RegulationGambling Insider · 2h ago
Experts Weigh Pros and Cons of Regulating, Taxing Prediction Markets as Lawsuits Continue
By Steve Bittenbender•August 18, 2026
The brief
Former Cuomo aide says New York should start taxing Kalshi and other prediction market operators. SARATOGA SPRINGS, NY – The story of the year in gambling has been the legal fight between federally regulated prediction markets that offer contracts on sporting events and states that claim the exchanges are illegal spor…
Original report
Gambling Insider
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