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CFTC guidance sparks debate over sports prediction markets oversight and legality. Illustration showing the U.S. Commodity Futures Trading Commission (CFTC) seal centered over a football, basketball, soccer ball, and baseball against a digital trading data background, representing regulation of sports-related prediction markets.

Prediction Markets

CFTC guidance sparks debate over sports prediction markets oversight and legality

Prediction markets in the U.S. just received a clear signal from regulators that the sector...

Suswati Basu 5 months

Kalshi sues Iowa officials claiming federal authority over prediction market contracts. Graphic showing the word “Kalshi” on a black background beside a large illuminated arch bridge over a river at dusk.

Prediction Markets

Kalshi sues Iowa officials claiming federal authority over prediction market contracts

Suswati Basu 5 months

Construction resumes at Wynn Al Marjan Island resort project in UAE amid Iran tensions. Aerial rendering of Wynn Al Marjan Island resort in Ras Al Khaimah, showing a tall bronze hotel tower surrounded by beaches, pools, and a circular marina with yachts in turquoise Gulf waters at sunset.

Casino

Construction resumes at Wynn Al Marjan Island resort project in UAE amid Iran tensions

Suswati Basu 5 months

Two men in business suits shake hands across a table while signing documents, with CFTC and SEC logos visible in the background, symbolizing regulatory cooperation between the agencies. US regulators CFTC and SEC move closer together as crypto and prediction markets expand

Prediction Markets

US regulators CFTC and SEC move closer together as crypto and prediction markets expand

Suswati Basu 5 months

Valve pushes back against lawsuits claiming loot boxes violate gambling laws. Screenshot from Counter-Strike showing two masked counter-terrorist characters with rifles on a stone rooftop and wall, with a dramatic cloudy sky in the background.

Gambling

Valve pushes back against lawsuits claiming loot boxes violate gambling laws

Suswati Basu 5 months

Sacramento beauty queen admits $10M investment fraud funding gambling trips. Asian woman wearing a crown and “Ms. U.S.” sash smiling on stage during a pageant while people behind her clap and celebrate.

Gambling

Sacramento beauty queen admits $10M investment fraud funding gambling and trips

Suswati Basu 5 months

Man lying in bed at night looking at a glowing smartphone while stylized gold coin icons float upward from the screen, suggesting online gambling or betting activity as another person sleeps beside him in a dimly lit bedroom. Digital betting boom reshapes American gambling habits raising financial harm concerns

Gambling

Digital betting boom reshapes American gambling habits raising financial harm concerns

Suswati Basu 5 months

Polymarket partners with Palantir and TWG AI to monitor sports prediction markets. Illustration showing Polymarket and Palantir logos beside a smartphone displaying a soccer ball, with gold dollar coins floating above, symbolizing sports prediction markets and betting technology.

Prediction Markets

Polymarket partners with Palantir and TWG AI to monitor sports prediction markets

Suswati Basu 5 months

US lawmakers propose ban on death betting prediction markets. Split image showing Sen Adam Schiff and Rep. Mike Levin in suits—one speaking at a podium against a dark background, the other smiling in a portrait-style photo with a blurred indoor background.

Prediction Markets

US lawmakers propose ban on death betting prediction markets

Suswati Basu 5 months

Prediction Markets

Federal judge rejects emergency injunction bid from prediction market Polymarket in Michigan

Suswati Basu 5 months

California cardrooms sue to block new gambling rules threatening jobs. California Republic and United States flags flying beside a cardroom casino interior with a green blackjack-style gaming table and players seated in the background.

Gambling

California cardrooms sue to block new gambling rules threatening jobs

Suswati Basu 5 months

Inspired Entertainment extends bet365 virtual sports partnership ahead of World Cup. Image showing the Inspired Entertainment and bet365 logos above a soccer field with a football in the foreground and a row of international flags, representing global virtual sports betting partnership.

Betting

Inspired Entertainment extends bet365 virtual sports partnership ahead of World Cup

Suswati Basu 5 months

Prediction Markets

Ohio federal judge rejects Kalshi injunction over sports event prediction markets dispute

Suswati Basu 5 months

MLS issues lifetime bans to two former players over betting scandal. Split image showing Derrick Jones and Yaw Yeboah, two professional soccer players connected to an MLS betting investigation. On the left, a player in a gray Columbus Crew training top sits outdoors during an interview. On the right, another player in a white Bethlehem Steel FC uniform controls the ball during a match, with a Pepsi advertisement visible in the stadium background.

Betting

MLS issues lifetime bans to two former players over betting scandal

Suswati Basu 5 months

Betting

Jalen Smith pleads guilty in sweeping NCAA basketball point shaving scandal

Suswati Basu 5 months

Valve faces federal class action lawsuit claiming loot boxes run illegal gambling system. Screenshot from the original Counter-Strike showing two armed player characters moving through a narrow street while aiming rifles in a Mediterranean-style map.

Gambling

Valve faces federal class action lawsuit claiming loot boxes run illegal gambling system

Suswati Basu 5 months

Prediction Markets

Underdog buys Aristotle exchange licenses to launch US sports prediction market

Suswati Basu 5 months

Women remain minority among Spain online gamblers but participation rising rapidly. Woman sitting at a casino table using a smartphone to place a bet or play an online gambling game, with slot machines and chandeliers blurred in the background.

Gambling

Women remain minority among Spain online gamblers but participation rising rapidly

Suswati Basu 5 months

NSW regulators warn gambling companies over influencer marketing and online promotions. Three men sit on a couch while being filmed by a camera on a tripod, appearing to record a podcast or online video together.

Gambling

NSW regulators warn gambling companies over influencer marketing and online promotions

Suswati Basu 5 months

ACMA says betting firms’ failures undermine BetStop national self-exclusion system. Hand holding a smartphone displaying a sports betting app interface with live odds, match listings, and fluctuating betting data.

Betting

Australian regulator penalizes six betting firms over BetStop failures protecting self-excluded

Suswati Basu 5 months

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