The CFTC has ordered Kalshi to honor certain Michigan trades despite a state court directive to cancel and refund them. The move opens a new front in the federal regulator’s…
DraftKings has become the latest operator to join Michigan’s multi-state online poker market, giving players in three states access to a shared player pool. DraftKings has received approval from the…
A Michigan judge gave Kalshi 30 days to implement a geofencing technology before imposing $500,000 daily fines. A Michigan judge has extended a temporary restraining order requiring Kalshi to stop…
Some of the most recognized online operators, such as FanDuel and DraftKings, were among the 22 platforms that went live on July 13. Alberta’s iGaming market officially opened on Monday,…
Judges repeatedly challenged Kalshi’s attempt to distinguish its sports-event contracts from conventional wagers as California tribes seek to revive their bid for an injunction. A Ninth Circuit panel repeatedly compared…
Alberta’s iGaming debut, escalating prediction market disputes and a key IRS hearing set the stage for another consequential week for the gambling industry. This week in the gambling industry is…
Some of North America’s biggest betting brands are preparing to enter Alberta as the province launches its long-awaited regulated online gambling market on July 13. Alberta’s regulated online gambling market…
Kalshi’s loss in New York, new taxes, record trading volumes and fresh policy initiatives marked another eventful week for prediction markets. A federal court’s rejection of Kalshi’s preemption arguments in…
The inquiry marks a new turn in the Brendan Sorsby saga. It shifts attention to whether Cincinnati knew about his gambling activity while he was with the program. The NCAA…
Despite reports of a potentially higher offer from Carl Icahn, Caesars shares continue to trade below Tilman Fertitta’s bid, suggesting investors remain skeptical of a competing takeover. Carl Icahn is…