Fresh court pressure on the CFTC, new geofencing deadlines and another wave of July betting data headline the week ahead. Prediction markets remain the biggest gambling story on the industry’s…
Kalshi says Nevada investigators misrepresented their residence and “actively worked to circumvent” restrictions that blocked them from trading after the Aug. 12 deadline. Prediction market platform Kalshi has accused Nevada…
The CFTC “lacks the authority to dictate an order that conflicts with this Court’s decision,” according to the denial. A Connecticut judge has denied Kalshi’s emergency motion for an injunction…
Bally’s says it is pursuing asset sales, equity and new debt as liquidity pressure grows alongside major casino development projects. Bally’s Corporation reported strong revenue growth in the second quarter,…
While the CFTC is showing signs that it’s willing to regulate prediction markets, one operator is taking its own steps toward responsible trading. Here’s a look back at some of…
The Ladbrokes and Coral owner absorbed a £56 million H1 EBITDA hit from increased remote gaming taxes, with the full impact still to come in H2. Entain says the U.K.’s…
The city alleges prediction market platforms misled Baltimore residents in violation of its Consumer Protection Ordinance. Baltimore has expanded its increasingly aggressive approach to gambling enforcement to prediction markets. The…
Kalshi suffered setbacks in Connecticut and Washington during a week that also brought new lawsuits, football contract filings and further industry expansion. New York continued to be the center of…
Kalshi has flagged over 50 traders in 2026, while Polymarket has flagged over 90. Still, the CFTC has brought action against only three people so far. Prediction market platforms have…
Key New York state lawmaker does not see iGaming legalized there anytime soon. SARATOGA SPRINGS, NY – Anyone harboring hopes that New York would entertain legalizing iGaming anytime soon had…