All Articles by Chavdar Vasilev

Sweepstakes casinos accelerated their withdrawal from several U.S. states during June, with Indiana emerging as the industry’s primary focus ahead of its July 1 prohibition. While sweepstakes casino legislation slowed…

The league cited timing and integrity concerns, while Sorsby’s attorney said the decision violates the collective bargaining agreement. Texas Tech quarterback Brendan Sorsby will not enter the NFL through a…

The vote halts a proposed casino development along Interstate 95 less than a year after the tribe secured federal recognition. Members of the Lumbee Tribe of North Carolina voted Tuesday…

The filings target the states’ recently enacted measures to tax certain prediction market contracts. The Commodity Futures Trading Commission (CFTC) sued Kentucky on Monday following the state’s recent enforcement actions…

The trade body alleges Facebook and Instagram have become major distribution channels for illegal gambling advertisements and are helping fuel the growth of the Dutch black market. Dutch gambling trade…

Citizens argues that Railbird and market making, not today’s trading volumes, could become the most valuable parts of DraftKings’ prediction markets business. The most valuable part of DraftKings’ prediction markets…

The prediction market industry is betting big on politics. Many Americans appear uncomfortable with the wager. Americans are significantly more comfortable with sports-related prediction markets than those tied to elections…

The commission’s June 25 agenda includes a request from the NCAA to prohibit proposition wagers on college athletes in Indiana. The Indiana Gaming Commission (IGC) will consider a request from…

Prediction market litigation will again dominate the week, with hearings scheduled in Michigan and Utah and several major filing deadlines approaching. Several key prediction market cases return to court this…

The vote preserves an estimated 7,000 sweepstakes machines across Chicago as officials continue battling over VGT expansion, casino revenue, and Bally’s warnings of potential legal action. The Chicago City Council…