CFTC stays neutral on prediction markets under Michael Selig, while Sports Betting Alliance sues Chicago over new sportsbook taxes.
Tag:
Kansas
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The Kansas City Chiefs will move to Kansas City, Kansas in 2031. Meanwhile, in Chicago, the Blackhawks become the first NHL franchise to partner with Kalshi.
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Kansas lawmakers may raise sports betting taxes amid Missouri’s market launch. Meanwhile, Chicago is considering a per-bet tax on sportsbooks to raise revenue.
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Kansas Governor Laura Kelly signed House Bill 2001, aiming to lure the Chiefs and Royals with funding for new stadiums. The bill’s STAR bond program offers significant financial incentives, making Kansas a compelling option for the teams amid Missouri’s funding and sports betting challenges.
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Amendments to the gaming compact between the state of Kansas and the Iowa Tribe will allow sports betting on the Iowa’s tribal land pending approval from the governor and the U.S. Department of the Interior.
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Prairie Band Casino and Resort in Kansas becomes the state’s first tribal casino to launch a sportsbook, following Kansas’ approval of sports betting in 2022. The casino partnered with Kambi Group for sports betting services, with revenue contributing to the tribal community.
