readwrite.comadded August 2026
ReadWriteby Suswati Basu1d 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...
ReadWriteby Suswati Basu1d 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.
ReadWriteby Suswati Basu1d 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...
ReadWriteby Suswati Basu1d 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...
ReadWriteby Suswati Basu1d 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)...
ReadWriteby Suswati Basu2d 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...
ReadWriteby Suswati Basu2d 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.
ReadWriteby Suswati Basu2d 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.
ReadWriteby Suswati Basu2d 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...
ReadWriteby Suswati Basu3d 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.
ReadWriteby Suswati Basu3d 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.
ReadWriteby Suswati Basu3d 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.
ReadWriteby Suswati Basu3d 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.
ReadWriteby Suswati Basu4d ago
Today in prediction market news, we’re following another busy day for Kalshi, including its escalating geofencing fight with Nevada regulators, a Connecticut federal court’s rejection of its bid...
ReadWriteby Suswati Basu4d ago
A federal judge in Connecticut will allow state officials to keep enforcing gambling laws against prediction-market operator Kalshi while the company takes its case to an appeals court. U.S.
ReadWriteby Suswati Basu4d ago
Kalshi and Nevada’s gaming regulator are accusing each other of wrongdoing as their long-running court fight shifts to whether the prediction market properly blocked trading inside the state.
ReadWriteby Suswati Basu4d ago
Novig has taken Wisconsin officials to federal court, aiming to prevent the state from using its gambling laws against sports event contracts available through the company’s federally supervised...
ReadWriteby Suswati Basu7d ago
Two companies tied to Aristotle’s exchange business are suing Underdog Sports Holdings, CEO Jeremy Levine and several other defendants, months after Underdog unveiled plans to buy Aristotle’s...
ReadWriteby Suswati Basu7d ago
Baltimore is taking Kalshi and Polymarket to court, alleging the prediction-market companies are effectively running illegal sportsbooks while describing their products as legitimate financial...
ReadWriteby Suswati Basu7d ago
A Washington judge has imposed new limits on Kalshi, giving the prediction market operator firm deadlines to stop people in the state from buying contracts linked to sports, elections, politics and...
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