25 Results - Page 1
DraftKings investors react to Jason Robins’ prediction-market strategy as the CFTC weighs margin trading and NCLGS joins New Jersey’s Supreme Court fight with Kalshi. Image by Filip Filipović from Pixabay A pair of major casino M&A…
Federal insider trading probes and fresh political pressure add more layers to an already contentious week for prediction markets. AI-generated image This week in prediction markets was highlighted by escalating litigation in Connecticut and Montana, while…
The U.S. Securities and Exchange Commission (SEC) has charged Lottery.com and several former senior executives with alleged financial fraud following a special purpose acquisition company (SPAC) merger, marking the latest escalation in a years-long collapse that…
Eleven briefs backing New Jersey raise questions about exchange self-certification, traditional sportsbooks, tribal sovereignty, age restrictions and even the Supreme Court’s PASPA ruling. Bill Mason / Unsplash New Jersey’s legal fight with Kalshi has drawn 11 amicus briefs…
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. AI-generated image Prediction markets dominated another day of gambling…
Federal regulators reportedly examine sportsbook advertising practices. Meanwhile, conflicting reports have emerged over Kalshi’s tribal partnership. Photo by Ian Hutchinson on Unsplash DraftKings and FanDuel continue to draw scrutiny over their marketing practices, as the Federal Trade Commission (FTC)…
Another record weekend highlights the industry’s rapid growth, while a new poll reveals widespread opposition to betting on elections and government affairs. Jakub Żerdzicki / Unsplash Another weekend, another prediction market trading record. Kalshi approached $8 billion in…
Both request IT security audits in wake of Marshall Gramm case. Gambling Insider In the days after Marshall Gramm accepted a suspension from the Horseracing Integrity and Safety Authority, two major entities in the sport that have had…
Owner, handicapper returns prize money from betting contests and continues to “work in good faith” with HISA. NTHA Marshall Gramm, the horse racing owner and handicapper accused by the Horseracing Integrity and Safety Authority of fraud and improperly…
A spat at a CFTC meeting, an insider trading controversy bubbling up around horse racing, and a sports betting editor setting a fine example make headlines. When we’re talking next month about football driving billions of…
