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SOURCE The end is coming for sports event contracts, at least according to Indian Gaming Association (IGA) Chair Victor Rocha. In the aftermath, companies like DraftKings will regret their push into the industry, he told Gaming America in no uncertain terms. Rocha also said he expects more...

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SOURCE Underdog has bitten another state, filing a federal lawsuit on Wednesday against Connecticut officials amid the state’s recent spate of enforcement actions against the prediction markets industry. In Underdog’s complaint filed on Wednesday, Sept. 16, the operator asked the court to...

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SOURCE The Secretary of State’s office confirmed on Friday, Aug. 21, that it certified both of the state’s two online sports wagering petitions. One of those pushes a constitutional amendment that would authorize online sports wagering, and the other is a statutory initiative that would outline...

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SOURCE Fliff and Onyx Odds are preparing to expand into prediction markets as companies connected to the sweepstakes gaming sector look for new opportunities within the federal derivatives framework. NFA records show Fliff FCM LLC and Onyx Markets LLC submitted registrations on August 12 for...

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SOURCE Prediction markets adoption of products functionally similar to sports betting has been rapid and expansive over the last 18 months. Are online casino-style event contracts next? Speaking at the National Council of Legislators from Gaming States (NCLGS) Summer Meeting in July, the...

SOURCE Ohio regulators captured industry attention in April when they announced plans to fine Kalshi $5 million for “conducting sports gaming without a license.” On Friday, New York Attorney General Letitia James made that planned fine look like a rounding error. James sued Kalshi on behalf of...

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