By The Weekly Edge desk ·
Rhode Island's two land-based casinos generated $55.1m in gaming revenue during August, Gaming Intelligence reported. Their combined revenue fell 4% compared with the same month a year earlier.
Rhode Island’s two casinos reported a 4% annual revenue decline, giving investors evidence of weaker August performance.
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Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
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The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The findings bear on state challenges to Kalshi and Polymarket's position that their contracts fall exclusively under CFTC jurisdiction.
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