A Congress subcommittee will discuss sports event contracts, while gambling operators begin reporting earnings, and more June sports betting figures are likely to come. Prediction markets remain at the center…
The ruling stems from Italy’s gambling advertising ban and could have wider implications for YouTube gambling channels, affiliates and influencer partnerships across Europe. Europe’s highest court ruled that Google may…
The operator says Philadelphia exceeded its authority by adopting the ordinance and that the measure conflicts with Pennsylvania’s consumer protection and gaming laws. DraftKings has sued the City of Philadelphia,…
Prediction markets faced another week of legal battles, congressional scrutiny and product expansion, with Kalshi fighting on multiple fronts while new exchanges and products continued to emerge. Courts in New…
Google’s list of states where prediction market ads are prohibited has expanded to four, with the company adding New York and Michigan. Google has added Michigan and New York to…
Claims that FanDuel was deliberately undervalued during its 2018 merger will move forward after a New York judge largely rejected efforts to dismiss the case. A New York Supreme Court…
The bipartisan proposal, backed by Kalshi, comes as prediction markets face growing scrutiny over underage trading and renewed calls for federal gambling standards. Rep. Josh Gottheimer, D-N.J., introduced bipartisan legislation…
The supplier avoided more severe sanctions after the regulator found no evidence of widespread access to its games through unlicensed operators. Evolution has agreed a £4.75m ($6.4m) settlement with the…
Rep. Raja Krishnamoorthi is seeking answers from Polymarket over allegations that paid influencers promoted election misinformation while advertising prediction markets. An Illinois congressman is demanding answers from Polymarket over concerns…