ReadWrite Sep 4, 1:31 PM

Bally’s finance chief exits as casino giant faces costly expansion pressures

Bally’s Corporation is changing finance chiefs as the casino company pours money into major developments, deals with financial pressure and… Continue reading...

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ReadWrite Sep 4, 11:06 AM

Congress presses FanDuel again over VIP program and gambling safeguards concerns

Three members of Congress have renewed their pressure on FanDuel, saying the betting operator still has not explained how its… Continue reading Congress pres...

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ReadWrite Sep 4, 10:42 AM

NFL renews push to remove football contracts from prediction markets exchanges

The NFL is again asking designated contract markets to pull several types of football-related prediction contracts, making another push as… Continue reading ...

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ReadWrite Sep 3, 5:10 PM

New Jersey Councilman Anand Shah resigns after admitting illegal gambling role

Prospect Park Councilman Anand Shah has resigned after roughly a decade in public office, months after admitting his role in… Continue reading New Jersey Cou...

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ReadWrite Sep 3, 9:27 AM

Michigan judge orders Kalshi to halt sports wagering across state

A Michigan judge has temporarily shut Kalshi’s sports contracts out of the state, handing Attorney General Dana Nessel a preliminary… Continue reading Michig...

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ReadWrite Sep 3, 9:12 AM

New Jersey asks Supreme Court to settle Kalshi sports betting fight

New Jersey is taking its fight with Kalshi to the US Supreme Court, asking the justices to decide whether federally… Continue reading New Jersey asks Supreme...

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ReadWrite Sep 2, 10:19 AM

Churchill Downs urges FTC review of HISA as regulator suspends trainer over alleged Albuterol violations

Churchill Downs Incorporated has asked the Federal Trade Commission (FTC) to order an independent review of the Horseracing Integrity and… Continue reading C...

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ReadWrite Sep 2, 9:43 AM

FanDuel voids Bill Simmons bets after proxy betting admission

FanDuel has voided wagers placed on behalf of Bill Simmons and taken action against his account after the sports media… Continue reading FanDuel voids Bill S...

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ReadWrite Sep 1, 4:48 PM

States cite Ninth Circuit rulings, George Santos banned from Kalshi: today in prediction market news LIVE

Today in prediction market news, we’re following a fresh wave of legal and regulatory developments, including Kalshi urging the Tenth… Continue reading State...

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ReadWrite Sep 1, 4:34 PM

Kalshi Ninth Circuit ruling threatens federal prediction market model

The Ninth Circuit has called Kalshi’s contracts what its advertising already did: sports betting.  Kalshi’s marketing department wrote the opening… Continue ...

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ReadWrite Sep 1, 3:52 PM

Kalshi urges targeted CFTC rules to curb prediction market manipulation risks

Kalshi wants federal regulators to tackle manipulation in prediction markets by going after misconduct and restricting specific traders, rather than… Continu...

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ReadWrite Sep 1, 11:03 AM

Kalshi permanently suspends George Santos over State of Union market trades

George Santos has been permanently suspended from Kalshi and ordered to pay $71,356 after the prediction market exchange concluded that… Continue reading Kal...

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