Tag: Legal

Underdog has filed lawsuits in five states seeking to preemptively block them from trying to shut down its sports-event contracts, a... more

As part of its state budget, Illinois amended its sports betting law to tax and treat certain sports-event contracts offered on prediction... more

Robinhood has agreed to pull its sports-event contracts out of Michigan, at least until at least the U.S. Court of Appeals for the Sixth... more

The U.S. Supreme Court has denied an emergency request from Red Rock Casino for a stay of a lower court decision requiring the gaming... more

Daniel Politzer of J. P. Morgan on September 8 looked at gaming industry stocks prospects: “August was a rough month for gaming stocks. On... more

Mike Dreitzer, chairman of the Nevada Gaming Control Board (NGCB), made it clear that the agency’s opposition to prediction markets... more

Bill Simmons, a sports podcaster, is being investigated by the Massachusetts Gaming Commission (MGC) after he admitted on a recent episode... more

Efforts to crack down on illegal gambling continue in Florida, as the state Gaming Control Commission’s top enforcement official admitted... more

New Jersey has asked the U.S. Supreme Court to settle the legal dispute over whether sports event contracts offered by prediction markets... more

A U.S. Court of Appeals for the Ninth Circuit ruling that Nevada can enforce its gaming laws against Kalshi was seen as a crucial win by... more