Story of the week · Sports Betting
Two Years In
Eight operators, a 50-percent tax hike on the table, and a prediction-market ban working its way through the House.
By Lapel Editorial·May 18, 2026·● FEATURED EDITION
Cover · Lapel Editorial
March 11, 2024 was the first legal bet. Two years later: $13.2 billion wagered, $287 million collected, and a lobbying field running full speed — one bill to double the operator tax, one to shut out prediction markets. The names filing those briefs are familiar ones.
