Pocock slams gambling logos on sports jerseys
ReadWriteby Suswati·5h ago
Independent senator David Pocock has accused the Albanese government of undermining its own pledge to break the connection between gambling and sport, after it emerged betting company logos could...
Kalshi fights New York case in federal court
ReadWriteby Suswati Basu·7h ago
Kalshi is pushing to keep New York’s lawsuit against the prediction-market operator in federal court, saying the state’s case cannot be resolved without answering key questions about federal...
CFTC backs Polymarket case against US soldier
ReadWriteby Suswati Basu·7h ago
The Commodity Futures Trading Commission (CFTC) is backing the criminal case against Gannon Ken Van Dyke, a US Army master sergeant accused of using classified military information to make more...
Polymarket military bets face insider trading scrutiny
ReadWriteby Suswati Basu·3d ago
More than 150 cryptocurrency wallets betting on military events through Polymarket behaved in ways researchers associate with possible insider trading.
Ontario fines Booming Games over auto-play slots
ReadWriteby Suswati Basu·3d ago
Ontario’s gambling watchdog has hit Booming Games with a CAD $70,000 ($51,000) penalty after discovering that players could use a banned auto-play feature on several online slot titles.
Caesars Sportsbook fined $297K for New Jersey violations
ReadWriteby Suswati Basu·3d ago
Caesars Sportsbook has been ordered to pay more than $296,000 after New Jersey regulators found the company broke several rules designed to support responsible gambling.
CFTC innovation meeting erupts over prediction markets
ReadWriteby Suswati Basu·3d ago
At the CFTC inaugural Innovation Advisory Committee meeting, Wall Street veterans and upstarts from prediction markets agreed Washington needs clearer rules.
CFTC prediction market rules face legal threats - Better Markets
ReadWriteby Suswati Basu·4d ago
The Commodity Futures Trading Commission’s (CFTC) push to rewrite the rules governing prediction markets is unlikely to rescue sports event contracts from mounting legal challenges and could...
Michigan regulators seize illegal machines at Muskegon bar
ReadWriteby Suswati Basu·4d ago
Michigan authorities took three machines suspected of being used for illegal gambling from a Muskegon bar during a search tied to an investigation of possible unlicensed gaming.
Prosecutors defend US soldier Polymarket criminal charges
ReadWriteby Suswati Basu·4d ago
Federal prosecutors want a Manhattan judge to keep the criminal case against Army master sergeant Gannon Ken Van Dyke on track for trial, rejecting his bid to throw out charges over Polymarket...
Kalshi loses temporary protection from Connecticut enforcement
ReadWriteby Suswati Basu·4d ago
Kalshi will not get immediate protection from Connecticut gambling enforcement after a federal appeals court rejected its request for temporary relief while its wider injunction bid remains...
Florida targets Stake and VGW sweepstakes casino operations
ReadWriteby Suswati Basu·4d ago
Florida has become the latest state to take legal action at sweepstakes-style gaming, with Attorney General James Uthmeier suing the businesses behind Stake US and Virtual Gaming Worlds’ (VGW)...
Washington and Crypto.com, wildfire bill - prediction market LIVE
ReadWriteby Suswati Basu·5d ago
Today in prediction market news, we’re following fresh legal and regulatory developments, including Washington and Crypto.com agreeing to pause their litigation pending a Ninth Circuit ruling...
House bill targets wildfire bets on prediction markets
ReadWriteby Suswati Basu·5d ago
A House proposal introduced Monday (August 17) seeks to stop federally regulated prediction markets from letting traders place bets on wildfires or the destruction they cause. Rep.
Massachusetts Lottery faces criticism over youth appeal
ReadWriteby Suswati Basu·5d ago
Massachusetts Treasurer Deborah Goldberg is facing calls from a national anti-gambling organization to act quickly over online Lottery games that the group says could attract young people.
Crypto.com and Washington seek pause in event-contract case
ReadWriteby Suswati Basu·5d ago
Crypto.com and Washington state officials want to put their federal court fight over event contracts on hold while the Ninth Circuit weighs appeals that could resolve the key legal question between...
Cape Coral cops target electronic slots posing as bingo
ReadWriteby Suswati Basu·6d ago
Florida gambling regulators and Cape Coral police have confiscated 60 illegal slot machines from a local business authorities say was masquerading as a lawful bingo hall.
Seneca Niagara casino hotel renovation starts October
ReadWriteby Suswati Basu·6d ago
A $47 million overhaul of nearly every hotel room at Seneca Niagara Resort & Casino is set to get underway this fall and run through late 2027.
Fewer Americans gambling despite online growth - Gallup survey
ReadWriteby Suswati Basu·6d ago
Americans are gambling less often than they did a decade ago, according to Gallup, with some of the biggest declines showing up in lotteries, casinos and workplace pools.
Kalshi seeks Connecticut gambling enforcement pause appeal
ReadWriteby Suswati Basu·6d ago
Kalshi is turning to a federal appeals court in hopes of stopping Connecticut from enforcing its gambling laws against the company’s sports-event contracts while its legal challenge continues.
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