The Garden State says Kalshi’s legal theory could have consequences far beyond prediction markets, potentially reaching traditional sportsbooks and casinos. New Jersey has asked the U.S. Supreme Court to decide…
Kalshi must remain geofenced in Michigan through the end of the case, with the court citing harm to youth, problem gambling, state revenue and tribal interests. A Michigan judge has…
Online consumers increasingly expect “high-assurance” age verification and minimal security risk. In the right circumstances, emerging Digital ID technology could see gambling operators onboarding new consumers with less friction and…
The NFL has a list of demands exchanges must adhere to before there is an official prediction market of the league. For now, brands are going guerilla to reach the…
Alexander’s challenge follows Brendan Sorsby’s successful bid for temporary court relief from a gambling sanction earlier this year. Another collegiate athlete is suing the NCAA over a gambling punishment, as…
Rep. Russ Diamond is seeking support for a 20% tax and regulatory framework as lawmakers are pressed by a narrowing window to address skill games. A new proposal to regulate…
What began as a casual podcast admission has resulted in FanDuel action and scrutiny from Massachusetts gambling regulators. FanDuel has taken action against Bill Simmons’ account and reported the matter…
The actions also include a permanent ban for George Santos over alleged market manipulation and a case involving improper account access. Kalshi has disclosed five new disciplinary actions against traders…
Prediction markets now have their first federal appellate split, raising the stakes for Kalshi, state regulators and a possible Supreme Court fight. The Ninth Circuit’s ruling against Kalshi is set…
Kalshi lost its fight over sports event contracts in Nevada, but the appeals court left a separate point about election markets unresolved. While the Ninth Circuit’s ruling against Kalshi over…