Casino Industry Legal News & Legislation

Richard JanvrinBy: Richard Janvrin

Virginia Senators Receive $100K Donations After Supporting Online Casino Bill

Five Virginia senators received $100,000 each from the Sports Betting Alliance months after supporting an online casino legalization proposal.
Polymarket Refers Dozens of Accounts to DOJ Over Suspected Military Insider Trading
Richard JanvrinBy: Richard Janvrin

Polymarket Refers Dozens of Accounts to DOJ Over Suspected Military Insider Trading

Polymarket reportedly referred dozens of accounts to the Justice Department after identifying activity potentially connected to military insider trading.
Nevada Uses North Carolina Prediction Market Tax Against Kalshi in Court
Richard JanvrinBy: Richard Janvrin

Nevada Uses North Carolina Prediction Market Tax Against Kalshi in Court

Nevada says Kalshi's support for North Carolina's prediction market tax undermines its argument that states cannot regulate its federally overseen operations.
Wooden gavel next to a block engraved with a dollar sign, representing the AGCO's CA$70,000 fine against Booming Games
Lucas DunnBy: Lucas Dunn

AGCO Hits Booming Games With CA$70,000 Auto-Play Fine

Ontario regulators fined Booming Games CA$70,000 after finding a banned auto-play feature live on slot titles for months.
FanDuel Responds to Congress Over VIP Program, Leaves Five Questions Unanswered
Richard JanvrinBy: Richard Janvrin

FanDuel Responds to Congress Over VIP Program, Leaves Five Questions Unanswered

FanDuel has responded to congressional scrutiny of its VIP program following the Bryce Harper controversy, answering three of lawmakers' eight questions.
CFTC Committee Raises Prediction Market Manipulation Concerns
Richard JanvrinBy: Richard Janvrin

CFTC Committee Raises Prediction Market Manipulation Concerns

Prediction market manipulation was a major focus of the CFTC's first Innovation Advisory Committee meeting amid several high-profile incidents.
Florida Sues Stake.us and Chumba Casino Operator VGW
Richard JanvrinBy: Richard Janvrin

Florida Sues Stake.us and Chumba Casino Operator VGW

Florida has filed lawsuits against Stake.us and Virtual Gaming Worlds, seeking to stop several major sweepstakes casinos from operating in the state.
Nevada Says Kalshi Violated Geofence Agreement, Seeks $120K Daily Fine
Richard JanvrinBy: Richard Janvrin

Nevada Says Kalshi Violated Geofence Agreement, Seeks $120K Daily Fine

The Nevada Gaming Control Board says Kalshi failed to properly block event contract trading in the state and is seeking a $120,000-per-day penalty.
CFTC Orders Kalshi to Keep Offering Event Contracts Despite New York Lawsuit
Richard JanvrinBy: Richard Janvrin

CFTC Orders Kalshi to Keep Offering Event Contracts Despite New York Lawsuit

The CFTC is ordering Kalshi to continue operating its event contract markets as New York seeks to stop the prediction market platform.
New Colorado Sports Betting Law That Bans Credit Card Funding Now In Effect
Richard JanvrinBy: Richard Janvrin

New Colorado Sports Betting Law That Bans Credit Card Funding Now In Effect

New Colorado sports betting regulations are now in effect, including a credit card ban, daily deposit limits, and marketing restrictions.