DraftKings MLB market error leads to nearly $3 million in customer payouts
An effort by DraftKings to void a series of MLB wagers that have a payout of nearly $3 million has failed following separate rulings...
Major sportsbooks threaten to exit Chicago on Jan. 1
The members of the Sports Betting Alliance have informed Chicago Mayor Brandon Johnson that, if things don't change, they will be forced to cease...
Senate confirms crypto expert Michael Selig as next CFTC chairman
The selection process for a new chair of the Commodity Futures Trading Commission (CFTC) has finally come to a close after nearly a year...
DraftKings makes entry into prediction markets with standalone app launch
DraftKings is officially making its entry into the prediction market space with the launch of a standalone app.On Friday, DraftKings launched of DraftKings Predictions,...
Coinbase lawsuit says Kalshi enforcement action in IL and MI ‘imminent’
A new set of lawsuits from cryptocurrency group Coinbase suggest that enforcement action is imminent against Kalshi and other firms offering sports contracts in...
Massachusetts keeps moving towards rules on limiting bettors
Massachusetts' gambling regulator has proposed a new regulation that would make the state the first in the U.S. to require sportsbooks to inform their...
PA regulators vent to lawmakers about sports prediction markets
Pennsylvania lawmakers discussed the proliferation of sports event contracts as the state’s gaming regulator considers possible license revocation for casinos and sportsbooks that partner...
Congressman asks CFTC chief to answer for Kalshi-CNN partnership
After Kalshi announced official partnerships with multiple major media outlets in December, a Congressman wants the Commodity Futures Trading Commission (CFTC) to answer his...
Kalshi running out of ways to keep sports contracts online in NV
Kalshi is quickly running out of options when it comes to ways to stay online with sports contracts in the state of Nevada.Judge Andrew...
TwinSpires stays undefeated in Michigan ADW legal challenge
Churchill Downs continued its undefeated streak against the Michigan Gaming Control Board (MGCB) in the legal battle over advance-deposit wagering (ADW) apps. The Sixth...




















