George Santos trades $35,000 to end CFTC probe into Kalshi activity
Former Congressman George Santos agreed to a fine of more than $35,000 to settle allegations that he illegally profited from gaming a Kalshi market...
Kalshi faces stunning $36 billion suit from New York AG James
Ohio regulators captured industry attention in April when they announced plans to fine Kalshi $5 million for "conducting sports gaming without a license." On...
How Underdog went from DFS startup to $1.3B prediction markets acquisition
Timing and agility dictate the success of most mergers and acquisitions, as Underdog Sports showed clearly in selling Thursday to IG Group for $1.3bn.After...
Hires and Higher-Ups: Bragg Gaming Group board chair to step down
The last week of July proved to be a light period for job movement in U.S. gaming.Each week, SBC Americas details the latest...
Is Kalshi in trouble after oral arguments at Sixth Circuit court?
A panel of judges in the U.S. Court of Appeals for the Sixth Circuit heard oral arguments from representatives of Kalshi and the states...
MGM Resorts special committee to review People Inc. takeover bid
MGM Resorts International announced during its quarterly earnings call the formation of a special committee to review a blockbuster takeover bid from People Inc.On...
Prediction Markets Weekly: Appeals judge clears New York to pursue Kalshi
This week in prediction markets saw more litigation updates than most weeks, with significant court updates from Nevada, Minnesota, Wisconsin, and more, as well...
Rush Street Interactive: prediction markets filing just contingency plan
Rush Street Interactive's CEO confirmed Wednesday that the company applied for designated contract market (DCM) registration with the Commodity Futures Trading Commission (CFTC).However, Richard...
Massachusetts regulator cites operators for alleged betting violations
The Massachusetts Gaming Commission (MGC) held a public meeting on Tuesday to discuss several alleged noncompliance matters involving four sports betting operators.The MGC’s open...
CFTC denied preliminary injunction in Wisconsin, judge says case ‘makes no sense’
The Commodity Futures Trading Commission (CFTC) failed in its initial attempt to block Wisconsin's efforts to shut down prediction market platforms in the state.The...




















