Prediction Markets and Casinos Go to War Over Sports Betting

Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.

Feb 8, 2026 - 10:30
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Prediction Markets and Casinos Go to War Over Sports Betting
Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.

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