DraftKings is in hot water over NCAA trademark claims and sports betting laws, as regulators crack down on online gambling and prediction markets.
Nebraska and Wisconsin are moving toward legalizing online sports betting on tribal platforms, amid ongoing debates over regulation and gambling addiction. Nebraska's prediction markets are already active, while Wisconsin's bill awaits governor approval, highlighting the evolving landscape of U.S. sports wagering.
Prediction markets like Polymarket and Kalshi are under increased scrutiny after recent insider trading cases. Polymarket has flagged a soldier for using non-public information, while Kalshi emphasizes its regulatory compliance. Politicians and industry players are pushing for tighter regulation amid concerns over fairness and legality.