Pure Tech

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Washington state officials and the Tulalip Tribes of Washington have reached a tentative agreement on a new amendment to the Tribe’s Class III gaming compact, bringing decades of revisions into a single governing document while introducing...

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Two British members of the Scattered Spider cybercrime collective who helped carry out the 2024 cyberattack on Transport for London have been sentenced to five-and-a-half years in prison, bringing to a close what the UK’s National Crime...

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Evolution has agreed to pay £4.75 million ($6.38 million) to resolve a license review by the UK Gambling Commission, ending an investigation that began in December 2024 into how its casino games became available on gambling websites...

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Kalshi says it spotted suspicious trading tied to markets on President Donald Trump’s speeches before anyone raised the issue publicly, then investigated the activity and alerted federal regulators. The prediction market exchange offered...

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Entain is moving ahead with organizational changes that will lead to about 500 job losses as the Ladbrokes and Coral owner pushes to streamline its operations. The company confirmed the restructuring to ReadWrite, saying a number of...

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The Commodity Futures Trading Commission (CFTC) has directed Kalshi to complete pending trades that the prediction market operator had previously unwound after a Michigan state court order. The move leaves the company arguing it is now...

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Rep. Raja Krishnamoorthi is pressing prediction market platform Polymarket for answers about its marketing practices, arguing that paid influencer partnerships may have helped spread election misinformation while creating financial...

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Federal prosecutors have asked a federal judge in Brooklyn to schedule guilty plea hearings for 12 defendants accused of taking part in an alleged NBA-related scheme that cheated players during illegal poker games held across the United...

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A new survey from Norway’s Lottery and Foundations Authority suggests suspected efforts to manipulate sporting events are still going largely unreported, even though athletes, coaches and officials are required to report them. The...

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Alberta officially opened its regulated online gambling market on Monday (July 13), creating one of the most significant developments in Canada’s iGaming industry since Ontario introduced its competitive framework in 2022. The new system...

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The US Commodity Futures Trading Commission (CFTC) wants a federal judge in New York to hold off on briefing an expected motion to dismiss in its insider trading lawsuit against US Army Special Forces soldier Gannon Ken Van Dyke, while a...

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DraftKings has officially expanded its online poker platform into a shared player network covering Michigan, Pennsylvania, and New Jersey after securing approval from the Michigan Gaming Control Board. The regulator announced the decision...

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The European Gaming and Betting Association (EGBA) has lodged a formal complaint with the Bank of Lithuania, accusing Lithuanian payment service provider Walletto of processing payments connected to illegal online gambling operators. The...

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Bryce Harper says a personalized Cameo video he recorded was never intended to become part of a FanDuel gambling promotion, pushing back after reporting linked the clip to a high-value sportsbook customer. The Philadelphia Phillies star...

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Amazon and consumers suing the company have asked a federal judge in Washington to give preliminary approval to an unusual class action settlement that would let consumers pursue more than $201 million from app developers instead of...

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A Ninth Circuit panel spent Friday’s oral argument closely examining whether Kalshi Inc. and Robinhood Markets can keep offering sports event contracts to people located on tribal lands while the underlying lawsuit moves forward. The...

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Kalshi’s attempt to counter a Roosevelt Institute analysis of retail trading losses has triggered a wider public dispute, drawing criticism from gambling industry figures and prediction market observers. What began as a disagreement over...

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Arizona gambling regulators have expanded their enforcement campaign against unlicensed online gambling operators, issuing cease-and-desist orders to five platforms after investigations the state says uncovered illegal gambling activity...

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Arizona Governor Katie Hobbs has signed an executive order prohibiting executive branch employees from using nonpublic government information to profit through prediction markets, creating new ethics rules that also classify certain...

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Today in prediction market news, we’re tracking the biggest stories as they unfold, including a wave of new lawsuits facing Kalshi, Google’s decision to ban prediction market extensions from its stores, the CFTC’s approval of Optex Markets...

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More than 5,800 people have been arrested and approximately $293 million in illicit assets have been intercepted or frozen after Interpol led a global crackdown on cyber-enabled financial crime, including illegal online gambling, business...

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The lawsuit, filed in the U.S. District Court for the Southern District of New York by plaintiffs Adrian Vazquez, Alexander Foley and Nicholas Ross, claims Kalshi allowed outside companies to intercept users’ communications and platform...

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Australian mixed martial arts (MMA) fighter Jamie Mullarkey has been formally warned by the Australian Communications and Media Authority (ACMA) after an investigation found he promoted an illegal offshore gambling service through...

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Today in prediction market news, we’re following the biggest stories as they develop, including Kalshi’s loss in its bid for a preliminary injunction in New York, Citadel Sports Group’s reported push into the prediction markets industry,...

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Two men are facing charges after Nassau County police said officers found illegal electronic gambling machines during a quality-of-life enforcement operation in Roosevelt. The inspections took place Monday (July 6) when members of the...

