DraftKings and ESPN are preparing a new account-linking feature that will connect sports betting directly with the massive college basketball bracket contests that take over every March. The companies revealed the plan during the MIT […]
Former North Carolina A&T players ruled ineligible during NCAA betting investigation
Two former North Carolina A&T men’s basketball players have been declared ineligible after declining to cooperate with an NCAA investigation examining possible sports betting activity tied to games involving the program. The ruling came from […]
Kalshi sued by traders over disputed Khamenei prediction market payout fight
Two California traders have filed a federal class action lawsuit accusing prediction market operator Kalshi of misleading users and refusing to pay contracts tied to the reported death of Iran’s Supreme Leader Ali Khamenei. The […]
Bipartisan lawmakers propose limits on prediction markets involving war, elections, and sports
A bipartisan pair of lawmakers in the House wants federal regulators to clamp down on certain prediction markets, arguing that some platforms now allow trades tied to events that could raise serious national security and […]
Federal judge dismisses Morongo tribe lawsuit challenging California gaming compact provisions
A federal judge has thrown out, at least for now, a lawsuit filed by the Morongo Band of Mission Indians that challenged several provisions in its gaming agreement with California. In a March 4 order, […]
Australian regulator penalizes six betting firms over BetStop failures protecting self-excluded
Australia’s communications regulator has moved against six licensed wagering companies after investigations found they failed to follow safeguards meant to protect people who chose to stop gambling. The Australian Communications and Media Authority (ACMA) said […]
NSW regulators warn gambling companies over influencer marketing and online promotions
Regulators in New South Wales are starting to pay closer attention to a fast-growing part of the gambling industry aka social media influencers and online content creators. Liquor & Gaming NSW says companies that run […]
Women remain minority among Spain online gamblers but participation rising rapidly
Women still account for a relatively small portion of Spain’s online gambling market, yet their numbers are climbing quickly. New figures from Spain’s Directorate General for Gambling Regulation show that women represented 16.9% of online […]
Underdog buys Aristotle exchange licenses to launch US sports prediction market
Underdog is moving deeper into prediction markets after buying two federally regulated exchange entities, a step that will allow the sports gaming company to operate its own U.S. marketplace for event-based contracts. The New York-based […]
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