Prediction markets continue to dominate the gambling industry conversation this week, as gubernatorial decisions and legislative deadlines headline the biggest developments to watch. Prediction market litigation and state legislative deadlines…
Kalshi is seeking to consolidate multiple New York prediction market lawsuits under a single judge. Meanwhile, the state argues the move is an attempt to sidestep another federal judge’s procedural…
Bally’s has reportedly been selected as Rhode Island’s second online sportsbook operator, marking the first expansion of the state’s one-operator market since 2019. According to local reports, the Rhode Island…
Oklahoma lawmakers overrode Gov. Kevin Stitt’s veto of a sweepstakes ban bill, Minnesota passed a prediction market ban, and Louisiana passed a second sweeps-related bill. This past week marked another…
Rep. James Comer told Fox Business that the House Oversight Committee is already looking into suspicious Iran-related prediction market trades and suggested subpoenas could follow. Rep. James Comer, chairman of…
UFC President Dana White urged President Trump to reverse the new cap on gambling losses, giving supporters fresh momentum in their effort to roll it back. UFC President Dana White…
The AGA’s latest reports framed prediction markets as a growing threat to regulated gaming, while major sportsbook operators continue distancing themselves from the trade group. The American Gaming Association (AGA)…
The Minnesota lawmakers approved a public safety omnibus bill that includes a ban on prediction markets, potentially setting up another legal clash between states, the CFTC, and prediction market operators.…
DraftKings has rolled out Combos, parlay-style event contracts, and a revised fee structure for the DraftKings Predictions platform ahead of the World Cup. DraftKings has introduced Combos, a new parlay-style…