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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

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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?'

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Industry

This Is InGame

Welcome to the latest industry site from the Third Planet team

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News

Contracts On The Next Pope Were Being Traded On Kalshi Well After Announcement

While Pope Leo XIV was announced as the next pope at around 1:14 p.m. ET, Kalshi traders kept going until 1:26

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Finance

‘Happening Whether You Want It To Or Not’: DraftKings CEO’s Message To Tribes On Event Futures

Jason Robins says prediction markets could force hand of states, tribes that haven’t legalized sports betting

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News

Pair Of Bills To Legalize Sports Betting In Oklahoma Die In Senate

One bill would've given tribes an exclusive on betting, the other would've sent it to voters, neither got through

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Legal

Kalshi: Nevada AG’s Arguments Go Against ‘Fundamental Principle Of The Constitution’

Kalshi argues the federal law governing futures contracts supersedes state laws

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News

Did The White Smoke From The Vatican Cause Kalshi To Crash?

Kalshi experienced outages in the critical moments before Robert Prevost’s papacy was announced

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Finance

Penn Reports Revenue Loss, Teases New ESPN Bet Integration In Generally Upbeat Call

Executives tout Mint Club, saying members log in 2.7 times more often than average users, bet 60% more

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Analysis

Post-PASPA US Sports Betting Handle Surpasses $500 Billion

Betting in '25 off to a fast start, and the next milestone — $600 billion — may be just six months away

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Features

The Semantic Showdown: How Language Could Reshape Sports Betting

Redefining wagering as financial trading could fundamentally alter its regulation across America

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Finance

FanDuel Owner Sets Up Team To ‘Closely Monitor’ Prediction Markets

During earnings call, Flutter Entertainment boss Peter Jackson says there are 'direct and indirect opportunities' for FanDuel in U.S. futures markets