Analyzed, connected, and put into context beyond the headlines.
The NBA and NFL won't sign a prediction market deal on their own games. FanDuel handed its version to a partner instead of building one. DraftKings raised its own bet alone, with no way out written into the deal.
Read the breakdown →Mike Maddux and two others lost their jobs while the Angels owned the worst record in baseball. Their ERA wasn't even the worst in their own division, and their offense was just as bad. Something doesn't line up.
New York wants $36 billion from Kalshi. The CFTC hit back and won. But its biggest win this year came with a catch nobody reported: it may not even cover a sports bet.
Three Cubs landed on the injured list in five days, including two pitchers who matter to the club's October depth. The standings say this is fine. The transaction log says otherwise.
Restricted in three states now, Kalshi handled each one differently: withdrew from Nevada, complied in Michigan, and is fighting Washington with a $120,000-a-day penalty clock running.
Sweepstakes casinos are dying state by state, over more than a year. Prediction markets are surviving or dying in days. The difference is one piece of paper.
A staff advisory isn't a rule and can't be enforced on its own. Exchanges are falling in line regardless, because it's a preview of the real rule still coming.
Four years after opening, Ontario pulls 91% of players onto licensed sites, ahead of Michigan and New Jersey. Alberta is trying the same approach. Most US states never built the option to try.
Texas and Georgia have no legal sports betting at all. Florida and New Hampshire each hand the whole market to one operator. Missouri's market is eight months old. None of the five holdouts have much to protect.
