The Polymarket and Nevada saga remains to be ongoing, as a judge has denied Nevada’s request for a temporary restraining order (TRO) which marks a small win for the prediction market.
This refers to the request for an ex parte temporary restraining order, with the docket also suggesting a hearing on the state’s motion for the preliminary injunction has been set. If the docket is correct, the...
Fanatics Betting and Gaming has announced that it will continue to operate mobile sportsbooks in Illinois with a market-access partnership with PENN Entertainment through Argosy Casino Alton.
Following the suspension of its previous partner, Hawthorne Race Course, the betting giant has sought to keep its foothold in the state.
Betting regulations in the Land of Lincoln require any licensed online...
The recent snowstorm in New York City surprisingly led to Kalshi’s largest climate-related market, according to a report, but not everyone is happy with the outcome. It also comes just weeks after Polymarket declined to pay out on bets about whether the U.S. military would invade Venezuela, pointing to disputes over how the wording was interpreted.
The publisher Barrons says a spokesperson told...
The House Bill 2198 has been introduced in Hawaii, which would see prediction markets be included in the definition of gambling, making them banned in the US state.
The summary of the bill reads as: “Includes prediction markets in the definition of gambling by specifying that the purchase, sale, or financial speculation of securities or commodities on the outcome or future contingent events...
The Gambling Authority of Ireland (GRAI) has found that problem gambling is much more likely amongst people who were exposed to gambling as children.
The study, which was conducted by the ESRI’s Behavioural Research Unit, found that rates of problem gambling are significantly higher among people who gambled as children, whose parents gambled, or whose parents had positive attitudes towards...
A third individual linked to an Amarillo cockfighting ring has been sentenced as part of a wider gambling investigation.
A custodial jail term was imposed on Salvador Sanchez Chávez, 49, after the case led by United States Attorney for the Northern District of Texas Ryan Raybould uncovered more wrongdoing.
Chávez case stems from wider cockfighting gambling investigation
The case stems back to an...
A bill that would have banned smoking on casino gaming floors in Iowa didn’t go anywhere this week, after a Senate subcommittee voted to shelve the proposal indefinitely.
The legislation, Senate File 2051, was introduced as “An Act relating to the elimination of the exemption of gaming floors from the prohibitions of the smokefree air Act.” The bill proposed a change to state law by amending Iowa...
The Catawba Nation Chief, Brian Harris, has taken to social media to share the latest vision for the federally recognized tribe in South Carolina.
Harris starts by sharing the new introductions and improvements before noting that, unlike South Carolina, “believe it or not, we never applied to be state-recognized in North Carolina.”
He continued to say they already have all the paperwork turned in...
Gemini Titan, which was co-founded by the Winklevoss twins, has notified the Commodity Futures Trading Commission that it plans to offer ‘time-interval prop bets.’
In the electronic submission, the company states its intention to list “Will the [points] recorded in [time period] of[event] be [above/below/exactly/at least/between [count] points?”
Along with the letter, the Exchange provided the...
Amazon’s founder Jeff Bezos has taken to social media to reply to a post from Polymarket, saying it’s been made up.
On January 22, the prediction market Polymarket posted on X saying: “JUST IN: Jeff Bezos advises aspiring Gen Z entrepreneurs to start at real world jobs like McDonalds or Palantir before starting a business.”
The post has since racked up 5.5 million views, with over 8,700 likes and...