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Connecticut says prediction market operators are leaving the state following cease-and-desist notices over sports event contracts.

A self-excluded Pennsylvania player lost more than $25,000 after gaining access to prediction market platform Kalshi.

Bank of America upgraded DraftKings to buy after shares fell 47% over the past year.

The Chairman of the Tennessee Sports Wagering Council expressed his frustration over sportsbook violations. He blasted the “human error” excuse and wondered if violations are truly being addressed. His words highlight an issue that is top of mind for regulators.

Penn has reached a deal with the NFL to make theScore Bet its gambling partner in Canada. The deal will allow the casino and sportsbook platform to access NFL trademarks and grant exclusive advertising rights throughout the season.

Sphere Entertainment shares closed at $110.83 on Monday after Craig-Hallum downgraded the stock, citing flat demand for The Wizard of Oz at Sphere.

Kalshi scored a legal victory in Illinois after a judge ruled its sports event contracts likely qualify as federally regulated swaps.

Ohio has ordered 10 prediction market operators to stop offering sports-event contracts after a Sixth Circuit ruling.

The woman, whose identity has not been revealed, turned a $25 wager into an eye-watering $1,152,944.82 payout last weekend. The $25 bet was the minimum...

Loyola University Chicago has brought back its sports betting class this fall to educate students and prepare them for a potential career in the industry. It will be the second semester it is available, thanks to its popularity in the spring.