A federal judge granted the CFTC a preliminary injunction against Arizona. At the same time, he signaled a potential stay pending Ninth Circuit ruling. A federal judge in Arizona has…
Judges on Massachusetts’ highest court questioned whether Kalshi’s sports event contract resembles gambling and falls within the state’s gambling statutes. The Massachusetts Supreme Judicial Court signaled skepticism of Kalshi’s core…
The Oklahoma Legislature has passed a bill that would prohibit online casino games, including those utilizing dual-currency systems used by sweepstakes casinos. The Oklahoma Legislature has approved Senate Bill 1589,…
The Lumbee Tribe of North Carolina’s leadership voted to amend its constitution, a formal step towards a potential casino. The Lumbee Tribe of North Carolina’s leadership voted 17-2 to amend…
Caesars no longer accepts credit cards as a deposit method across all of its U.S. platforms, aligning with the broader industry shift. Caesars Entertainment has stopped accepting credit card deposits…
Kalshi heads into two pivotal court hearings this week as lawmakers revisit gambling bills and major operators report Q1 earnings. Prediction market litigation leads this week’s gambling agenda, with key…
Federal authorities have revealed new details about an alleged Northern Indiana gambling ring, including the use of credit betting, local businesses, and intimidation tactics. More details are emerging about an…
U.S. sports leagues and players’ unions are urging the CFTC to adopt stricter oversight and safeguards over sports-event contracts, while calling for a direct role in enforcing them. Major U.S.…
Minnesota advanced sweepstakes and prediction market bans, Iowa and Louisiana moved enforcement bills, and New York pushed new responsible gambling measures. This week, Minnesota passed separate Senate bills targeting online…
A last-minute influx of submissions highlights growing opposition from tribal groups and policymakers, even as academics and users defend prediction markets as tools for price discovery. The Commodity Futures Trading…