All Legal & Regulatory News Articles

A key defendant allegedly contacted a co-defendant and used rat emojis on Instagram to intimidate potential witnesses. Federal prosecutors have asked a judge to revoke Deniro Laster’s bond and hold…

Tribal representatives urged Congress to protect state and tribal gaming authority. They argued that sports-event contracts operate like bets without equivalent regulatory safeguards. Tribal gaming leaders urged Congress to rein…

The court sided with Utah, rejecting Kalshi’s claim that federal law supersedes state gambling regulation. A federal judge in Utah has become the first in the country to enter a…

The regulator said the former congressman made misleading public statements about attending President Trump’s speech while trading contracts tied to the outcome. The Commodity Futures Trading Commission (CFTC) has fined…

The first full week of August brings key courtroom hearings, major gambling earnings reports and the unofficial start of football betting season. Prediction market litigation remains in the spotlight with…

The CFTC is taking steps to address prediction markets’ cross-ownership of market makers, Underdog has agreed to be bought by a British trading firm, and the WNBA puts heat on…

Conflicting court rulings and a major acquisition underscored both the legal uncertainty and commercial momentum surrounding prediction markets. Prediction markets saw another eventful week as courts issued conflicting rulings on…

The state wants to stop the prediction market platform from operating within its borders, recover allegedly illegal gains and obtain restitution for consumers. New York Attorney General Letitia James has…

Tennessee also saw a wave of sweepstakes casino exits during July, while operators expanded restrictions in Iowa and prepared for Louisiana’s August 1 ban. July brought another wave of changes…

The court ruled that sports-event contracts are unlikely to constitute swaps and rejected CFTC’s federal preemption arguments. A federal judge in Wisconsin has denied the Commodity Futures Trading Commission’s (CFTC)…