Twenty-eight alderpersons are challenging Bally’s construction slowdown, with some questioning whether financial pressure rather than VGTs is behind the decision. A majority of Chicago’s City Council is demanding that Bally’s…
Carl Icahn put $34 per share on the table. However, Caesars ultimately stuck with Tilman Fertitta’s $31 offer after months of competing takeover talks. A new proxy filing has shed…
Polymarket, Kalshi, Coinbase and Gemini Titan have been asked to disclose details about their users, advertising practices and influencer marketing. The New York City Council has launched an investigation into…
Republican gubernatorial candidate Byron Donalds has attracted donations from prediction markets, gaming operators and the Seminole Tribe. Gambling companies and tribal gaming stakeholders have poured more than $12 million into…
The regulator says New York’s attempt to stop Kalshi from offering event contracts threatens to disrupt derivatives markets nationwide. The Commodity Futures Trading Commission (CFTC) has issued an emergency order…
The filings, which cover spreads, totals, player props and other football markets, come days after the exchange self-certified its own combo products. DraftKings is preparing for football season with a…
Three legislators want a ban on personalized marketing to VIP customers. Three members of Congress are pressing MLB and the baseball players’ union to tighten sportsbook promotion policies following the…
The federal court decides that Kalshi is unlikely to prevail on either of its central legal arguments, while noting that sports generated up to 90% of the prediction market’s revenue.…
Michigan and Nevada are set to become the first two states to force Kalshi to geofence its platform, marking a new phase in the fight over prediction market sports contracts.…
Despite a significant dip in second-quarter profitability, DraftKings’ prediction market volume has climbed nearly fivefold since April, with management expecting customer growth to accelerate further during the NFL season. Profits…