A federal judge sided with Kalshi, finding that prediction markets are more like financial swaps, which are federally regulated, than gambling, which is subject to state oversight. U.S. District Judge...
The Brazil betting ban moved into the courts on Monday from both sides. The government sued 17 operators over the cost of gambling addiction, while the industry asked the Supreme...
Polymarket has filed a lawsuit amid claims the betting platform is in violation of gambling laws. In a lawsuit filed on Thursday, New York State Attorney General Letitia James said...
New York’s attorney general sued Polymarket on Thursday, escalating her battle against prediction markets, an industry that she says violates state laws against illegal gambling. Attorney General Letitia James filed...
HBO issued a take down nocite to Jake Paul’s Betr over a new Entourage-inspired commercial, citing alleged infringement and lack of authorisation. The HBO cease-and-desist alleges the Entourage ad from...
Federal prosecutors have identified 18 pitches, including one from a 2024 playoff game, that will be the focus of their gambling case against Cleveland Guardians closer Emmanuel Clase, which is...
Two former Robinhood Markets employees were charged by United States prosecutors with fraud for allegedly using nonpublic information to trade crypto-linked perpetual futures on a decentralized derivatives exchange. The engineers, identified as Hefu Chai, 36, and Huaisong...
Underdog has sued Connecticut officials in federal court, seeking to stop the state from treating its sports-event contracts as illegal gambling as the regulatory fight over prediction markets spreads across the U.S....
Thee Ninth Circuit ruled Wednesday that prediction markets such as Kalshi are likely violating California law by allowing users to wager on sporting events on tribal land. Though sports betting...
Playtech has noted that a filing submitted yesterday by Black Cube in connection with its ongoing litigation with Evolution AB contains, in full, the highly anticipated Spectrum Report. Evolution retained...
