Today in prediction market news, we’re following another busy day for Kalshi, including its appeal of a Connecticut federal court ruling, a new trademark lawsuit from FlightAware, and a partnership…
Three members of Congress want Major League Baseball (MLB) and the players union to tighten rules that allow athletes to appear in sportsbook promotions after a personalized video featuring Philadelphia…
The Scotts Valley Band of Pomo Indians has returned to federal court after the U.S. Department of the Interior reversed course on whether its trust land in Vallejo, California, can…
FanDuel will pay Iowa regulators $95,000 after acknowledging that its sportsbook offered wagers the state had not approved. The Iowa Racing and Gaming Commission approved the stipulated agreement with Betfair…
A federal judge has handed Connecticut regulators an early victory in their fight with prediction market operator Kalshi, refusing to stop the state from enforcing its gambling laws while the…
FlightAware is suing prediction-market operator Kalshi, accusing the company of using its flight-tracking information and trademarks without permission to run and settle wagers on airline cancellations. Filed in federal court…
Trump Media & Technology Group is said to be pulling back from its planned expansion into prediction markets after walking away from two previously announced deals involving Crypto.com. The retreat…
Tabcorp is moving to buy wagering technology provider BetMakers Technology Group in a deal with an enterprise value of about A$267 million ($189 million), which is said to be one…
Just days after launching its federally regulated sports prediction market, Novig has widened its legal battle with state regulators, filing four federal lawsuits against New York, Massachusetts, New Mexico and…
DraftKings reported weaker second-quarter revenue even as more customers placed bets and used its platform. Favorable sports results for bettors and heavier promotional spending to attract new users reduced the…