News & Updates

Crypto.com will discontinue issuing sports event contracts in Nevada after losing in federal court.

Late Friday, the Nevada Gaming Control Board said that Crypto.com, a prediction market operator involved in a lawsuit against the…

3 months ago

Lawsuit claims institutional collusion to defraud horse racing bettors.

Accusing prominent players in the American horse racing industry of conspiring to "destroy value for retail bettors" in a rigged…

3 months ago

The Gaming Coalition claims that a sweepstakes ban would cost New York $230 million a year.

The Social Gaming Leadership Alliance (SGLA), a gaming advocacy group, cautioned that prohibiting sweepstakes platforms would cost the state hundreds…

3 months ago

At G2E, gambling loss deductions and slot thresholds were heavily utilized.

Leaders of the gaming industry met last week at Global Gaming Expo in Las Vegas to discuss critical issues affecting…

3 months ago

During the Mariners’ postseason run, Tribal Resort Casino witnesses a surge in sports betting.

The Seattle Mariners' playoff run has increased traffic at the Tulalip Resort and Casino's sportsbook. Bets on Major League Baseball,…

3 months ago

The mayor of Chicago suggests a city tax on the profits from sports betting.

In his 2026 budget, Chicago Mayor Brandon Johnson is proposing a 10.25% tax on adjusted gross sports betting revenue collected…

3 months ago

Report: This year, FanDuel Partner CME may offer contracts on sporting events.

According to a source, FanDuel's prediction market partner CME may soon provide contracts for sporting events. Before the year ends,…

3 months ago

Nevada Gaming Control Board warns licensees against prediction market involvement.

The Nevada Gaming Control Board (NGCB), with the subject line "Sports Event Contracts Are Wagers," became the latest state regulator…

3 months ago

Nevada judge explains change of heart on sports contract legality.

Despite having previously given Kalshi a similar concession, Nevada District Court Judge Andrew Gordon has outlined his justification for rejecting…

3 months ago

Illinois Governor JB Pritzker Won Over $1.4 Million Through Gambling in 2024.

Illinois Governor JB Pritzker disclosed over $1.4M in gambling winnings as his income tripled in 2024. Meanwhile, sportsbooks like Circa…

3 months ago