Taxes July 7, 2026
New Jersey Eyes 9% Tax on Prediction Markets
New Jersey lawmakers are advancing a bill that would impose an additional 9 percent tax on income earned by companies and individuals that operate prediction markets.
SEC June 15, 2026
Former SEC Chair Says Kalshi is Flat Wrong: Sports Bets Aren’t Swaps
Gary Gensler, overseer of Wall Street for significant parts of the last two decades, has a message for anyone arguing sports betting is a matter for federal financial regulators: They’re wrong.
SEC May 21, 2026
SEC Chief Atkins Pumps the Brakes on Prediction-Market Funds
The top U.S. securities regulator is delaying the launch of a wave of novel exchange-traded funds that would let investors wager on events such as elections and economic data.