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Polymarket’s Federal Challenge Puts New York Gambling Law to Test The Polymarket lawsuit pits New York’s gambling rules against federal oversight after Letitia James sued and the company filed its own federal case. The post Polymarket’s Federal Challenge Puts New York Gambling Law to Test appeared first on ReadWrite .

Robinhood’s Event Contracts Reach $156 Million as Sports Face Scrutiny Robinhood's prediction markets generated $156 million in Q2 as crypto and economic contracts expand beyond sports amid legal scrutiny. The post Robinhood’s Event Contracts Reach $156 Million as Sports Face Scrutiny appeared first on ReadWrite .

Kalshi, Polymarket Capture Nearly Half of NFL App Downloads Kalshi and Polymarket captured 47.5% of Week 2 NFL betting app downloads as sportsbooks lagged, while prediction-market volume surged. The post Kalshi, Polymarket Capture Nearly Half of NFL App Downloads appeared first on ReadWrite .

Prediction Markets Leave Users With Fewer Gambling Safeguards A Roosevelt Institute analysis says prediction markets could bypass state gambling rules, leaving users with fewer odds and addiction safeguards. The post Prediction Markets Leave Users With Fewer Gambling Safeguards appeared first on ReadWrite .

Robinhood’s Prediction-Market Revenue Hits $156M as Crypto Gains Ground Robinhood prediction markets revenue reached $156 million as crypto and economic contracts help diversify its fast-growing business beyond sports. The post Robinhood’s Prediction-Market Revenue Hits $156M as Crypto Gains Ground appeared first on ReadWrite .

Wallach Urges California Prosecutors to Take On Kalshi Attorney Daniel Wallach urges California tribes to enlist local prosecutors against Kalshi under California's Unfair Competition Law. The post Wallach Urges California Prosecutors to Take On Kalshi appeared first on ReadWrite .

Kalshi’s Record Weekend Puts Sports Contracts Under Scrutiny Kalshi trading volume topped $6 billion over the weekend as NFL activity surged, while court challenges and state regulators intensified scrutiny. The post Kalshi’s Record Weekend Puts Sports Contracts Under Scrutiny appeared first on ReadWrite .

Three State Regulators Cut Ties With NCPG Over Kalshi Kalshi NCPG membership prompted Ohio, Michigan and Nevada to leave, while Massachusetts stayed for now amid consumer-protection concerns. The post Three State Regulators Cut Ties With NCPG Over Kalshi appeared first on ReadWrite .

New York Sportsbook Transparency Bill Reaches Hochul New York sports betting bill A10329 awaits Hochul’s decision on monthly player statements covering wagers, wins, losses and account activity. The post New York Sportsbook Transparency Bill Reaches Hochul appeared first on ReadWrite .

Tuberville Campaign Gets $130,000 From VGW Amid Alabama Gambling Uncertainty VGW Alabama donations to Tommy Tuberville total $130,000 as the company positions itself ahead of Alabama’s unsettled gambling debate. The post Tuberville Campaign Gets $130,000 From VGW Amid Alabama Gambling Uncertainty appeared first on ReadWrite .