Puts Lawmakers on the Clock
Slots 1 month ago Alex Weldon
Florida Authorities Seize Hundreds of Illegal Slot Machines, Arrest Eleven in Escalating Crackdown
Florida Authorities Seize Hundreds of Illegal Slot Machines, Arrest Eleven in Escalating Crackdown
Slots 1 month ago Andrew O'Malley
Every Nevada Gaming Market Grew in April Except Downtown Las Vegas
Every Nevada Gaming Market Grew in April Except Downtown Las Vegas
Slots 2 months ago Colin Lynch
The Crypto Clarity Act Is Moving, and Prediction Markets Are Watching Closely
The Crypto Clarity Act Is Moving, and Prediction Markets Are Watching Closely
Prediction Markets 2 hours ago Colin Lynch
Hard Rock Bet Launches in Ontario, Marking the Brand’s First International Expansion
Hard Rock Bet Launches in Ontario, Marking the Brand’s First International Expansion
Canada 1 day ago Colin Lynch
Alabama Ready to Try Again on Gambling Reform, Says State Lawmaker
Alabama Ready to Try Again on Gambling Reform, Says State Lawmaker
Regulatory 4 days ago Colin Lynch
DraftKings Sues Philadelphia to Block Consumer Protection Investigation as the Subpoena Asks About VIP Programs
DraftKings Sues Philadelphia to Block Consumer Protection Investigation as the Subpoena Asks About VIP Programs
Regulatory 4 days ago Colin Lynch
FanDuel Was Valued at $559 Million Eight Days After PASPA Fell. Flutter Later Bought the Rest for $4.2 Billion. That Gap Is Now a Lawsuit.
FanDuel Was Valued at $559 Million Eight Days After PASPA Fell. Flutter Later Bought the Rest for $4.2 Billion. That Gap Is Now a Lawsuit.
Legal 1 week ago Colin Lynch
Opinion: I Can’t Believe We’re Still Discussing Whether Expanded Gambling is Good for Athletes
Opinion: I Can’t Believe We’re Still Discussing Whether Expanded Gambling is Good for Athletes
Sports Betting 1 week ago Mo Nuwwarah
What Are Sports Perpetual Futures, and Why Does Everyone in Prediction Markets Want to Build Them?
What Are Sports Perpetual Futures, and Why Does Everyone in Prediction Markets Want to Build Them?
Prediction Markets 1 week ago Colin Lynch
The Bryce Harper Cameo Is Not the FanDuel Scandal Story, The VIP Host Program Is
The Bryce Harper Cameo Is Not the FanDuel Scandal Story, The VIP Host Program Is
Corporate Social Responsibility 1 week ago Colin Lynch

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