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...
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...
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...
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...
Caesars ends public reporting quietly with mixed bag in Q2
Earnings call season comes around four times a year in the U.S. gambling industry but not for Caesars anymore.When the land-based and online casino...
NFL betting suspension case features wildly different stories
In the case of the National Football League against an Arizona Cardinals executive, The Shield and Ryan Gold are forcing people to choose a...
Why Kalshi finally gave up its fight to stay in Nevada
Kalshi agreed Friday to fully shut down its operations in Nevada after admitting that people in the state were still able to access its...
Pennsylvania bill to ban prediction market insider trading features daily $1M penalty
Two dozen Pennsylvania state representatives are endorsing the latest legislative effort to ban insider trading on prediction markets following high-profile cases alleging ill-gotten profits.House...
Event News
SBC forms Regulatory Advisory Board to strengthen global industry dialogue
KEY TAKEAWAYSSBC brings together leading regulatory affairs experts and industry executives to support regulatory engagement, collaboration, and knowledge-sharing across international gaming markets.The New Regulatory...
SBC, VNLOK partner to strengthen licensed operator participation at SBC Summit Europe
SBC and Vergunde Nederlandse Online Kansspelaanbieders (VNLOK), the trade association for licensed Dutch online gambling operators, have agreed to a new multi-year strategic partnership...
SBC Summit 2026 ends record week with 40,000 attendees as event commits to Lisbon...
SBC Summit's record-breaking 2026 edition delivered growth not only in overall attendance, but across some of the industry’s most commercially important audience groups.Operator numbers...
SBC Summit Europe builds on Amsterdam move with regulated markets focus
SBC Summit Europe will bring together the businesses, regulators and policymakers shaping the future of regulated gambling across the continent when it takes place...