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

Crypto exchange Coinbase is reportedly gearing up to enter the prediction market competition that has seen many other firms enter the fray as well. The date of the launch has not been released, but the company will employ Kalshi’s technology to power this new exchange. Coinbase Predicts New Market Launch The rumors regarding crypto exchange

FanDuel is set to expand its market reach with a new product, “FanDuel Predicts,” aimed at entering the prediction market industry. The rollout is expected to happen very shortly, and sports event contracts will only be offered in states where legalized sports betting is not available. Prepare to Launch Fanatics has become the first mobile

Prediction markets have decided that a united front is a more powerful force battling state gaming regulators than opposing them individually. The major platforms have banded together to form the Coalition for Prediction Markets. United We Stand The preeminent mobile sportsbooks formed the Sports Betting Alliance (SBA) to promote their interest throughout the nation. Therefore,