All Articles by Andrew O'Malley

Goldman Sachs CEO and Chair David Solomon revealed during the company’s Q4 earnings call that he has recently met with the leadership of what he called “two big prediction market…

A federal judge in Nevada partially paused Kalshi’s ongoing case with state regulators. Chief Judge Andrew P. Gordon did so on January 14 to allow the Ninth Circuit to consider…

The NCAA is once again urging regulators to ban individual college sports prop bets, following the revelation of a sweeping college basketball point-shaving scheme that federal prosecutors unsealed on Jan.…

A heated debate over legalizing South Carolina’s first commercial casino resurfaced on Jan. 13, as lawmakers weighed a proposal that supporters hope to revive by tying gambling revenue to environmental…

Nebraska’s biggest casino company and the nation’s largest online sportsbooks are bypassing lawmakers and taking their fight for mobile sports betting directly to voters. WarHorse, which operates casinos in Lincoln…

Convicted illegal bookmaker Mathew Bowyer is facing a permanent ban from all of Nevada’s casinos. The Nevada Gaming Control Board (NGCB) nominated his name for addition to the List of…

Chicago’s effort to fill budget gaps by taxing the sports betting market has triggered a broader political fight between city officials, state lawmakers, and the gambling industry. The city is…

New Commodity Futures Trading Commission (CFTC) Chairman Michael Selig has begun reshaping the agency’s approach to prediction markets. Since assuming the position on December 22, he has already appointed a…

A new bill introduced in the House this week would statutorily undo the 90% gambling loss deduction that took effect on January 1, giving the House Ways and Means Committee…

Opposition in the Senate has dealt a blow to efforts to restore the gambling loss deduction to 100%. According to Punchbowl News, Sen. James Lankford (R-OK) believes the 90% cap…