readwrite.comadded August 2026
ReadWriteby ReadWrite12h ago
Coinbase Financial Markets Inc. has agreed to stop offering new sports-event contracts to Michigan customers and close remaining open positions by midnight Saturday under an agreement with state...
ReadWriteby ReadWrite23h ago
Rep. Don Davis, a North Carolina Democrat, introduced the No Betting on Your Own Race Act, a bill that would bar federal candidates and specified people and campaign bodies connected to them from...
ReadWriteby ReadWrite1d ago
DraftKings and FanDuel each added $3.5 million to Nebraska’s online sports-betting campaign as prediction markets topped $9.4 billion in weekend volume ahead of the state’s November 3 vote.
ReadWriteby ReadWrite1d ago
Maine’s online casino market is legal but not live, with the Maine Gambling Control Unit taking public comments on proposed rules through Oct.
ReadWriteby ReadWrite1d ago
Bank of America upgraded DraftKings from Neutral to Buy, kept its $27 price target and estimated the company could collect about $400 million in prediction-market fees in 2027.
ReadWriteby ReadWrite2d ago
Florida Attorney General James Uthmeier is suing the operators behind Chumba Casino, Global Poker and Stake.us, alleging that their sweepstakes casino platforms violate state gambling law and...
ReadWriteby ReadWrite2d ago
Pennsylvania lawmakers are considering House Bill 2801, a proposal that would prohibit sweepstakes casino-style platforms and create a state regulatory framework for skill-game machines if enacted...
ReadWriteby ReadWrite3d ago
Nevada has opposed Kalshi’s request to delay proceedings on its rehearing petition in the Ninth Circuit while the CFTC develops proposed event-contract rules, keeping the state’s challenge to the...
ReadWriteby ReadWrite3d ago
A Pennsylvania man who self-excluded from DraftKings and FanDuel after bankruptcy later found Kalshi through an Instagram ad and lost more than $25,000, NPR reported.
ReadWriteby ReadWrite4d ago
Novig said trading volume rose nearly 94% and first-time depositors increased more than 218% across the 20 days before and after its Sept.
ReadWriteby ReadWrite4d ago
New York has moved to sue Polymarket as prediction markets offer sports contracts outside the state’s sportsbook tax framework, raising questions about a gambling-tax base worth more than $1...
ReadWriteby ReadWrite5d ago
Pennsylvania Rep. Joe Webster is drafting legislation that would require licensed online gaming companies operating in the state to send users monthly activity statements.
ReadWriteby ReadWrite5d ago
North Carolina recorded its 12th consecutive month with more than $500 million wagered on sports, extending a run that signals sustained market activity while counselors warn about gambling...
ReadWriteby ReadWrite5d ago
Cboe plans to launch KPI-based binary contracts for 23 U.S.-listed companies in October 2026, subject to regulatory approval, with Robinhood set to be the first retail broker to offer them.
ReadWriteby ReadWrite6d ago
Maine’s Gambling Control Unit is monitoring how sports-betting operators use artificial intelligence after New York Times reporting raised concerns about DraftKings’ alleged use of machine learning...
ReadWriteby ReadWrite6d ago
DraftKings faces a proposed class action in federal court in Boston alleging it used artificial intelligence to identify customers likely to respond to gambling promotions, as Massachusetts...
ReadWriteby ReadWrite6d ago
New Jersey senators James Beach and Vincent Polistina are sponsoring a bill that would replace criminal penalties for underage gambling at licensed casinos and simulcasting facilities with civil...
ReadWriteby ReadWrite7d ago
New Hampshire’s Senate narrowly advanced SB 104 by a 13-11 vote, moving a proposal to legalize and regulate online casino games to the Senate Finance Committee.
ReadWriteby ReadWrite7d ago
The Supreme Court is weighing petitions involving prediction markets as the House Oversight Committee expands an insider-trading inquiry and the CFTC reportedly reviews promotional programs...
ReadWriteby ReadWrite7d ago
Polymarket has named Goldman Sachs veteran Lisa Mantil head of institutional growth, putting Wall Street participation and liquidity at the center of its next phase of expansion.
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