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Boyd Gaming Illinois casino Par-A-Dice Peoria

Tax Policy Center: Prediction Markets Could Ding State Wagering Revenue

Prediction markets are pulling bettors away from traditional gaming, threatening state tax revenue Highly exposed sports-betting states face the sharpest potential budget deficits Lawmakers are already shifting policy, with state-level prediction market taxes gaining momentum As cash-strapped states search for...

Todd Shriber June 9, 2026

All Prediction Markets  News

DraftKings hack, account takeover, online betting security, payment method fraud, cybersecurity breach, Kamerin Stokes, Jospeh Garrison, Nathan Austad, fraud for fun network

DraftKings Stock Soars as May Prediction Market Volume Jumps

DraftKings said its prediction market volume surged 24% month-over-month in May On an annualized basis, that’s a 34% increase Investors liked the news, sending...

Todd Shriber June 9, 2026
EDGE Boost

EDGE Markets Secures $29.2M Series A to Launch Prediction Market Banking Rails

The New York-based alternative fintech firm secured a $29.2 million Series A funding round led by prominent venture firm CoinFund The capital will fund...

Todd Shriber June 8, 2026
Kalshi, prediction markets, Arizona gambling laws, CFTC, sports betting

Kalshi Investor Andreessen Horowitz Identifies Surge in Non-Sports Prediction Volume

The crypto arm of Andreessen Horowitz (a16z) notes that while sports betting volume on Kalshi is hitting record highs in absolute dollars, its share...

Todd Shriber June 1, 2026