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Prediction market Polymarket has filed a lawsuit to stave off Massachusetts restrictions on its operations.
Polymarket argues that it doesn’t fall under the jurisdiction of Massachusetts officials, as it claims that prediction markets are governed on a national level by the Commodity Futures Trading Commission (CFTC) rather than local gambling laws. The lawsuit names Massachusetts Attorney...
The Betting and Gaming Council has been among those reflecting on the departure of UK Gambling Commission chief executive Andrew Rhodes, following confirmation that he will step down from the role on April 30, 2026.
Reacting to the news, Grainne Hurst, Chief Executive of the Betting and Gaming Council, thanked Rhodes for his approach during a period of major change for the sector: “On behalf...
The gambling watchdog of Isle of Man has hit a former online betting company with a £200,000 ($273,000) penalty after an inspection exposed deep flaws in its anti-money-laundering (AML) controls.
The action was announced on Friday (February 6), when the Gambling Supervision Commission published the results of an enforcement investigation into Shelgeyr Limited.
Shelgeyr operated under an...
The Dutch gambling watchdog has formally contacted One Casino and bet365 after discovering that both companies briefly offered betting markets that are banned under national law. The Kansspelautoriteit, known as the Ksa, confirmed the action in a statement released on Friday (February 6).
At the center of the issue were wagers tied to soccer matches involving players under the age of 21....
Two Connecticut residents have been charged with using thousands of stolen identities to defraud online gambling sites, including FanDuel, of more than $3 million.
The charges were filed against Glastonbury, Connecticut, residents Amitoj Kapoor (29) and Siddharth Lillaney (29) following their arrest by local law enforcement.
Kapoor and Lillaney face 45-count federal gambling indictment...
A federal judge in Nevada has shut down Coinbase Financial Markets Inc.’s last-ditch effort to stop state gambling regulators from cracking down on its event-based trading products, clearing the way for the case to continue in state court.
In a February 7 order, U.S. District Judge Cristina D. Silva denied Coinbase’s request for a temporary restraining order and a preliminary injunction. She...
The predictions market company DraftKings has announced an agreement with the cryptocurrency platform and CFTC-regulated derivatives exchange Crypto.com.
The duo have come together to broaden the prediction markets available on DraftKings Predictions, with the expansion marketing the first player-specific sports event contracts offered on the platform for both the NFL and NBA.
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An all-new $850 million project in San Juan, Puerto Rico, has been announced as Hard Rock International says it’ll open in 2029.
The well-known hotel and casino brand are partnering with Misla Hospitality, Stonecrest Investment Management, and The Interfin Companies to develop what will be known as the Hard Rock Hotel...
The Social Gaming Leadership Alliance (SGLA) has publicly responded to the cease-and-desist orders issued by the Illinois Gaming Board (IGB).
The regulator had taken aim at multiple parties operating in the state, calling their activities illegal and putting bettors at risk because they were not officially licensed to operate there. Now the SGLA spokesperson, Managing Director Sean Ostrow,...
A former Major League Baseball (MLB) player, Yasiel Puig, has been found guilty of obstructing justice and giving false information to federal officials as part of a wider gambling investigation.
Homeland Security Investigations’ (HSI) El Camino Real Financial Crimes Task Force and officers from the IRS Criminal Investigation wing investigated a suspected flag of irregular betting linked to...