Regulation
US courts split on Kalshi: derivative or sports bet?
US courts disagree on whether sports prediction contracts are federally regulated derivatives or state-regulated bets, & the Supreme Court may decide.
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Showing 229–240 of 357 articles.
Markets
Mattress Mack bets $516k on Kalshi for Astros title
Jim McIngvale used prediction market Kalshi instead of a sportsbook to hedge his Astros furniture promotion.
Scandal
MLB pitch-rigging case: judge refuses to toss wire fraud charge
A US judge has refused to dismiss a wire fraud conspiracy count against former Cleveland Guardians pitchers accused of rigging pitches for bettors.
Regulation
Brazil blocks 5,209 betting sites after Lula’s total ban
Brazil has blocked over 5,000 illegal betting websites & 2,000 social media profiles since Lula's betting ban took effect.
Markets
Robinhood to offer Cboe earnings bets on Apple, Tesla
Robinhood will be the first broker to offer Cboe's earnings-linked prediction markets, pending regulatory approval.
Scandal
Jimmy the Greek accused of church candle death threats
US prosecutors want alleged illegal gambling boss Jimmy the Greek kept in custody over threatening videos sent to debtors.
Markets
Combo betting doubles to $41.7bn as rivals eat Kalshi’s share
Kalshi's prediction market volume grew but rivals took a bigger slice of the combo boom.
Scandal
X sues Duel.com operator over alleged $300k bribe offer
X Corp has sued Immortal Snail LLC, the operator of Duel.com, alleging years of bribery & account takeovers.
Scandal
Kalshi’s self-trading rule tested by ex-congressman’s pardon bets
The CFTC is investigating ex-congressman Adam Kinzinger over Kalshi trades on whether he would get a presidential pardon.
Regulation
Only 25% of Britons trust gambling firms, poll finds
A new poll finds only a quarter of Britons trust the gambling industry, with most wanting tighter rules.
Regulation
New Zealand starts silent auction for 15 casino licences
New Zealand has opened a two-week silent auction for online casino licences, alongside draft new tech rules.
Scandal
Kalshi kills liquidity rewards as wash trading claims swirl
Kalshi is ending its volume incentive programme as the CFTC reportedly examines wash trading allegations on the platform.