Learning DFS is easier when you understand the terminology. This guide covers the all the essential fantasy sports terms every new player should know.

Sporttrade is shutting down its state-licensed sports betting platform as it shifts toward federally regulated prediction markets, ending the only remaining exchange-style sportsbook available to U.S. bettors.

Oklahoma lawmakers overrode Gov. Kevin Stitt’s veto of SB 1589, clearing a ban on sweepstakes-style online casino games

A New Jersey Assembly committee has advanced A4002, a bill requiring sportsbooks to publish account-limiting rules and notify customers when restrictions are applied

Pennsylvania Democrats have introduced HB 2497, a bill that would bring prediction markets under state gaming oversight.

New industry data shows Kalshi’s sports prediction market volume has reached a level that would place it among the largest U.S. sportsbooks by adjusted handle-per-adult

The U.S. Senate unanimously approved a rules change barring senators, officers and staff from trading on prediction markets - a direct federal response to concerns that public officials could profit from privileged information

Minnesota lawmakers have advanced a bill that would make operating or supporting prediction markets a felony in the state

Federal prosecutors say a U.S. Army special forces soldier used classified information tied to the capture of Nicolás Maduro to make more than $400,000 on Polymarket

Kalshi said it fined and suspended three political candidates for five years after they traded on the outcomes of their own races, treating the activity as a violation of its insider-trading rules.

New reporting has tied more than $1 billion in unusually well-timed Iran-related trades to prediction markets and adjacent commodities, including wagers placed shortly before airstrikes, leadership changes and ceasefire signals

Virginia has approved legislation that would impose a 10 percent tax on daily fantasy sports revenue and a separate 2.6 percent regulatory fee, replacing the state’s older registration-first approach with something closer to a standard gaming model.