Prediction market litigation continues in Connecticut and Rhode Island, while governors in Colorado and Louisiana could soon act on several gambling-related bills. Prediction markets remain at the center of the…
Our weekly wrap-up is packed with sometimes funny, potentially telling and often unsettling gambling industry news. As we head into Memorial Day Weekend, let’s look back at the week that…
A California judge has temporarily blocked Attorney General Rob Bonta’s proposed blackjack-style gaming regulations. The Court found that the state likely exceeded its authority. A California judge issued a preliminary…
Kalshi filed a preemptive suit against Rhode Island officials seeking to block potential enforcement action. Hours later, the Rhode Island Attorney General responded with a suit against Kalshi and Polymarket.…
Betr has acquired a CFTC-registered introducing broker, allowing the company to fast-track plans to launch prediction markets powered by Polymarket. Betr has acquired Ascent Capital Management Inc., securing National Futures…
Minnesota’s new prediction market ban immediately triggered a federal lawsuit, while governors in Louisiana and Iowa signed gambling-related bills, and Tennessee’s sweeps deadline arrived. Despite legislative sessions winding down across…
Representing prediction markets, Patrick McHenry was grilled about the rising asset class by his former colleagues during a hearing on Capitol Hill. As Wednesday’s congressional hearing veered from the topic…
Recent developments in Ireland and India have intensified scrutiny around prediction market integrity, market manipulation, and cross-border enforcement. Irish Finance Minister Simon Harris called prediction markets a “wild, wild west”…
The announcement that the NCPG and Kalshi have partnered to create a new council membership category for financial services and trading is raising eyebrows. Whether prediction markets, particularly their popular…
Schuler has been among the more vocal and visible regulators regarding sports betting, athlete safety. (UPDATE: 5/20 3:30 pm ET: This story has been updated to include comments from Wednesday’s…