The Chicago Blackhawks have just become the first professional sports team to partner with futures market leader Kalshi in a deal that will allow both sides to use each other’s intellectual property. Breaking the Ice The Blackhawks may be one of the NHL’s oldest franchises, but they will be a pioneer and perhaps even a

After several attempts by Missouri legislators to keep the NFL’s Kansas City Chiefs in the Show-Me State, neighboring Kansas issued a year-end ultimatum that proved to be successful when they offered to fund the majority of a brand-new stadium in Wyandotte County and training facilities a half hour south in the suburb of Olathe. Kansas

Michael Selig, the SEC Crypto Task Force Chief Counsel and Senior Advisor to the Chairman, has been confirmed by the US Senate to become the acting chairman of the Commodity Futures Trading Commission. Nominated & Confirmed Michael Selig has successfully navigated the treacherous waters of partisan politics and found himself on the majority’s side, winning

Because of President Trump’s One Big Beautiful Bill Act, the tax threshold on slot jackpots will increase after decades of stagnation, much to the delight of slot players and gaming state legislators. Moving On Up Increasing the tax threshold for jackpot winners from $1200 to $2000 is a baby step taken by a middle-aged bill.

Cryptocurrency exchange Coinbase has filed lawsuits against several states, claiming they have no authority to regulate prediction platforms that are currently licensed by the Commodity Futures Trading Commission. Making a Federal Case Coinbase Global recently entered the futures prediction market in collaboration with industry-leading Kalshi and will also offer its Custom Stablecoins as another expansion

An additional tax on mobile sportsbooks taking wagers in Chicago could become a reality on January 1st if the current budget proposal is not amended, which could mean that up to five sportsbooks could close their virtual doors in the Windy City. A Taxing Issue for Sportsbooks Illinois has not been a hospitable, tax-friendly environment

DraftKings unveiled its prediction market brand, DraftKings Predicts, a collaboration with the CME Group that will ultimately integrate its Railbird Exchange. Ready, Set, Launch! DraftKings’ long-awaited entry into the prediction market was finally realized late last week, and it is active in 38 states. However, DraftKings is only offering its sports event trading in 17