Illinois legislators advance attempt to block Chicago betting tax
Numerous Illinois state legislators want to block Chicago from continuing to implement its city tax on sports betting, and a bill to do just...
Novig reaches $500M valuation with Series B funding round
Less than a month after applying for registration with the Commodity Futures Trading Commission (CFTC), Novig has received a fresh injection of capital to...
Nevada regulator goes on offensive against Kalshi in state court
Nevada’s gaming regulator is pursuing civil enforcement action against Kalshi in state court, as it seeks to block the predictions market operator from offering...
RSI could bring higher minimum bet from Illinois to other states
Rush Street Interactive (RSI) is considering making changes to its house rules elsewhere in the U.S. as lawmakers across the country consider tax rate...
Selig reveals CFTC filed amicus brief in Crypto.com litigation
Commodity Futures Trading Commission (CFTC) chair Michael Selig again stepped up his rhetoric on the regulation of event contracts.On Tuesday, Selig announced that the...
NBA commissioner: No problem with Giannis investing in Kalshi
NBA commissioner Adam Silver said that the league will continue to treat prediction markets as if they were sports betting in terms of what...
BetMGM in hot water for allegedly sending emails to underage people
BetMGM came under fire from Massachusetts regulators after a report found the online sports betting and casino operator allegedly sent marketing materials to underage...
DraftKings CEO vows to go full throttle with prediction markets
DraftKings’ effort to solidify a footprint in the nascent prediction market space will not only continue but ramp up, CEO Jason Robins told investors...
CFTC names FanDuel and DraftKings on innovation committee
The Commodity Futures Trading Commission (CFTC) gave its latest indication that it may be amenable to the continued convergence of prediction markets and gaming...
Washington Senate approves bill to allow betting on in-state college teams
Washington senators approved a bill this week that would allow state residents to bet on in-state college sports teams, as long as they did...




















