When Kalshi published three enforcement notices targeting political candidates who bet on their own elections, it looked like a clean win for self-regulation. Then one of the candidates explained he…
New York Attorney General Letitia James has launched a legal challenge against Coinbase and Gemini, accusing the crypto giants of running illegal gambling operations through their prediction markets. New York…
Polymarket is in talks at a valuation of roughly $15 billion, just months after sitting at $9 billion. Polymarket is reportedly in talks to raise $400 million at a valuation…
Former Chicago Mayor Rahm Emanuel is pitching a 10% federal levy on all types of online gambling, including prediction markets. Former Chicago Mayor and U.S. Ambassador to Japan, Rahm Emanuel,…
Lawmakers advanced a bill that would ban prediction markets in the state, while also hearing extensive testimony regarding a proposal to legalize online sports betting Minnesota lawmakers took a decisive…
Washington D.C. lawmakers are considering legalizing online casinos, with a new bill that could allow poker, slots, and table games, while banning sweepstakes platforms Washington, D.C., could be the next…
With the White House warning staff about betting on sensitive events, Richard Blumenthal is pressing Coplan for answers. After the White House warned its staff last month against using their…
A U.S. court has stopped Arizona from pursuing criminal charges against Kalshi. A federal judge in Arizona has blocked the state from continuing its criminal prosecution of Kalshi, granting the…
DraftKings formally resolves MLBPA player rights case as wider legal challenges remain. A federal judge in Philadelphia has formally dismissed one of the most closely watched player rights cases in…
Missouri shuts down state’s major illegal gambling device supplier after a decade-long fight. The biggest supplier of illegal gambling devices in Missouri agreed to suspend all of its operations in…