Novig relaunches as prediction markets platform in 47 states
Novig completed its latest transformation on Tuesday, this time to a sports-focused prediction market platform by launching its federally regulated exchange across the U.S.Around...
Circa Sports gets Arizona betting license once held by Betway
Arizona awarded one of two available sports betting licenses to Circa Sports and the San Juan Southern Paiute Tribe, concluding a reallocation process the...
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...




















