Illinois has set a groundbreaking precedent by becoming the first state to officially classify gambling addiction as a substance use disorder. This pivotal decision will enhance funding and expand treatment…
One of the top B2B prize draw platforms in the United Kingdom has alerted operators about deteriorating margins as tax officials intensify their scrutiny of the industry, targeting both historical…
The Uprising of Self-Certified Contracts: The U.S. Commodity Futures Trading Commission (CFTC) has cautioned prediction market operators about the excessive self-certification of generic event contracts. This method undermines the regulator’s…
Pennsylvania legislators are exploring new legislation aimed at creating a state regulatory framework for prediction market platforms like Kalshi and Polymarket, while ensuring that sports event contracts remain permissible. Representative…
ProphetX has joined forces with Players’ Lounge to unveil regulated sports prediction markets on the Players’ Lounge platform. This collaboration allows Players’ Lounge users to leverage ProphetX’s prediction market exchange,…
The Nevada Gaming Control Board has finalized a deal with Kalshi, mandating that the prediction market operator adhere to a court order by August 12, or incur a daily fine…
Foxwoods Resort Casino announced a slot revenue of $28.1 million for June, leading to a direct contribution of $7.2 million to the State of Connecticut under the Mashantucket Pequot Tribal…
Steve Wynn has successfully sold his extensive estate in Beverly Hills, but the deal highlights the significant decline in California’s ultra-luxury real estate market. The former casino mogul’s 27,000-square-foot property,…
Authorities in South Korea are looking into an illicit gambling operation and have discovered a network of account mules that allegedly took advantage of numerous individuals with hearing disabilities. The…
Authorities have apprehended two individuals in connection with a series of about 20 vehicle thefts at casinos located in the Philadelphia region. Aerial view of Rivers Casino Philadelphia, with Camden,…