Books
FanDuel Switched Its Illinois Surcharge Back On Five Days After a Federal Judge Told Illinois It Probably Cannot License Kalshi. The Tax Survived. The Licence Did Not
Priya Natarajan · Oct 7 · 5 min
Topic
Market Structure
Betting
Kalshi Set Two All-Time Records in Two Days. Most of the Money Was in Parlays, and Most of the Number Is Not Handle
Priya Natarajan · Oct 5 · 6 min
Soccer
FIFA Merged Two International Breaks Into One 16-Day Block. The Match Count Did Not Fall.
Tommy Reyes · Sep 24 · 5 min
BettingDeveloping
Kalshi Asked for Leverage on Everything Except the Three Categories It Is Being Sued Over
Priya Natarajan · Sep 23 · 5 min
Betting
Kalshi Just Had Its Biggest Week Ever. Nearly Two-Thirds of It Was Parlays, and the Headline Number Is 4.3 Times the Cash
Priya Natarajan · Sep 22 · 6 min
Betting
A Trader Says Kalshi's Crypto Volume Is Fake. Kalshi's Defence Is Better Than the Accusation — and Worse for the Industry
Priya Natarajan · Sep 21 · 6 min
Betting
Kalshi Charged Its Market Makers a Fee. Its Customers Paid It, Four Times Over.
Priya Natarajan · Sep 19 · 7 min
Books
Florida Has Legal Online Slots. They Are Called Sports Betting and They Settle on Races Run Years Ago
Priya Natarajan · Sep 17 · 7 min
Books
Kalshi Undercut the Books by 12 Basis Points in the One Market Almost Nobody Bets
Priya Natarajan · Sep 16 · 5 min
Betting
Circa Took In $38.5 Million This Month and Kept Roughly None of It
Priya Natarajan · Sep 13 · 6 min
Betting
A Federal Judge Put Kalshi's Sports Revenue at 90%. Six Days Later It Filed to Become a Stock Exchange.
Tommy Reyes · Sep 12 · 6 min
Betting
Connecticut Stopped Trying to Win the Preemption Fight. It Subpoenaed Apple Instead.
Priya Natarajan · Sep 12 · 6 min
Betting
The Circuit Split Is the Headline. The District Courts Are the Story.
Priya Natarajan · Sep 11 · 7 min
Books
On Thursday the Two Companies Funding the War on Prediction Markets Told Investors They Are Fine Either Way
Tommy Reyes · Sep 11 · 6 min
Betting
Robinhood Switched Michigan Off on Wednesday and Asked the Supreme Court on Thursday to Rule That It Never Has To
Priya Natarajan · Sep 10 · 6 min
Books
Polymarket Hired a 1990s Fortune 500 CFO. That Is the Most Honest Thing It Has Said About Kalshi All Year.
Priya Natarajan · Sep 10 · 5 min
Betting
H2 Says NFL Handle Falls 0.8% This Season. The Number Worth Reading Is the 4-to-6% Underneath It.
Priya Natarajan · Sep 9 · 6 min
Betting
$49.6 Million Traded on One Tennis Match That Ended at 3:33 in the Morning. The $3.8 Million Winner Is the Least Interesting Number in It.
Tommy Reyes · Sep 9 · 5 min
Books
FanDuel Made the 3% Disappear Eight Days After Charging It. The Refund Is the One Product an Exchange Cannot Copy.
Tommy Reyes · Sep 9 · 5 min
Betting
Robinhood Now Routes Your Football Contracts Across Five Venues, and It Owns a Piece of Two of Them
Priya Natarajan · Sep 8 · 6 min