Prediction Markets and Casinos Go to War Over Sports Betting

Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question.

Why This Matters

Kalshi and Polymarket say their prediction markets are not subject to gambling laws and taxes. The casino industry is lobbying to shut them down as a wave of court cases take on the question. The story is categorized under Crime & Justice with a neutral tone (score -0.10).

Key Insights

Primary keywords: prediction, markets, polymarket, gambling, industry.
Topic focus: Crime & Justice coverage with neutral sentiment.
Source context: reported by NY Times Business.
Published: 2026-02-07.

Tone & Sentiment

The article tone is classified as neutral, driven by the language and emphasis in the summary. The sentiment score of -0.10 indicates the strength of that tone.

Context

This piece fits within the broader Crime & Justice narrative, connecting current events to ongoing developments. Readers tracking Crime & Justice trends can use this article as a concise signal of what is shaping coverage right now.

Related Topics

Crime & Justice

Key Takeaway

In short, this article underscores key movement in Crime & Justice and explains why it matters now.

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NY Times Business Prediction Markets and Casinos Go to War Over Sports Betting