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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…

Churchill Downs Inc. delivered all-time record revenue and earnings on the back of the 152nd Kentucky Derby — and, in a filing made the same evening, disclosed it is exploring…

After more than a year of speculation, the companies unveiled a free-to-play sports contest designed to avoid the legal barriers to in-flight gambling. DraftKings and Delta Air Lines have finally…

Prediction markets are becoming a significant business for the brokerage, with users growing by roughly one-third since the first quarter. Robinhood’s prediction market business continues to grow rapidly, with nearly…

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)…

New York officials could take action on or after Thursday A federal appeals court judge on Wednesday evening denied Kalshi’s motion for an injunction that would prevent New York state…

Revenue edged past consensus, and the net loss narrowed, but adjusted EBITDA missed — and with the Fertitta take-private pending, there was no earnings call to explain any of it.…

Rockstar Games has quietly disabled GTA Online’s casino gambling features for Australian players, prompting speculation that the company acted in response to the country’s stricter video game classification rules. Months…

The White House employee allegedly used insider knowledge of President Donald Trump’s speeches to profit over $100,000 on Kalshi. Gabriel Perez, the White House teleprompter operator who allegedly used inside…