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Federal judge dismisses Hitchcock’s suit over $721,000 gambling-investigation seizure

Regulation

A US federal judge dismissed Hitchcock, Texas’s attempt to recover about $721,000 seized from its general fund bank account during an investigation into alleged illegal gambling. Judge Jeffery Brown ruled that one government subdivision could not sue another under federal civil rights law; Hitchcock officials had argued the seizure threatened public services and violated constitutional protections.

The ruling leaves Hitchcock unable to pursue recovery of the seized funds through the federal civil rights claim described.

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Regulation

Federal judge blocks Illinois from enforcing gambling laws against prediction markets

A federal judge in Illinois issued a preliminary injunction barring state officials from enforcing gambling laws against CFTC-regulated prediction markets, reportedly. The injunction covers licensing requirements, taxes and enforcement; the report also says DraftKings, FanDuel and Fanatics are among operators retreating from Utah.

A federal judge in Illinois has reportedly entered a preliminary injunction that bars state officials from enforcing gambling laws against CFTC-regulated prediction markets. The injunction reportedly covers licensing requirements and taxes. It was also reported to extend to licensing, taxation and enforcement.

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