6 Malaysian Men Jailed for $4.9M Singapore Poker Robbery
A Singapore court sentenced six Malaysian men for a 2024 armed robbery that stole $4.9M in cash, crypto, and luxury watches from a poker game.
Robinhood to Stop Offering Sports Prediction Markets in Michigan
Robinhood will pause sports prediction markets in Michigan while its legal challenge over state regulatory authority continues.
Michigan Judge Blocks Kalshi Sports Prediction Markets
Kalshi must block Michigan users from its sports prediction markets under a new preliminary injunction.
FINTRAC Fines New Brunswick, Nova Scotia Gaming Bodies
FINTRAC fined New Brunswick Lotteries and Nova Scotia Gaming a combined C$631,538 for failing to report suspicious gambling transactions.
Congress Demands More Answers From FanDuel Over VIP Program
Congress is pressing FanDuel for more answers about its VIP program after criticizing the company's initial response.
Kalshi, CEO Donated $12K to Texas AG Ken Paxton Amid Prediction Market Scrutiny
Kalshi and its CEO donated $12,000 to Texas AG Ken Paxton as other states pushed back against prediction markets.
Oklahoma Tribal Gaming Leaders Warn Prediction Markets Threaten Sovereignty
Oklahoma tribal gaming leaders warn prediction markets could threaten tribal sovereignty and gaming protections.
New Jersey Asks Supreme Court to Decide Kalshi Prediction Market Dispute
New Jersey wants the Supreme Court to settle a growing legal divide over whether states can apply their gambling laws to Kalshi's sports event contracts.
Canadian Regulators Say Sports Prediction Markets Aren't Securities or Derivatives
Canadian securities regulators have clarified that sports and entertainment event contracts fall outside the country's securities and derivatives framework.
MLBPA Open to Banning Players From Sportsbook VIP Marketing Campaigns
The MLBPA says it is open to restricting players from personalized sportsbook VIP marketing campaigns following congressional scrutiny involving Bryce Harper.