Latest Articles
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Prediction Markets
Federal judge rejects Kalshi bid blocking New York sports betting enforcement challenge
A federal judge has refused to stop New York regulators from enforcing the state's sports gambling laws against Kalshi, handing the prediction market operator another setback in its fight over...
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Betting
North Carolina budget reshapes gambling taxes with sportsbooks facing higher rates
North Carolina has a new state budget, and with it comes major changes for the state's gambling industry. Gov. Josh Stein signed Senate Bill 257 into law Tuesday (July 7),...
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Prediction Markets
Polymarket faces fresh legal challenges, new CFTC filings, Kalshi tops $1B, today in prediction market news LIVE
Today in prediction market news, we're tracking the biggest stories as they unfold, including a pair of new legal challenges facing Polymarket, a U.S. Army soldier's effort to dismiss the...
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Gambling
UK Gambling Commission confirms phased financial risk assessments replacing affordability checks
The UK Gambling Commission (UKGC) has confirmed that financial risk assessments will be introduced in stages, marking a major change in its regulatory approach after months of debate about proposed...
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Prediction Markets
New Jersey bill targets prediction markets with new 9% income surtax
New Jersey lawmakers are moving forward with legislation that would impose a new 9% surtax on income generated by companies operating prediction markets in the state, as legislators look to...
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Prediction Markets
Polymarket lawsuit alleges Bitcoin market rules changed after outcome occurred
Two Polymarket users have sued the prediction market platform in New York state court, claiming the company changed the rules of a Bitcoin-related market after the underlying event had already...
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Sweepstakes
VGW founder Laurence Escalante resigns as company begins leadership transition after criminal charges
VGW founder Laurence Escalante has resigned as Executive Chairman and Chief Executive Officer of Virtual Gaming Worlds (VGW), ending his 16-year leadership of the company after taking a leave of...
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Prediction Markets
US soldier seeks swift dismissal amid expanding Polymarket classified betting fraud legal battle
A US Army Special Forces soldier accused by federal regulators of using confidential military information to profit from prediction market trades is asking a federal judge to move quickly toward...
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Prediction Markets
Nevada Supreme Court keeps Kalshi injunction alive during gaming laws appeal proceedings
Nevada’s highest court has declined to pause a preliminary injunction against Kalshi as the company continues its appeal in a dispute over Nevada’s gaming laws. In the same order, the...
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Prediction Markets
Michigan Gaming Board ends National Council partnership over Kalshi responsible gambling dispute
The Michigan Gaming Control Board is cutting ties with the National Council on Problem Gambling after the organization announced a membership and investment partnership with prediction market operator Kalshi. In...
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Gambling
California judge strikes down disputed cardroom regulations after major gambling authority challenge unfolds
A California Superior Court judge has struck down state regulations aimed at the cardroom industry, ruling that the Bureau of Gambling Control exceeded its authority by adopting rules that would...
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Casino
Catawba Tribe plans two more North Carolina casinos after Kings Mountain opening
The Catawba Nation is already looking beyond Kings Mountain, with tribal leaders saying they have identified two additional sites for future casino projects somewhere in North Carolina. Catawba Chief Brian...
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Prediction Markets
North Carolina budget advances 6% tax on prediction market operators
North Carolina lawmakers advanced a wide-ranging budget bill Wednesday that would create a new tax on prediction market operators while leaving those platforms outside the state’s gambling regulatory framework. The...
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Prediction Markets
Polymarket battles cyberattack while regulatory pressure intensifies across American prediction markets
Polymarket is dealing with mounting problems on several fronts after a phishing campaign stole millions of dollars from users just as the prediction market platform faces growing pressure from lawmakers,...
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Prediction Markets
Polymarket marketing controversies, Kalshi fires back, today in prediction market news LIVE
Today in prediction market news, we're following the biggest developments shaping the industry, including growing scrutiny of Polymarket's marketing practices, reports of a new Commodity Futures Trading Commission investigation, lawmakers...
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Prediction Markets
Federal agencies join Kalshi lawsuit challenging Rhode Island prediction market enforcement authority
The federal government has stepped into Kalshi’s legal fight with Rhode Island, arguing the state cannot use its gambling laws to restrict federally regulated prediction market contracts. The move widens...
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Betting
North Carolina lawmakers approve tax overhaul affecting sports betting operators
North Carolina is one step closer to changing several tax rules tied to its legal online sports betting market after lawmakers approved a wide-ranging revenue bill. Senate Bill 595, titled...
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Prediction Markets
Kalshi court setbacks, Capitol Hill action, and CFTC filings, today in prediction market news LIVE
Today in prediction market news, we're tracking the biggest developments across the industry in real time, including a federal judge's decision to send Kalshi's lawsuit against Michigan back to state...
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Betting
NCAA and sportsbooks clash before Indiana Gaming Commission over college player prop bets
The Indiana Gaming Commission spent more than an hour Thursday hearing sharply different views on whether the state should prohibit proposition bets tied to individual college athletes. NCAA officials urged...
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Betting
Fanatics launches program targeting online abuse against athletes through sportsbook enforcement measures
Fanatics Sportsbook is rolling out a new initiative with Integrity Compliance 360 (IC360) and Signify Group that aims to identify sports bettors who threaten or harass athletes, coaches and officials...