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Chalky March Madness Slams Sportsbooks but Spares Kalshi
The spending gap between sportsbooks and the new kids on the block—sports prediction markets—shrunk over the…
Can Modern Protections Stem Illegal Gambling’s Eternal Appeal?
Today’s guest columnist is Martin D. Edel, co-chair of Goulston & Storrs’ sports law practice. He teaches…
Kalshi, Robinhood Legal Tactics Reveal Futures-Industry Contrasts
Kalshi has continued its full-throttle response to regulatory action regarding its event futures contracts…
New York Teachers, Police Funds Ask DraftKings for Executive DEI Info
The New York City comptroller is looking to compel DraftKings to annually disclose the self-identified gender…
Robinhood Faces Bay State Probe Over Sports Futures Contracts
Massachusetts subpoenaed financial technology company Robinhood last week seeking information about its new…
Kalshi Says It Has User Protections as Sports Futures Scrutiny Grows
Financial technology company Kalshi says it will increase user guardrails on its platform amid concerns…
Why Robinhood Took March Madness Shot After Super Bowl Flop
Robinhood resumed offering sports event futures contracts this week because it received assurance it wouldn’t…
Endeavor to Pay $225M to Give IMG Arena to Sportradar
Endeavor has agreed to pay a total of $225 million to give its IMG Arena data platform and the accompanying…
Nevada’s Kalshi Order Opens New Front in Sports Futures Battle
Nevada became the first state to take legal action against event-based sports futures contracts, sending the…
Sports Futures Threaten Tribal Gaming Rights, Groups Tell CFTC
At least 10 groups representing tribal gaming interests have sent letters to the Commodity Futures Trading…
Caesars Entertainment Mulls Online Gambling Public Spinoff
Caesars Entertainment (CZR) will consider splitting its online gaming business into a separate publicly…
Gambling Trade Group Seeks Invite to Feds’ Futures Trading Summit
The American Gaming Association filed a formal letter to the Commodities Futures Trading Commission (CFTC) on…
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