Bitsize Digest
Investing, Personal Finance & Life
Food for Thought
-
The House Edge – Tribal Ruling Challenges Prediction Market Viability
THE HOUSE EDGE What the house knows. Occasionally. Issue #10 | September 27, 2026 Covering five weeks, August 16 to September 22. Two scoreboards below catch you up on the tape and the courtroom; the sections carry only what matters from here. THE LEAD Prediction markets got their legal reckoning and their best month ever,… Read more
-
THe House Edge – The House held its first hearing on Prediction Market
What the house knows. Occasionally. Issue #08 | July 26, 2026 THE LEAD Washington got loud on prediction markets this week: the House held its first hearing on sports event contracts, Nevada’s congressmen filed a ban bill, twelve senators want the ban written into the crypto bill, and Washington state became the third state with… Read more
-
The House Edge – CFTC vs. Michigan on Prediction Market regulations
What the house knows. Occasionally. Issue #07 | July 19, 2026 THE LEAD More regulatory conflict this week, and a new kind. The CFTC ordered Kalshi to keep its Michigan trades open after a Michigan judge ordered them cancelled, so a federal regulator and a state court are now giving the same company opposite orders.… Read more
-
The House Edge – New York Federal Judge blocks Kalshi
THE LEAD Prediction markets: Kalshi lost in New York, where a federal judge rejected its core preemption theory on the merits for the first time. Deals: Icahn’s $33 rival bid surfaced against Fertitta’s $31 Caesars deal just as the go-shop closed, while an Icahn-linked director quietly left the board. Gray market: Indiana and Iowa’s sweepstakes… Read more
-
The House Edge — Michigan blocks Kalshi Sports Contract
PM legal war reaches a structural threshold. Macau June GGR -12% YoY vs. a bullish CLSA demand survey. DraftKings launches its own PM exchange as Kalshi raises at $40B. Plus: Bally’s three-front pressure, NYC casino table, and a new European section. Read more
-
The House Edge – Regulatory Pressure Heats Up in Prediction Markets
What the house knows. Occasionally. Issue #04 | June 21, 2026 THE LEAD At the Jefferies Nantucket Consumer Conference this week, DraftKings, Flutter, and RSI all told the same story: World Cup is fine, but the NFL season is the buildout they’re actually racing toward. DraftKings wants “additional prediction-related updates” before September. Flutter is trying… Read more