New York resident Timothy McCormack became the first defendant in the high-profile NBA insider betting scandal to be sentenced, as Judge LaShann DeArcy Hall imposed a two-year federal prison term…
A West Virginia lawmaker has introduced two companion bills that would significantly increase gambling taxes in the state, raising both sportsbook and online casino rates to 25%. Delegate Adam Burkhammer…
New York gaming regulators moved quickly on Tuesday to cite a Massachusetts court ruling against Kalshi, as state authorities escalate legal pressure on sports prediction market platforms. The Massachusetts ruling…
The Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has proclaimed that U.S. financial markets are entering a “golden age.” He said the CFTC has a “generational opportunity” to future-proof…
A new gambling awareness and harm prevention program in Irish soccer will feature sessions led by former players who’ve experienced addiction. Former Liverpool defender Dominic Matteo, who made 127 appearances…
Robinhood has announced that users of its sports prediction markets platform can now create parlay-style “custom combo” contracts. The January 16 reveal shows that multi-legs are possible through winners, totals,…
The U.K. Gambling Commission’s (UKGC) Executive Director of Research and Policy, Tim Miller, criticized Meta for allowing illegal gambling operators to run ads on its platforms. He made the remarks…
California gaming tribes have gained momentum in their legal challenge against prediction market platforms operating in the state. The American Gaming Association (AGA) and a coalition of 27 states, plus…
Ongoing financial issues forced Hawthorne Race Course to cancel all harness races for a third consecutive weekend, deepening uncertainty for Illinois horsemen awaiting delayed payments. The Illinois Harness Horsemen’s Association…
Prediction markets platform Polymarket now faces its first legal action in the U.S., directly targeting its offering of sports event contracts, after the Nevada Gaming Control Board (NGCB) filed a…