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Former Coushatta general manager disputes allegations in ongoing federal probe

Enforcement & compliance

Federal agencies are investigating alleged fraud at Coushatta Casino Resort in Louisiana, including claims involving tribal funds. Former general manager Todd Stewart said he identified suspected misuse in November 2023 and notified tribal leaders; an NIGC order said he failed to inform external auditors or Wells Fargo, while Stewart called himself a scapegoat. The investigation remains ongoing.

The case concerns gaming-licence action and financial oversight at a tribal casino during an ongoing federal investigation.

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Regulation

Five incoming state attorneys general could shape US prediction-market disputes

Five Democrats won state attorney general races in Texas, Georgia, Iowa, Kansas and Ohio, where prediction-market operators offer sports event contracts. Kalshi says federal commodities law gives the CFTC exclusive authority, while more than three dozen state attorneys general argue the contracts fall under state gambling laws; incoming officials could pursue or defend legal action.

Five Democrats reportedly won attorney general races previously held by Republicans in Texas, Georgia, Iowa, Kansas and Ohio, where their states face disputes over prediction markets offering sports event contracts.

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