Latest Articles
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Prediction MarketsWisconsin warns election bettors they could lose voting rights amid Kalshi lawsuit
Wisconsin election officials are telling residents they cannot legally bet on an election and vote in that same contest, setting off a fierce response from prediction market company Kalshi, which...
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Prediction MarketsWashington judge clears path for injunction against Kalshi over prediction markets
A Washington judge has ruled that prediction market operator Kalshi likely violated the state's gambling and consumer protection laws, paving the way for a preliminary injunction that could require the...
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Prediction MarketsCongress grills sports prediction markets as Kalshi faces court setback, today in prediction market news LIVE
Today in prediction market news, we're following the biggest developments shaping the industry, including today's congressional hearing on sports prediction markets, a Washington state court's preliminary injunction against Kalshi, and...
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GamblingSt. Louis drug trafficker sentenced after gambling away $1.5M in cocaine proceeds internationally
A St. Louis trafficker who admitted blowing more than $1.5 million in cocaine proceeds through gambling has been sentenced to 15 years in federal prison after prosecutors said he tried...
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Prediction MarketsSenate Democrats push tighter prediction market rules to protect tribal gaming
A group of Senate Democrats is urging Congress to tighten federal oversight of prediction market platforms, warning that pending digital asset legislation could weaken tribal gaming protections and erode states'...
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CasinoBally’s Chicago casino reaches full height as spring 2027 opening advances
Bally’s Chicago reached a major step toward opening its permanent casino this week after construction crews lifted the final structural steel beam into place, bringing the massive riverfront development to...
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BettingCouncil of Europe urges FIFA to tackle betting threats before 2030 World Cup
Betting-related threats should move to the top of football's agenda once the 2026 FIFA World Cup ends, according to the Council of Europe. On the day of the tournament final,...
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Prediction MarketsCongress faces heated debate over sports prediction markets federal gambling regulatory authority
Congress is set to hear sharply conflicting testimony Tuesday (July 21) over who should regulate sports prediction markets and whether Congress should step in to redefine them as gambling instead...
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GamblingUK opens consultation targeting unlicensed gambling sponsorships across British sport
The UK government has opened a consultation on plans to stop British sports organizations from signing sponsorship and advertising deals with gambling companies that are not licensed by the Gambling...
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Prediction MarketsIllinois fights federal injunction bid over prediction markets gambling enforcement dispute
Illinois is asking a federal judge to reject requests that would temporarily block the state from enforcing its gambling laws against sports and election prediction markets, arguing the products are...
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GamblingCardinals executive Ryan Gold suspended indefinitely amid NFL gambling appeal dispute
Arizona Cardinals vice president of player personnel Ryan Gold has been suspended indefinitely by the NFL after the league concluded he violated its gambling policy. The discipline took effect immediately,...
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Prediction MarketsFrance orders internet providers to block access to Polymarket over illegal gambling concerns
France's National Gambling Authority (ANJ) has ordered French internet service providers to block access to the Polymarket website, saying the platform promotes gambling services that are not authorized to operate...
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Press releasesWhy seasoned traders consume less information, not more
The volume of market data available to retail traders has never been higher. Their decision-making accuracy? It hasn’t necessarily improved with it.In the mid-1970s, a professional trader's day started with...
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CasinoTwo British Scattered Spider hackers jailed over London attack linked to MGM and Caesars breaches
Two British members of the Scattered Spider cybercrime collective who helped carry out the 2024 cyberattack on Transport for London have been sentenced to five-and-a-half years in prison, bringing to...
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GamblingWashington and Tulalip reach tentative gaming compact update with modern safeguards
Washington state officials and the Tulalip Tribes of Washington have reached a tentative agreement on a new amendment to the Tribe's Class III gaming compact, bringing decades of revisions into...
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GamblingEvolution agrees to pay $6.4M settling UK license review investigation
Evolution has agreed to pay £4.75 million ($6.38 million) to resolve a license review by the UK Gambling Commission, ending an investigation that began in December 2024 into how its...
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Prediction MarketsKalshi says it flagged and referred Trump teleprompter operator trades to CFTC as White House responds
Kalshi says it spotted suspicious trading tied to markets on President Donald Trump's speeches before anyone raised the issue publicly, then investigated the activity and alerted federal regulators. The prediction...
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GamblingEntain begins restructuring with 500 job cuts as tax pressures mount
Entain is moving ahead with organizational changes that will lead to about 500 job losses as the Ladbrokes and Coral owner pushes to streamline its operations. The company confirmed the...
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Prediction MarketsIllinois congressman presses Polymarket amid scrutiny over election marketing promotions and practices
Rep. Raja Krishnamoorthi is pressing prediction market platform Polymarket for answers about its marketing practices, arguing that paid influencer partnerships may have helped spread election misinformation while creating financial incentives...
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Prediction MarketsCFTC orders Kalshi to restore unwound Michigan prediction market trades
The Commodity Futures Trading Commission (CFTC) has directed Kalshi to complete pending trades that the prediction market operator had previously unwound after a Michigan state court order. The move leaves...
