Nevada is escalating its fight with Kalshi, announcing plans to file a civil enforcement action, accusing the prediction market platform of aggressive expansion while ignoring gaming regulations. Nevada’s Attorney General’s…
A Tennessee federal judge has raised serious doubts about whether sports prediction markets belong under financial trading laws, putting fresh pressure on Kalshi. A federal judge in Tennessee has questioned…
A years-long undercover probe has ended with a $3 million forfeiture after authorities uncovered hundreds of illegal gambling machines operating across Pennsylvania. Pennsylvania Attorney General Dave Sunday announced that a…
Andrew Rhodes will step down as chief executive of the UK Gambling Commission on April 30. The UK Gambling Commission (UKGC) has announced that chief executive Andrew Rhodes will step…
A fleeting Super Bowl appearance by Cardi B was enough to spark conflicting settlement decisions that left some traders with unexpected losses and rattled prediction platforms. Cardi B’s Super Bowl…
As Kalshi blocks Massachusetts users, Polymarket is escalating the battle to the federal court, claiming state gambling laws can’t touch CFTC-regulated prediction markets. Polymarket has sued Massachusetts in federal court,…
Giannis Antetokounmpo’s new stake in Kalshi is raising eyebrows, with critics questioning potential conflicts of interest after millions flowed into markets betting on his NBA future. NBA star Giannis Antetokounmpo…
Drake’s costly betting run continued this weekend after he lost $1 million on the New England Patriots, adding another chapter to his growing list of high-profile losses. Drake’s betting curse…
Ireland’s gambling industry has officially entered a new era, with the Gambling Regulatory Authority of Ireland now accepting licence applications and preparing to enforce sweeping new rules. Ireland’s newly formed…
The New York State Gaming Commission is urging professional sports leagues to back up public integrity concerns with action, noting that no league has formally requested limits on betting markets.…