Industry
Kalshi’s $3.01bn Weekend Comes With a $46m Bettor Bloodbath
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Country
United States
Every InfoBets story about betting in the United States: the regulator, the courts, tax & the operators, newest first, each with its sources.
Industry
Crypto.com & Robinhood Take Sports Contracts Fight to Supreme Court
Crypto.com & Robinhood have asked the US Supreme Court to decide who regulates sports prediction markets.
Industry
Ninth Circuit rules Kalshi sports bets illegal on tribal land
A US appeals court says Kalshi's sports event contracts are illegal gambling on tribal land.
Industry
Kalshi races Coinbase & Bitnomial to launch stock perpetuals
Kalshi, Coinbase & Bitnomial are racing to get US stock perpetual futures approved by regulators.
Industry
Kalshi faces fake volume allegations over identical $5,500 trades
Kalshi's crypto lead denies wash-trading claims after an analyst flags repetitive ether trades.
Industry
DraftKings asks USPTO to kill 18 claims in Lutnick patent
DraftKings wants the USPTO to void a geolocation patent, a Cantor patent listing Commerce Secretary Howard Lutnick as primary inventor.
Industry
Polymarket’s Coplan ‘told staff to grow & pay the fine later’
Polymarket's CEO reportedly told staff to keep growing rather than fix a fraud spike.
Industry
Polymarket bug hijacked nearly 500 accounts, WSJ reports
A signup flaw let identity thieves take over nearly 500 Polymarket accounts in July, the Wall Street Journal reports.
Industry
Polymarket hit by $10m fraud attempt as CEO pushed growth: WSJ
Polymarket's CEO reportedly prioritised growth over a fraud attempt, according to a Wall Street Journal investigation.
Industry
Polymarket’s Coplan allegedly picked growth over $10m card fraud
Polymarket's CEO reportedly pushed growth over compliance during an alleged $10m+ debit card fraud scheme.
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