CFTC ‘mention markets’ letter to prediction operators long on talk, short on action
The Commodity Futures Trading Commission (CFTC) on Tuesday sternly wagged a finger at prediction markets operators over repeated insider trading on "mention markets" in...
NCPG board president speaks out after members quit over Kalshi deal
The board president of the National Council on Problem Gambling (NCPG) spoke out Tuesday on the non-profit's relationship with Kalshi that is leading some...
How much will Caesars shareholders receive after Fertitta deal closes?
Caesars Entertainment shareholders on Tuesday voted to approve one of the biggest gaming industry acquisitions in history.Stockholders held a special meeting on Sept. 22...
Robins: DraftKings can win with or without sports prediction markets
DraftKings CEO Jason Robins said the company is positioned to benefit whether sports prediction markets remain available or are ultimately curtailed by courts.During a...
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...




















