New Jersey AG questions if sports contracts even qualify as legal swaps
New Jersey Attorney General Matthew Platkin has submitted his opinion on the legality of sports event contracts to the court. While some of his...
NGCB reaches $8.5M money laundering settlement with MGM
MGM Resorts has agreed to a $8.5 million stipulated agreement after failing to adhere to anti-money laundering rules by allowing illegal bookmakers to gamble...
Arizona regulator orders six unlicensed operators to exit state
The Arizona Department of Gaming (ADG) has sent a collection of cease and desist orders to a group of unlicensed gambling operators accepting customers...
MA regulators question the blurred lines between ESPN and ESPN Bet
An adjudicatory hearing with the Massachusetts Gaming Commission (MGC) reflects the growing pains that comes not just with the sports betting industry and its...
NCAA penalizes former Baylor employee for improper DFS bets
A former employee at Baylor University is being penalized by the NCAA for a series of sports betting infractions involving the school and its...
Tennessee regulator urges CFTC to prohibit sports event contracts
The Tennessee gaming regulator is the latest body to write to the Commodity Futures Trading Commission (CFTC) about prediction market operators offering sports contracts,...
Michigan regulators announce investigation into prediction markets
Michigan regulators are the latest state gaming authority to announce action related to the burgeoning market of sports-related event contracts.A press release from the...
PA regulators admit they don’t have much power when it comes to sweeps
Representatives from the Pennsylvania Gaming Control Board (PGCB) spoke to the Pennsylvania Assembly Gaming Oversight Committee and admitted that, while they have successfully sent...
Nevada judge says CFTC clearly oversees event contracts, not state
The explanation of the ruling in favor of Kalshi's request for a temporary restraining order in the Nevada District Court offered some fuel for...
Delaware finally gets sweepstake group VGW to exit the state
The Delaware Division of Gaming Enforcement has finally gotten VGW to stop operating in the state.The regulatory body announced the news in a press release,...




















