Missouri AG targets six prediction markets, expects legal challenge
Missouri is the latest state to order prediction markets to stop offering sports event contracts, and Attorney General Catherine Hanaway already expects her enforcement...
Ninth Circuit rules for California tribes in Kalshi sports betting case
Kalshi suffered another court loss this week, this time regarding its ability to offer sports event contracts on tribal land.On Wednesday, the Ninth Circuit...
Underdog sues Connecticut after state attacks prediction markets
Underdog has bitten another state, filing a federal lawsuit on Wednesday against Connecticut officials amid the state's recent spate of enforcement actions against the...
Key Congressional committee backs reversing gambling loss tax deduction change
A year-long effort to reverse the change to the federal gambling loss tax deduction finally took a step forward in Congress this week.The House...
Connecticut expands prediction markets crackdown
Connecticut’s latest prediction markets enforcement action is not simply another warning to operators.The Connecticut Department of Consumer Protection last week issued cease-and-desist orders to...
Ban abusive sports bettors, US pro leagues and unions plead
Five major North American pro leagues and their respective players associations wrote to state gaming regulators on Tuesday to call for a unified crackdown...
Why Crypto.com sports betting petition to Supreme Court is so ‘special’
Kalshi dominates both trading volume and legal filings among U.S. prediction markets, but Robinhood and Crypto.com could decide the industry's future after asking the...
Could Robinhood’s Michigan deal be a blueprint for states?
Robinhood will remove its sports event contracts from Michigan effectively immediately, the Michigan Gaming Control Board announced Wednesday.Just how long Robinhood remains on the...
Underdog sues states, ditches DFS licenses in prediction markets push
Underdog sued five states in federal court this week, preemptively seeking injunctions to prevent states from trying to shut down its sports prediction markets.Those...
New bet365 layoffs hit overseas as US expansion ramps
Gaming heavyweight bet365 pushes into the United States this month with a force seemingly matched by headwinds it faces overseas that caused layoffs Tuesday.Shortly...




















