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The Pennsylvania Gaming Control Board has taken major action as it places 15 people on its various Involuntary Exclusion Lists which bans them from gambling in the Keystone State.
These lists mean individuals are unable to gamble in a casino in the state or through an online betting site regulated by the Board, or even at a Video Gaming Terminal location.
While not all of the details have been...
DraftKings has stuck true to its word, as it officially launches its prediction market across 38 states under the oversight of the US Commodity Futures Trading Commission (CFTC).
The DraftKings Predictions market is a standalone app and web product that allows customers to trade on real-world outcomes across a range of markets. Initially, sports and finance will be the main focus, but additional...
Coinbase says it’s starting to roll out prediction markets in the US, thanks to a new partnership with Kalshi.
With this launch, users will be able to place trades on how real-world events play out, covering everything from politics and sports to collectibles and economic data.
The world is full of questions. Trade the answers with Prediction Markets on Coinbase.
Sports, crypto, elections,...
LiveScore Malta Limited says it plans to pull its LiveScore Bet brand out of Bulgaria, with operations in the country expected to wind down by the end of 2025. The move comes as gambling companies across Europe take a fresh look at their strategies, especially in response to higher taxes in the UK and changing regulatory landscapes elsewhere.
According to the company, the decision followed a...
The IRS has now published updated confirmation that the casino slot jackpot tax is to be almost doubled in 2026.
An X post by Vital Vegas stated: “Sources say the IRS will officially confirm the reporting threshold for slot jackpots increases from $1,200 to $2,000 starting Jan 1. Now, mad dash for casinos to implement the change.”
BREAKING: Sources say the IRS will officially confirm the...
Hard Rock Bet Sportsbook has launched a new feature called “For You” on December 17. This is an in-app personalization hub that caters to each user and their individual betting habits.
This is based on things such as favorite leagues, players, teams, and betting history, allowing every single user to have a more entertaining and immersive experience at Hard Rock Bet.
There are several benefits to...
Due to the ongoing lawsuit, the Ho-Chunk Nation has moved to block Kalshi from offering sports contracts for the duration of the legal battle.
According to legal documents shared by gaming lawyer Daniel Wallach, the Ho-Chunk Nation has moved for a preliminary injunction to prevent Kalshi from offering sports event contracts on the Tribe’s lands for the duration of the lawsuit, arguing that it’s...
Two women have been arrested and charged with allegedly running an illegal gambling house in Sarasota.
Two women, 48-year-old Kelly A. Mallia and 62-year-old Valerie A. Mallia, were taken into custody by the Sarasota Sheriff’s Department on December 16. The arrest took place at the Paradise Arcade at 6030 N. Lockwood Ridge Road, according to a statement from the sheriff’s office.
The operation...
A new filing from Kalshi to self-certify a contract suggests that the prediction market could be planning to offer bets on college athletes.
New filings submitted to the Commodity Futures Trading Commission (CFTC) by Kalshi on Tuesday, December 16, include an application to self-certify contracts titled “Will enter/withdraw from the transfer portal in time period?” and “Will transfer to in ?”...
Congressman Abe Hamadeh has shared concerns about the partnership between Kalshi and CNN, highlighting “threats to market integrity, democratic stability, and American national security”.
Congressman Abe Hamadeh wrote a letter to Acting Chairwoman of the Commodity Futures Trading Commission, Caroline D. Pham, outlining concerns centered around the recently announced partnership between Kalshi and...