Churchill Downs agrees to reacquire 49% of United Tote
The agreement changes ownership of a tote technology supplier and extends its systems contract with NYRA through 2035.
All news
Reports
Caesars reports 3% total revenue growth as Las Vegas revenue falls
The results show contrasting performance across Caesars’ Las Vegas, regional and digital businesses.
Cicero examines illegal gambling as growing parallel market in Germany
Cicero reports illegal gambling is no longer marginal but part of a growing parallel market, with police and industry citing enforcement limits.
Minnesota judge blocks enforcement of new prediction-market law
A gaming lawyer cautioned the ruling may still permit action against sports event contracts despite blocked enforcement.
Court blocks Minnesota from enforcing prediction market ban
The ruling keeps prediction markets open in Minnesota, affecting operators and suppliers weighing US state restrictions on event contracts.
365Prediction awaits CFTC approval before planned early 2027 launch
The approval outcome will determine whether 365Prediction can offer and settle event contracts through its own proposed structure.
Lawyers warn prediction markets face further legal battles beyond state disputes
Operators face unsettled insider-trading rules and possible CFTC contract limits that could trim the sports-driven business model.
US states step up regulatory focus on prediction markets
State-level scrutiny of prediction markets adds compliance uncertainty for operators and suppliers exposed to event-contract products.
Judge blocks Minnesota prediction markets ban over CFTC jurisdiction
The ruling limits state-level bans on event contracts, affecting operators such as Kalshi and Polymarket and shaping how regulators police prediction markets.
Minnesota judge blocks planned event-contract ban
The ruling pauses Minnesota's ban while its legal interpretation remains disputed.
NFL seeks tighter CFTC rules for sports contracts
The NFL's requests for restrictions, insider trading controls and user protections could reshape sports prediction contract rules for operators.
Acquisition
Fanatics to buy BGC's Water Street Labs and CX Clearinghouse for prediction market exchange
The deal would give Fanatics regulated exchange and clearing infrastructure as it expands its prediction markets business, which operates in 23 US states.
Appointment
FIGC blocks Pirlo appointment over betting-company ties
The decision shows how a candidate’s commercial relationship with a betting company affected a federation coaching appointment.
Bally’s Intralot secures £261.7m debt facility
The £261.7m facility from institutional lenders funds Bally's Intralot acquisition plans during its ongoing evoke takeover.
São Paulo football federation warns betting-ad ban could cost R$1bn
The proposed municipal restriction could affect betting sponsorship agreements and clubs' expected revenues.
NFL urges CFTC to tighten prediction market rules
Stricter event-contract rules could narrow the product scope for prediction-market operators and affect how sports leagues engage with US derivatives regulation.
US gambling bills lack clear congressional path
The SAFE Bet Act and a sports prediction contract ban stalled in Congress, with no major legislation expected before midterms.
Pennsylvania lawmakers examine prediction market framework
Operators and regulators may see state oversight of prediction platforms without prohibiting sports contracts.
US representatives propose restrictions on sports event contracts
Operators and investors face restrictions on prediction platforms offering sports and casino contracts.
Kalshi and Polymarket expand sports and entertainment contracts
Operators and investors see broader contracts extending trading activity beyond elections.
Kalshi agrees to shut Nevada operations
Kalshi agreed to close Nevada operations after acknowledging residents could still access contracts despite a geoblocking order.
CFTC cautions against broad event contract self-certification
The CFTC advisory cautions prediction market operators against broad self-certification of event contracts.
CFTC proposal to set prediction market rules draws opposition across 20 states
The proposal could determine which sports contracts prediction-market platforms may offer and how federal rules intersect with state control.
Fanatics plans to acquire BGC exchange and clearinghouse for prediction markets
The planned acquisition would give Fanatics control of exchange and clearing infrastructure for its prediction-market platform.
CFTC issues prediction-market self-certification advisory
Operators should note the CFTC advisory says some platforms were not following core principles when introducing contracts.