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World Cup Betting Boom Puts the CFTC's Prediction Market Rulebook on the Clock

New Delhi, June 26 -- $13.5 million in a single day of World Cup trading fees, a record for prediction market platform Kalshi. It was June 24. The Commodity Futures Trading Commission's comment period... Read More


Polymarket Loses Michigan Injunction, Widening Prediction Market Court Conflict

GRAND RAPIDS, June 26 -- Polymarket entered a federal courthouse on June 17 with one task: convince a judge that the sports contracts it sells are financial derivatives, not sports bets. The judge was... Read More


Lumbee Tribe Rejects Casino Vote, Halting Plans That Predated Federal Recognition

PEMBROKE, June 26 -- The Lumbee Tribe waited 137 years for the federal recognition that would give it the legal right to build a casino. Then its members voted not to build one. In a special election... Read More


Nevada Moves to Hold Kalshi in Contempt, Exposing the Cost of Its Geofencing Gamble

New Delhi, June 26 -- On eight occasions across four days in late May, investigators from the Nevada Gaming Control Board sat inside Nevada, opened the Kalshi app, and bought prediction market contrac... Read More


Groups Sue Trump Over DACA Delays as Dreamers Lose Jobs and Work Permits

New Delhi, June 26 -- WASHINGTON - She applied for her DACA renewal in October. By June, her work authorization had lapsed. She lost her job at a healthcare clinic on the day her status expired, not b... Read More


Vance at Nixon Library: Watergate Would Be '12-Hour News Story' Today

New Delhi, June 26 -- YORBA LINDA, Calif. - A sitting vice president does not often choose the library of a president who resigned in disgrace for a book tour. JD Vance chose it Thursday, and used the... Read More


Supreme Court Rules U.S. Can Turn Away Asylum Seekers Waiting in Mexico in 6-3 Decision

New Delhi, June 26 -- WASHINGTON - She walked for eleven days through southern Mexico to reach the Tijuana port of entry. Border agents met her on the bridge, turned her back, told her to wait in Mexi... Read More


Trump and Johnson Claim Unity but Housing Bill Stays Unsigned After White House Talks

New Delhi, June 26 -- WASHINGTON - For the millions of Americans waiting for federal housing policy to deliver on a two-year-old promise, Thursday was another day without an answer. when Trump will s... Read More


House Democrats Launch 'We Are Capitalist' Pledge After Mamdani Primary Sweep

New Delhi, June 26 -- "We are capitalist, not socialist." The "Promise to America" initiative, organized by Rep. Tom Suozzi of New York and Rep. Adam Gray of California, is the most formal attempt ye... Read More


Senate Democrats Deploy Election Observers to All 35 Battleground States as Midterms Near

New Delhi, June 26 -- WASHINGTON - For the first time in Senate history, Capitol Hill employees will be deployed as official election observers inside polling places across 35 states this November, Se... Read More