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Even as DraftKings and FanDuel chase prediction markets, they’re pouring tens of millions into state politics to protect the sports betting revenue that actually pays their bills. While DraftKings and…

Minnesota’s second prediction market ban, a new New York proposal, and several regulatory measures led a quieter week for gambling legislation. As legislative sessions near adjournment in many states, fewer…

In the space of two months, a prediction-market brand most fans had never heard of went from a fresh license in a small British territory to a logo on the…

Fairley, like fellow co-conspirators Damon Jones and Jalen Smith, has pleaded guilty in the betting scandals that have ensnared pro and college basketball. Marves Fairley, described as a “fixer” in…

After months of speculation, Fertitta Entertainment agreed to acquire Caesars Entertainment in a transaction valued at approximately $17.6 billion. Fertitta Entertainment has reached a definitive agreement to acquire Caesars Entertainment…

Kalshi has sued Minnesota over a newly enacted prediction market ban. The complaint follows a separate CFTC challenge on earlier prediction market legislation signed by Gov. Tim Walz. Kalshi has…

Federal authorities allege a Google software engineer used confidential “Year in Search” data to generate more than $1.2 million trading Polymarket event contracts. Federal authorities have charged a Google software…

While eyebrows were raised when Gibraltar licensed Predictstreet just before the upstart exchange announced a deal as a FIFA World Cup sponsor, Nigel Feetham says his country is well-positioned to…

The NCAA ruled Sorsby permanently ineligible over gambling violations as the Texas Tech quarterback completed treatment and publicly addressed his addiction recovery. The NCAA has denied Texas Tech quarterback Brendan…

DraftKings has self-certified several sports event contract products with the CFTC, while revealing the name of its in-house platform. DraftKings-owned Railbird Exchange has self-certified its first six sports event contracts…