New Jersey lawmakers are considering imposing a 9% tax on prediction markets.
Outlined in a new bill, the measure would effectively recognize the Commodity Futures Trading Commission (CFTC) as the prediction markets control body, while still allowing the state to benefit from the offering of such products. New Jersey is looking to implement a 9% tax on prediction markets, aiming to regulate the sector through the CFTC.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
England vs. Argentina kicks off in the World Cup Semifinals at 3 p.m. ET on FOX from Mercedes-Benz Stadium in Atlanta, Georgia.