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The Alcohol and Gaming Commission of Ontario has ordered Great Canadian Entertainment to pay $170,000 in monetary penalties after a compliance audit found shortcomings in how Pickering Casino Resort identified, assessed and reported...

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Caesars Entertainment has officially opened Caesars Republic Lake Tahoe Hotel & Casino, completing the $160 million transformation of the former Harveys Lake Tahoe into a redesigned luxury resort on the South Shore. A milestone moment...

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North Carolina has a new state budget, and with it comes major changes for the state’s gambling industry. Gov. Josh Stein signed Senate Bill 257 into law Tuesday (July 7), approving the first full state budget North Carolina has passed in...

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A federal judge has refused to stop New York regulators from enforcing the state’s sports gambling laws against Kalshi, handing the prediction market operator another setback in its fight over whether federally regulated event contracts...

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The UK Gambling Commission (UKGC) has confirmed that financial risk assessments will be introduced in stages, marking a major change in its regulatory approach after months of debate about proposed affordability checks. During a meeting...

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Today in prediction market news, we’re tracking the biggest stories as they unfold, including a pair of new legal challenges facing Polymarket, a U.S. Army soldier’s effort to dismiss the CFTC’s event-contract lawsuit before trial, changes...

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New Jersey lawmakers are moving forward with legislation that would impose a new 9% surtax on income generated by companies operating prediction markets in the state, as legislators look to tax a rapidly expanding sector while the state...

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Two Polymarket users have sued the prediction market platform in New York state court, claiming the company changed the rules of a Bitcoin-related market after the underlying event had already happened and wrongly denied payouts to traders...

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VGW founder Laurence Escalante has resigned as Executive Chairman and Chief Executive Officer of Virtual Gaming Worlds (VGW), ending his 16-year leadership of the company after taking a leave of absence earlier this year following criminal...

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A US Army Special Forces soldier accused by federal regulators of using confidential military information to profit from prediction market trades is asking a federal judge to move quickly toward considering dismissal of the government’s...

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Nevada’s highest court has declined to pause a preliminary injunction against Kalshi as the company continues its appeal in a dispute over Nevada’s gaming laws. In the same order, the court also approved requests from two out-of-state...

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The Michigan Gaming Control Board is cutting ties with the National Council on Problem Gambling after the organization announced a membership and investment partnership with prediction market operator Kalshi. In a July 1 letter to NCPG...

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A California Superior Court judge has struck down state regulations aimed at the cardroom industry, ruling that the Bureau of Gambling Control exceeded its authority by adopting rules that would have restricted table games licensed...

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The Catawba Nation is already looking beyond Kings Mountain, with tribal leaders saying they have identified two additional sites for future casino projects somewhere in North Carolina. Catawba Chief Brian Harris announced the expansion...

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North Carolina lawmakers advanced a wide-ranging budget bill Wednesday that would create a new tax on prediction market operators while leaving those platforms outside the state’s gambling regulatory framework. The Senate approved the...

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Today in prediction market news, we’re following the biggest developments shaping the industry, including growing scrutiny of Polymarket’s marketing practices, reports of a new Commodity Futures Trading Commission investigation, lawmakers...

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Polymarket is dealing with mounting problems on several fronts after a phishing campaign stole millions of dollars from users just as the prediction market platform faces growing pressure from lawmakers, regulators and fresh criticism over...

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The federal government has stepped into Kalshi’s legal fight with Rhode Island, arguing the state cannot use its gambling laws to restrict federally regulated prediction market contracts. The move widens the dispute over who controls...

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North Carolina is one step closer to changing several tax rules tied to its legal online sports betting market after lawmakers approved a wide-ranging revenue bill. Senate Bill 595, titled “Various Revenue Laws Changes,” has cleared the...

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Today in prediction market news, we’re tracking the biggest developments across the industry in real time, including a federal judge’s decision to send Kalshi’s lawsuit against Michigan back to state court, new legal filings involving...

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The Indiana Gaming Commission spent more than an hour Thursday hearing sharply different views on whether the state should prohibit proposition bets tied to individual college athletes. NCAA officials urged regulators to put...

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Fanatics Sportsbook is rolling out a new initiative with Integrity Compliance 360 (IC360) and Signify Group that aims to identify sports bettors who threaten or harass athletes, coaches and officials online, with violators potentially...

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Today in prediction market news, we’re tracking the biggest developments across the industry in real time, including reports that Meta is exploring prediction markets, new legal challenges involving the Commodity Futures Trading...

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A proposed change to the Lumbee Tribe of North Carolina constitution has been defeated by voters, stopping plans that could have opened the door to future tribal gaming projects and a possible casino resort in Robeson County. The result...

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The NFL has turned down a request from college quarterback Brendan Sorsby for special eligibility to enter the league through a Supplemental Draft, pointing to both the circumstances of his NCAA ineligibility and the league’s decision not...