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CFTC nominee Michael Selig dodges senators' grilling, keeping sports prediction markets in legal limbo. Michael Selig sits at a Senate hearing table, wearing a dark suit, light blue tie, and glasses, speaking into a microphone with a nameplate reading “Mr. Michael Selig” in front of him.
Prediction Markets

CFTC chairman promises ‘new course’ to pave the way for prediction markets and crypto

The Commodity Futures Trading Commission (CFTC) Chairman Mike Selig announces a review and modernization of...

Rachael Davies 5 months
Galatasaray secretary sentenced as Turkey widens sweeping illegal football betting probe. Eray Yazgan in a suit speaking in front of a red backdrop with Turkish football branding during a media appearance.
Betting
Galatasaray secretary sentenced as Turkey widens sweeping illegal football betting probe
Suswati Basu 5 months
Almost a decade of young NCAA athletes at odds with college betting. NCAA logo centered over a dimly lit indoor basketball court, with arena lights overhead and a hoop visible in the background.
Betting
Almost a decade of young NCAA athletes at odds with college gambling
Brian-Damien Morgan 5 months
Alabama Senator Katie Britt. Senator Britt leads bipartisan push to protect youth from illegal gambling
Betting
Cross-party group of US Senators push for ‘urgent action’ on rise in youth sports gambling
Rachael Davies 5 months
Massachusetts granted injunction against prediction market Kalshi. Kalshi logo on green background beside Boston skyline, representing Massachusetts injunction against prediction market.
Prediction Markets
Massachusetts granted injunction against prediction market Kalshi
Rachael Davies 5 months
Robinhood Custom Combo promotional image. Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts
Prediction Markets
Robinhood introduces Custom Combos, replacing parlays with fixed-odds sports contracts
Brian-Damien Morgan 5 months
Green background with Kalshi logo in the middle in black. Judge denies injunction as California Tribes' case against Kalshi falters. Federal judge denies Kalshi's motion to continue in Nevada. Kalshi granted temporary restraining order against Tennessee Sports Wagering Council after cease and desist
Prediction Markets
Tribes, AGA, and 27 states challenge Kalshi over the limits of federal gambling law
Brian-Damien Morgan 5 months
Finland, Helsinki. View to the city. Finland confirms dates and processes for opening up gambling market
Gambling
Finland confirms dates and processes for opening up gambling market
Sophie Atkinson 5 months
White background with Tipico logo in red on the left and EGBA logo in red on the right.
Gambling
Tipico joins the European Gaming and Betting Association, expanding representation in Germany
Sophie Atkinson 5 months
Royal Courts of Justice, London (exterior). UK Gambling Commission receives judgment in gambling bosses court case
Gambling
UK Gambling Commission receives judgment in gambling bosses court case
Brian-Damien Morgan 5 months
UK Gambling Commission suggests Meta could be turning a 'blind eye' to illegal gambling ads. Meta logo overlaid on a blurred image of a person holding a tablet, suggesting online advertising on Meta platforms.
Gambling
UK Gambling Commission suggests Meta could be turning a ‘blind eye’ to illegal gambling ads
Sophie Atkinson 5 months
An image of Alec Gandy, provided by the NHSCFA on a dark grey background. Former NHS manager jailed for £123,000 fraud
Gambling
Former NHS manager jailed for £123,000 gambling fraud
Brian-Damien Morgan 5 months
Americans worry sports betting hurts integrity even as participation keeps rising. Person holding smartphone displaying live sports betting app, fist raised, with American flag in background.
Betting
Americans worry sports betting hurts integrity even as participation keeps rising
Sophie Atkinson 5 months
A person sitting at a table filling in a document. Why the new IRS draft gambling reporting threshold matters
Gambling
Why the IRS draft update for gambling tax reporting matters
Brian-Damien Morgan 5 months
Lee County Sheriff investigation, Florida. Lee County Sheriff confirms two active investigations at local gambling arcades
Gambling
Lee County Sheriff confirms two active investigations at local gambling arcades
Rachael Davies 5 months
VGW announces multi-year partnership with WWE to create 'unique player experiences.'
Sweepstakes
VGW announces multi-year partnership with WWE to create ‘unique player experiences’
Rachael Davies 5 months
Tennessee Action 24:7 logo
Betting
Tennessee’s only licensed sportsbook shuts its doors, thanking users for their play and loyalty
Rachael Davies 5 months
Nevada skyline behind Polymarket logo. Nevada files to block Polymarket from offering 'unlicensed wagering' in the state. Judge denies Nevada's request for temporary restraining order against Polymarket
Prediction Markets
Nevada files to block Polymarket from offering ‘unlicensed wagering’ in the state
Rachael Davies 5 months
Santa Anita Park racecourse. California officials confiscate Santa Anita gambling machines days after installation
Gambling
California officials confiscate Santa Anita gambling machines days after installation
Rachael Davies 5 months
Allwyn completes $1.5 billion deal to acquire majority stake in PrizePicks. Allwyn and PrizePicks logo on black background
Gambling
Allwyn completes $1.5 billion deal to acquire majority stake in PrizePicks
Rachael Davies 5 months

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