New Jersey lawmakers are expected to revisit a proposal to tax prediction markets when the legislature returns in the fall after the measure failed to reach floor votes before the summer recess.
New Jersey lawmakers are set to reconsider a plan to tax prediction markets with a 9% surtax on net income when they reconvene in the fall. The aim is to generate extra revenue for the state, as the bills had previously passed budget committees in both legislative chambers.
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.
