Tennessee regulators order Kalshi, Polymarket, and Crypto.com to stop offering sports-related prediction contracts to state residents by month's end.
Kalshi, Robinhood, and Crypto.com battle state regulators in courts across America. Is sports event trading gambling or derivatives? 2026 will decide.
The battle over sports event contracts is escalating. With 20+ lawsuits pending against Kalshi and competitors, the fight is likely headed to the nation's highest court.
The year in gambling had clear victors and casualties. Prediction markets took over, traditional sportsbooks scrambled, and ESPN Bet couldn't even make it two years.