(Research presented at the Eadington Conference found that Gambling Survey for Great Britain participation estimates exceeded administrative gambling data by as much as 694%.) A new analysis presented at a…
The bill marks the second micro betting measure to advance in New Jersey this year, after a Senate committee approved a companion proposal in March. The New Jersey Assembly Tourism,…
Nevada has now scored courtroom victories against Polymarket, Kalshi, Coinbase, Robinhood, and Crypto.com. The Nevada Gaming Control Board (NGCB) announced Monday that a state court granted its motion for a…
Illinois’ newly approved budget includes a new tax on sports-event prediction market contracts, which could lead to further litigation; it also establishes a DFS framework. Illinois lawmakers have approved a…
The proposal comes days after Fertitta Entertainment agreed to acquire Caesars Entertainment, putting two of the largest U.S. casino operators at the center of major takeover deals. Barry Diller’s People…
Kalshi ended May by filing new legal actions in Wisconsin and Minnesota. At the same time, it expanded its surveillance team amid growing scrutiny of prediction markets. Kalshi closed out…
Filing deadlines in several prediction market cases and a Texas court hearing on Brendan Sorsby’s NCAA eligibility challenge highlight the gambling industry stories this week. Prediction markets remain the gambling…
Even as DraftKings and FanDuel chase prediction markets, they’re pouring tens of millions into state politics to protect the sports betting revenue that actually pays their bills. While DraftKings and…
Minnesota’s second prediction market ban, a new New York proposal, and several regulatory measures led a quieter week for gambling legislation. As legislative sessions near adjournment in many states, fewer…
After months of speculation, Fertitta Entertainment agreed to acquire Caesars Entertainment in a transaction valued at approximately $17.6 billion. Fertitta Entertainment has reached a definitive agreement to acquire Caesars Entertainment…