Ohio Orders 10 Prediction Market Operators and Brokers to Stop Offering Sports Contracts
Ohio has ordered 10 prediction market operators to stop offering sports-event contracts after a Sixth Circuit ruling.
Mormon Church Leader Warns Against Sports Betting, Prediction Markets
A Mormon church leader is warning younger people about the growing accessibility of sports betting and prediction markets.
Kalshi Seeks $1 Billion Funding Round at $40 Billion Valuation
Kalshi is reportedly close to raising another $1 billion, which would bring its valuation to $40 billion.
DraftKings Stock Falls to Lowest Level Since 2023
DraftKings shares have fallen to their lowest level since April 2023 amid growing prediction market competition.
CFTC Proposes New Prediction Market Rules to the White House Amid Jurisdiction Battles
The CFTC has proposed two rules to the White House that could reshape the regulatory treatment of prediction market contracts.
NCPG Executive Director Resigns Following Kalshi Partnership Fallout
Heather Maurer is stepping down as NCPG executive director following member departures tied to its Kalshi partnership.
Michigan Regulators To Review Concerns Raised in DraftKings AI Reports
Michigan regulators are reviewing player-protection concerns raised in recent reports about DraftKings.
Casino CEOs, Nevada Say Prediction Markets Are Sportsbooks
At G2E, MGM and Caesars CEOs joined Nevada regulators in saying prediction markets are sportsbooks that need state licenses, as the legal fight heats up.
Casinos, Unions and Tribes Unite Against Prediction Markets at G2E
Casino operators, UNITE HERE and tribal leaders present a joint front against prediction markets at G2E 2026 as Congress weighs a federal crackdown.
Florida AG Targets Meta, Google Over Sweepstakes Casino Ads
Florida is putting tech companies on notice over advertisements promoting sweepstakes casino platforms.