Key Takeaways Washington judge finds state gambling laws are not federally preempted. Kalshi must preserve records while broader injunction terms are finalized. Parties must propose restrictions by Aug. 3 ahead of an Aug. 5 order. […]
Key Takeaways FBI logged 181,565 crypto complaints and $11.366B in 2025 losses, topping 50% of IC3 fraud. FBI said kiosk scams hit $389M in 2025, pushing Spokane and DC toward tougher oversight. Operation Level Up […]
Key Takeaways The Dow fell 307 points and the S&P 500 dropped 0.2% as the Iran war reached its 10th night of strikes. Trump vowed Iran will “pay many times over” for American deaths after […]
Key Takeaways Bitcoin whales added 66,700 BTC over 60 days as price rebounded to $65,420 on July 20. Short liquidations and a moving average convergence divergence ( MACD) bull signal drove Bitcoin above its 200-week […]
Key Takeaways Iran’s rial fell to about 1.95 million per dollar on July 20, days after breaking the previous record of 1.9 million set May 4. The IMF projects Iran’s economy will contract 6.1% in […]
Key Takeaways CENTCOM confirmed two U.S. deaths and one missing service member after Iran’s July 17 strike on Jordan. Brent and WTI crude gained 3% to 7% as Iran threatened the Strait of Hormuz, source […]
Key Takeaways UDX self-certified seven sports contract templates with the CFTC on July 15. Filings target first contract listings no later than July 17. Underdog bought Aristotle’s exchange and clearing entities in March. Underdog moves […]
Key Takeaways Bill would require facial age checks at login or before betting or trading. Nine House lawmakers back rules covering sportsbooks and prediction markets. NIST found age-estimation accuracy varies across algorithms and demographics. Proposal […]
Key Takeaways Betmgm said 94% of semifinal qualification money backed France. France was Draftkings and Betmgm’s largest remaining outright liability. Polymarket and Kalshi World Cup winner markets topped $5.5B in volume. Prediction markets logged billions […]
Key Takeaways The CFTC ordered Kalshi to fulfill Michigan users’ open trades normally. Kalshi had proposed force-liquidating positions after a state court order. Michigan’s original geofencing order carried a $120,000 daily penalty. Federal order protects […]
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