Kalshi

What the Kalshi Rulings Mean for the Numbers on Your Screen

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Comparison graphic showing the Tampa Bay Rays World Series price in late July 2026. Five sportsbooks ranged from +1200 to +1700 on July 31, a spread of 500 points. Polymarket had them at +1752 on July 28, which is 52 points past the longest sportsbook price.

A federal judge in Utah ruled Tuesday that the state’s ban on gambling reaches Kalshi’s sports event contracts. Four days earlier, New York sued the company for running what its attorney general describes as an unlicensed gambling operation. The Kalshi lawsuit docket now covers most of the country. Nothing about it points one way. What … Read more

The Public Picked the World Cup Champion and Still Lost the Tournament

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Infographic on 2026 World Cup betting. Belgium beat the USA 4-1 in the round of 16 with the US priced at -130 to advance. 81 percent of Caesars to-qualify handle backed the United States, including a single $750,000 Circa wager. The Spain-Argentina final became the most-bet soccer match ever at BetMGM, Caesars and DraftKings.

Spain lifted the trophy at MetLife Stadium on July 19, and plenty of American bettors had called it. Spain was the most-backed team to win the tournament at BetMGM before a ball was kicked. That should have been an expensive month for the sportsbooks. Instead, World Cup betting handle records fell week after week and … Read more

Prediction Markets Ate the Super Bowl: Kalshi’s $871M vs. Nevada’s 10-Year Low

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Infographic comparing Super Bowl LX betting. Kalshi prediction market handled $871M total volume including $497.7M on game winner alone, up 32x from $27M last year. Nevada sportsbooks handled $134M, lowest since 2016, down 12% year-over-year.

Nevada’s Super Bowl Handle Just Hit a 10-Year Low. Where Did the Money Go? The Nevada Gaming Control Board released its Super Bowl LX wagering figures on Monday, and the headline number stunned the industry. Nevada’s 186 sportsbooks handled $133.8 million on the Seahawks’ 29-13 win over the Patriots. That’s the lowest Super Bowl handle … Read more

Prediction Markets vs Sportsbooks: What Bettors Need to Know

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Infographic showing prediction markets industry growth. Kalshi weekly trading volume exceeds $1 billion. Valuation grew from $5B to $11B. Sports accounts for 87% of volume. DraftKings Predictions now available in 38 states.

A New Way to Bet on Sports If you live in California, Texas, or one of the other states where sports betting remains illegal, you can now wager on NFL games through a loophole that has state regulators scrambling. Prediction markets like Kalshi and new offerings from DraftKings and FanDuel are accepting sports wagers in … Read more