A judge denied Evolution’s attempt to add Playtech to the lawsuit stemming from the Black Cube report that wiped billions from the supplier’s market value. A New Jersey court has…
The ruling overturns lower court decisions that determined the machines fall outside the definition of gambling devices. It gives lawmakers 120 days to determine their future. The Pennsylvania Supreme Court…
College quarterback banned for gambling calls audible after Big 12 files its own lawsuit So, the temporary injunction Brendan Sorsby received in a Texas court last week to play college…
Novig sees prediction markets as its prime opportunity as a sports betting exchange. Novig’s pivot to a full-fledged prediction market appears to be complete, as the company announced today it…
Lionel Messi promoted Kalshi’s World Cup campaign in a paid Instagram post, giving the prediction market operator unprecedented exposure as it expands through a sponsorship agreement with the Argentina Football…
Mintas has publicly advocated for prediction markets for months. Now, her startup is seeking federal approval to launch its own exchange. 365Prediction, a prediction market startup founded by gaming industry…
The Big 12 sued Texas Attorney General Ken Paxton and Texas Tech in federal court Sunday, asking a judge to confirm it can punish the school for fielding quarterback Brendan…
The World Cup kicks off, the CFTC addresses a prediction markets problem, longshot bettors cash in on the Knicks, and DraftKings and FanDuel end up on different sides of this…
The investment bank says the U.S. market remains too small to materially affect global World Cup wagering forecasts despite expanded legal sports betting access. Additional analysis from Macquarie suggests that…
A newly formed industry coalition emerged, Nevada escalated its fight with Kalshi, and the CFTC continued its campaign against state prediction market restrictions. Prediction market litigation intensified Friday, June 12,…