Tennessee also saw a wave of sweepstakes casino exits during July, while operators expanded restrictions in Iowa and prepared for Louisiana’s August 1 ban. July brought another wave of changes…
Prediction markets are becoming a significant business for the brokerage, with users growing by roughly one-third since the first quarter. Robinhood’s prediction market business continues to grow rapidly, with nearly…
The court ruled that sports-event contracts are unlikely to constitute swaps and rejected CFTC’s federal preemption arguments. A federal judge in Wisconsin has denied the Commodity Futures Trading Commission’s (CFTC)…
The White House employee allegedly used insider knowledge of President Donald Trump’s speeches to profit over $100,000 on Kalshi. Gabriel Perez, the White House teleprompter operator who allegedly used inside…
Government officials, sports organizations, tribal gaming groups and industry stakeholders offered sharply different suggestions for the future of prediction markets. The Commodity Futures Trading Commission’s (CFTC) proposed prediction market rule…
VGW will retire one of its longest-running brands through a phased shutdown ending Sep. 14. Virtual Gaming Worlds (VGW) will permanently shut down LuckyLand Slots on Sept. 14, ending an…
The regulator now allows researchers access to anonymized customer data, a requirement that it has not fulfilled since a 2011 state requirement. The Massachusetts Gaming Commission (MGC) has resolved a…
The regulator stated that the settlement resulted from inadequate AML risk assessments, weak third-party oversight, and ineffective controls. The UK Gambling Commission (UKGC) has published the findings of its license…
Prediction markets faced growing pressure from courts and lawmakers this week, even as operators reported record World Cup activity and continued expanding into new products and partnerships. As results highlight…
From sports event contract bans to congressional trading restrictions, federal lawmakers have introduced a wide range of bills to address the rapidly growing prediction market sector. Congress saw a wave…