The analysis suggests funds directed to illegal websites coincide with data projected by LCA, which indicates that between 41% and 51% of the market is unlicensed.
Work has stopped yet again on Bally's Chicago casino, but this time the stoppage was voluntary.
The Commodity Futures Trading Commission has told prediction markets and intermediaries that displaying event contract prices in American sportsbook-style odds is likely misleading and could violate... The post CFTC Reminds Prediction Markets They Do Not Run Sportsbooks appeared first on Legal Spor…
The grant will fund The Glasgow Project which aims to expand work carried out by the city's established gambling harms group.
The entertainment company almost acquired BetMakers late last year but talks did not advance past the "informal" discussion stages.
The approval of the president's proposal brings land-based casino taxes in line with Uganda's online sector, with a 15% tax on net winnings now applying to both verticals.
Similar raids conducted in part by the Gambling Commission were undertaken in both Manchester and Bristol in recent months.
DraftKings devoted most of its Q2 call to laying out a blueprint for its attempt to outlast rivals when prediction markets go full throttle this autumn.
Interim Gambling Commission CEO Sarah Gardner speaks on striking a balance between different interests, while trying to be creative with gambling regulation.
Curiosity and excitement were given as the predominant reasons for players to gamble, with 17% suggesting monetary gain was their motivation.
A call for a prediction markets crackdown has intensified as sports leagues, casino operators, and lawmakers push back against federal regulatory proposals. The NFL and the Casino Association of New Jersey submitted comments urging the U.S. Commodity Futures Trading Commission to block financial pl…
US President Donald Trump is no stranger to Las Vegas, where he returned this week to tout his tax changes and many other topics.
Analysts, hedge fund managers and other financial experts blame the latest swoon on prediction markets with DraftKings on deck.
Earlier this year, the sports technology company signed multi-year partnerships with both Kalshi and Polymarket for data distribution.
Greentube's director (global sales and marketing) Markus Antl caught up with the iGB team at iGB L!VE 2026 to reflect on a year of expansion, from South Africa's booming concurrency numbers to the build-out of its US footprint.
A Kalshi executive appeared on Bloomberg TV and talked through a variety of issues, including the recent New York lawsuit and its work on prediction markets integrity. Kalshi Head of Enforcement... The post Kalshi Exec Criticizes NY Suit, Says Product Is Heavily Regulated appeared first on Legal Sp…
A federal judge in Utah has ruled that the state’s anti-gambling laws apply to Kalshi’s sports event contracts, rejecting the company’s argument that federal commodities law preempts state enfor... The post Utah Can Enforce Gambling Laws Against Kalshi appeared first on Legal Sports Report.
In the same week Novig launched its prediction market platform across the U.S., it also sued the state of New York to protect its interests. Novig announced its nationwide launch Tuesday of its... The post Novig Launches Prediction Markets, Then Promptly Sues New York appeared first on Legal Sports…
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