Fechtmeyer told Gambling Insider that the sweepstakes industry has chosen to pursue state-by-state engagement with lawmakers rather than the litigation strategy adopted by prediction market operators. ARB Interactive CEO Patrick…
The CFTC says Minnesota’s new prediction market law unlawfully criminalizes federally regulated event contracts, including weather and crop-related markets used by farmers and commercial hedgers. The Commodity Futures Trading Commission…
Iowa’s new law gives regulators clearer authority to pursue unlicensed gambling operators, which could extend to sweepstakes casinos. Iowa Gov. Kim Reynolds has signed SF 2289, giving state regulators expanded…
A new Wall Street Journal investigation into Polymarket’s dispute-resolution system is expanding scrutiny of the mechanics of market resolution. Over the past year, the rapid rise in popularity of prediction…
Bally’s revenue rockets as its online casino business in the UK and Spain surges, yet its deleveraging efforts led to a $161.9 million loss. Bally’s has reported strong Q1 2026…
North Carolina lawmakers are discussing a potential sports betting tax increase as states increasingly look to gambling to help close budget gaps. North Carolina lawmakers are discussing a potential increase…
Never able to gain traction as a retail sportsbook in the digital age, DraftKings’ Wrigleyville location has closed for good. The era of the in-venue sportsbook (if there ever really…
Prediction markets continue to dominate the gambling industry conversation this week, as gubernatorial decisions and legislative deadlines headline the biggest developments to watch. Prediction market litigation and state legislative deadlines…
Here’s our Friday rundown of happenings, good and bad, in the gambling business this week. Our weekly recap of gambling industry headlines includes a letter from the head of a…
Data contradicts the notion that prediction market traders are just sports gamblers by another name. Ian Baer devised the ELI Report to replace hunches with data-backed conclusions. Sort of like…