Unregulated Online Gambling Reaches $5.9 Trillion Annually, Report Finds
A new report from Gaming Compliance International (GCI) reveals that unregulated online gambling generated an estimated $5.9 trillion in global wagers in…
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Wisconsin Governor Evers Blocks Insider Trading in Prediction Markets
Wisconsin Governor Tony Evers has signed an executive order to prevent state employees from using nonpublic information for personal gain in prediction…
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US Regulator Engages Sports Leagues on Prediction Market Oversight
The Commodity Futures Trading Commission (CFTC) is expanding its engagement with major professional sports leagues to enhance oversight of the rapidly growing…
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Minnesota Bill to Ban Prediction Markets Awaits Governor’s Signature
Minnesota is poised to become the first U.S. state to explicitly ban prediction markets through legislation, following the passage of Senate File…
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Kentucky Sues Prediction Market Kalshi Over Alleged Illegal Gambling
A lawsuit filed in Kentucky alleges that prediction market operator Kalshi facilitates illegal gambling, seeking damages for financial losses incurred by state…
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US House Members Question Prediction Markets Amid CFTC Support
A group of US House members is calling for an investigation into prediction markets, citing concerns about corruption and insider trading, even…
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