Illinois’ newly approved budget includes a new tax on sports-event prediction market contracts, which could lead to further litigation; it also establishes a DFS framework. Illinois lawmakers have approved a…
The proposal comes days after Fertitta Entertainment agreed to acquire Caesars Entertainment, putting two of the largest U.S. casino operators at the center of major takeover deals. Barry Diller’s People…
As gambling has exploded in popularity across the US, women gamblers are often overlooked, despite growing participation in the historically male-dominated space. Gambling Insider talked to Kindbridge’s Kurinn Wright about…
Kalshi ended May by filing new legal actions in Wisconsin and Minnesota. At the same time, it expanded its surveillance team amid growing scrutiny of prediction markets. Kalshi closed out…
Filing deadlines in several prediction market cases and a Texas court hearing on Brendan Sorsby’s NCAA eligibility challenge highlight the gambling industry stories this week. Prediction markets remain the gambling…
Quarterback seeks injunction to play despite previously betting on his own team. As Brendan Sorsby and his legal team try to get a Texas court to stop the NCAA from…
Let’s recap some of the top stories in the gambling business this week. Prediction markets continue to dominate the gambling industry news cycle, as parlays, insider trading and President Trump…
‘I think it’s time to give my keys over to someone else‘ It felt warm waiting around for the Ohio Casino Control Commission meeting to end an executive session of…
Trouble deepens for former NBAer Terry Rozier, as prosecutors pile on an another charge. Hours after one of his indicted co-conspirators changed his plea to guilty in a federal sports…
Even as DraftKings and FanDuel chase prediction markets, they’re pouring tens of millions into state politics to protect the sports betting revenue that actually pays their bills. While DraftKings and…