BetMGM CEO says prediction markets competition driving up costs
The continued expansion of prediction markets into sports and marketing overdrive is affecting BetMGM, but the different platforms cater to different audiences when it...
Judge pauses Arizona’s criminal case against Kalshi after CFTC steps in
Days after denying Kalshi temporary relief against Arizona state officials, a federal judge granted a request from the Commodity Futures Trading Commission (CFTC) for...
Wisconsin Gov. Evers signs bill to legalize tribe-run online sports betting
Wisconsin's federally recognized tribes will soon be able to offer statewide online sports betting. Gov. Tony Evers signed a bill that the legislature passed...
Massachusetts to reopen sportsbook licensing amid bet365 interest
Massachusetts may soon be adding more online sportsbooks.The Massachusetts Gaming Commission (MGC) voted unanimously at a meeting on Thursday to reopen the sports betting...
Arizona judge denies Kalshi an injunction as CFTC looks to handcuff state
A federal judge has denied Kalshi's motion for a temporary restraining order (TRO) and a preliminary injunction against Arizona as the Commodity Futures Trading...
Third Circuit says New Jersey can’t block Kalshi’s sports contracts
Kalshi received some favorable legal news on Monday with a federal appellate court ruling that the prediction market can offer sports event contracts in...
CFTC sues AZ, CT, and IL, alleging prediction markets overstep
When Commodity Futures Trading Commission (CFTC) Chair Michael Selig said "we'll see you in court", he wasn't kidding.The CFTC announced on Thursday that, in...
Kentucky passes in-state prediction markets ban despite Derby concerns
On a long deadline day in the Kentucky General Assembly on Wednesday, the state passed a major gambling reform bill that, among other things,...
Louisiana senator tosses bill to ban prop bets over lost revenue concerns
Louisiana bettors will continue to have access to prop betting markets after a proposed legislative ban on the wagers will no longer be considered...
Iowa Senate passes bill to try to license and tax prediction markets
The Iowa Senate has become the first U.S. legislative chamber to pass a bill that would attempt to regulate and tax online prediction market...




















