Tribal prediction-market partnerships deepen the divide within the industry. Meanwhile, states pressed the Supreme Court to review prediction markets, and lawmakers widened their scrutiny of betting operators. Prediction markets dominated…
State enforcement triggers new prediction-market pullbacks. Meanwhile, a Tribe takes the Kalshi fight to the Supreme Court, and lawmakers continue to press FanDuel over its VIP program. Connecticut officials say…
Leon Xiao argues regulators are failing to enforce existing gambling laws against trading card packs, as increasingly expensive products, card breaks and repacks blur the distinction between collecting and gambling.…
DraftKings faces a fresh legal challenge as scrutiny of its AI practices continues to spread. DraftKings is facing a proposed class action over its alleged use of artificial intelligence to…
The regulator is moving to further define which event contracts qualify as swaps as the prediction-market sector expands its media reach, product offerings and user safeguards. The Commodity Futures Trading…
Industry opposition intensified in Las Vegas as legal, congressional and regulatory scrutiny mounted around the fast-growing sector. Prediction markets dominated the conversation at G2E on Tuesday as some of the…
Two major developments reshaped the regulatory landscape for sports betting and prediction markets, while fresh enforcement actions and legislation added to a busy weekend. Kalshi suffered another major appellate defeat…
New York’s legal battle with prediction markets expanded to Polymarket. Meanwhile, Kalshi reportedly geofenced California Tribal lands and Massachusetts will examine DraftKings’ use of AI. New York has turned its…
The CFTC is flagging manipulation risks in mention markets, while NCPG addresses its industry funding model amid criticism tied to prediction markets, and Kalshi’s legal battles continue to expand. The…
The Ohio Casino Control Commission (OCCC) parted ways with the National Council on Problem Gambling (NCPG), joining state gaming regulators in Michigan and Nevada in opposing the organization’s $2 million…