CFTC logo
News

CFTC Drops Appeal In Kalshi Elections Case And Staff Placed On ‘Administrative Leave’ For Potential Violations

With appeal dropped, district court decision to allow election betting will stand

Hard Rock Casino Hollywood Florida Night
Analysis

Florida Wagering Lawsuit ‘We Were Always Expecting’ Destined To Fail

Nearly a year after a federal decision that green-lit statewide mobile betting controlled by the Seminoles, a complaint was filed last week in...

Analysis

Why The Federal Wire Act May Be No Threat To Prediction Markets At All

'The question becomes, not can you interpret the Wire Act this way, but do you have to?'

McPherson kickoff
Industry

This Is InGame

Welcome to the latest industry site from the Third Planet team

san-diego-skyline-framed-palm-trees
Sports Betting

Indian Country Not Happy DraftKings, FanDuel Still Offering DFS In California

Tribal lawyer suggests that pulling down platforms after AG opinion would have been a show of good faith

volodymyr-zelenskyy
Opinion

Polymarket’s Quarter-Billion Dollar Fashion Fail

The crypto prediction market wondered if Zelenskyy would wear a suit, but ... what exactly counts as a suit?

stressed-accountant
News

Nobody Knows What A ‘Session’ Is And Billions Hang In The Balance

Tax pros suggest accounting method could slightly ease the pain from the new bill for pro gamblers

Analysis

What Now? Examining The State Of Play In California Following The AG’s Bombshell DFS Opinion

Taking stock of the moving parts after the release of the attorney general's opinion

luis ortiz guardians pitching
Analysis

Guardians Pitcher Scandal Shines Spotlight On Potential Downsides Of Microbetting

Pitch-by-pitch wagering can threaten integrity — though it also may be easier to police

court-docs-pile-gavel
News

Tribes Say A New SCOTUS Decision Strengthens Argument In NJ-Kalshi Case

Filing: CFTC lacks oversight and shouldn't be allowed to approve self-certifications

NBA Finals Pacers Thunder
Analysis

Kalshi’s Latest Fee Change May Mean Higher Costs For Sports Traders

The prediction market's new formula for “maker fees” will hit some users harder than others

Titus-gambling-bill
News

FAIR BET Act Introduced To Roll Back Gambling Losses Tax Deduction Cut

Nevada Democrat's proposal would restore the amount of losses gamblers could deduct to current level

Railbird-prediction-market
Industry

What We Know About Railbird Exchange

New designated contract market has been quiet since earning Commodity Futures Trading Commission stamp

djokovic-wimbledon-2025
Features

Sports Betting’s Dog Days Of Summer

July is the slowest month on the sports calendar, and some bettors take a break