1+ day, 16+ hour ago   (438+ words) New York Attorney General Letitia James (D) announced an $8 million settlement with sweepstakes gaming operator VGW Holdings on Wednesday. The state had accused the company of operating illegal online gaming platforms in the state. VGW is the company behind Global Poker,…...

1+ week, 15+ hour ago   (531+ words) Caesars Entertainment has moved for a dismissal of a federal lawsuit brought by a New York tribe over offering mobile sports betting on tribal land. However, they’re using the same argument crafted by the Seminole Tribe of Florida to do…...

1+ week, 1+ day ago   (651+ words) After months of legal maneuvering between state gaming regulators, prediction markets, and the Commodity Futures Trading Commission (CFTC), New Jersey Attorney General Jennifer Davenport is asking the Supreme Court to take up the issue. The state’s appeal hinges on whether…...

1+ week, 2+ day ago   (448+ words) FanDuel has reported Bill Simmons to the Massachusetts Gaming Commission (MGC) after the podcaster and founder of The Ringer admitted to using his daughter’s boyfriend to make proxy bets for him on the platform. Simmons detailed how his daughter’s boyfriend,…...

1+ week, 3+ day ago   (254+ words) The bidding war for the U.S.-facing business of the Australian online gambling firm PointsBet is over. Fanatics Betting and Gaming submitted an improved proposal to purchase PointsBet’s U.S. business for cash consideration of $225 million, up from the $150 million previously announced…...

1+ week, 5+ day ago   (403+ words) Sports media personality Bill Simmons could be in some hot water. “The Ringer” founder admitted to allowing his daughter’s boyfriend to make proxy sports wagers for him. On his podcast, Simmons detailed how he made futures wagers recently on the…...

2+ week, 15+ hour ago   (378+ words) Faced with growing competition from prediction markets, several sportsbook operators have also gotten into the event contracts business over the last few months. FanDuel debuted a prediction market option in November. Fanatics entered the space in December, and DraftKings launched…...

2+ week, 1+ day ago   (390+ words) The legality of prediction markets and the platforms’ foray into sports could be heading to the Supreme Court by next summer. A leading prediction market executive sees a case making it to the High Court before the end of the…...

2+ week, 2+ day ago   (361+ words) Amid the legal wrangling and controversy surrounding prediction markets, Kalshi announced partnerships with several MLB teams on Tuesday. State gaming regulators have argued that prediction markets offer illegal sports betting. But that hasn’t stopped some leagues and teams from striking…...

3+ week, 5+ day ago   (592+ words) Faced with the gambling provision of the One Big Beautiful Bill tax and spending bill, some gamblers are reportedly snapping up losing lottery tickets on eBay. The tax change went into effect in January and allows gamblers to deduct only…...