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Kentucky lawmakers are moving forward with a wide-ranging bill that would overhaul how the state regulates fantasy contests, sports betting, and charitable gaming, with the proposal now sitting in the Senate for further consideration.
The measure, known as House Bill 904, passed the House on March 19 with a 79–15 vote. It reached the Senate the next day and was sent to the Committee on...
Aristocrat Interactive is pulling the plug on its white-label iGaming business and shutting down its Malta office, a decision that will affect roughly 120 employees.
News of the move first surfaced in a LinkedIn post by AML Manager Ambra Battiston, who wrote:
“IT’S OFFICIAL! Aristocrat Interactive (formerly Aspire Global) is winding down its White Label business. As a result, the office in...
The NCAA has filed a federal lawsuit against DraftKings, accusing the sportsbook operator of improperly using some of its most recognizable basketball tournament trademarks. The case, lodged in Indianapolis, claims the company’s actions create a misleading connection between college sports and gambling.
The NCAA suggests DraftKings’ use of terms like “March Madness,” “Final Four,” “Elite...
A Nevada state judge has stepped in to temporarily block parts of Kalshi’s business, escalating a fast-moving fight over how prediction markets should be regulated.
The First Judicial District Court granted a temporary restraining order requested by the Nevada Gaming Control Board, forcing Kalshi to halt contracts tied to sports, elections, and entertainment events within the state....
Authorities in Johnston County say a joint operation this week uncovered a large stash of drugs, illegal alcohol, cash and gambling equipment at a Benson property.
Deputies with the Johnston County Sheriff’s Office teamed up with North Carolina Alcohol Law Enforcement agents to carry out a search warrant on Wednesday (March 18). The property sits along the 800 block of Dragstrip Road....
Hard Rock Bet has introduced a new artificial intelligence feature designed to change how people approach sports wagering, rolling out a tool that pairs tailored analysis with betting odds.
In a statement initially shared with ReadWrite, the company said on Wednesday (March 18) that its “AI Insights” feature is now available to all users on its iOS and Android sportsbook app. Built on Hard...
A public clash between prediction market platform Kalshi and the advocacy group Gambling is Not Investing is playing out alongside March Madness, with fresh comments from Kalshi leadership adding fuel to the debate.
The dispute gained traction after the group introduced “Mick’s Picks,” a campaign featuring former congressman and Executive Director Mick Mulvaney placing tournament wagers...
Kalshi is said to have pulled in more than $1 billion in a fresh funding round, pushing its valuation up to about $22 billion, according to sources cited by The Wall Street Journal.
This appears to be a sharp jump from just a couple of months ago. In December, we reported that the prediction market platform raised $1 billion at an $11 billion valuation, meaning its worth has effectively...
Major League Baseball (MLB) has teamed up with the US Commodity Futures Trading Commission (CFTC) in a new effort to keep a close watch on the booming world of sports prediction markets, according to a release from the federal agency.
The arrangement is a formal memorandum of understanding that sets up how the league and the CFTC will work together. The two sides plan to monitor trading...
Homeowners used to experience roof issues that appeared suddenly without any prior warning signs. The first indication of a problem occurred when people noticed a ceiling stain or experienced a storm-related leak. The next step after that situation required people to contact a contractor who would help them choose between repairing the roof or replacing it entirely.
Current technological...