Bally’s has paused construction of non-casino amenities at its Chicago project due to a dispute over video gaming terminals (VGTs). The company alleges that the city's plan to legalize VGTs violates their agreement.
ProphetX and Pikkit have formed an alliance to offer federally regulated sports prediction markets, providing Pikkit's community access to a new trading experience.
Congress demands MLB and MLBPA address gambling concerns following Bryce Harper's involvement in a FanDuel video. The player had spent $18.5m with FanDuel, and during one of his periods of repeated losses, the player received a 'thank you' video featuring Harper himself.
The Kansas City Chiefs are gearing up for the 2025 season with questions surrounding their offense. Patrick Mahomes is set to return from injury, but the team's playmakers are under scrutiny.
The Commodity Futures Trading Commission has advised prediction market platforms to avoid using American-style odds, citing potential mislead and lack of market depth. The guidance comes amidst ongoing debates about the nature of prediction markets.
The New York Yankees have announced a new partnership with Polymarket, the world’s largest prediction market platform. The collaboration will offer exclusive experiences and marketing opportunities during the 2026 MLB season.
A lawsuit filed by the Wisconsin Institute for Law & Liberty claims the state's new sports betting law is unconstitutional. The legal challenge could potentially halt the launch of online sports betting in Wisconsin.
A Utah judge has dismissed Kalshi's lawsuit, ruling that state gambling laws apply to its prediction market platform. The decision marks another challenge for Kalshi in the United States.
The state of New York has filed a lawsuit against Kalshi, alleging that the prediction market firm is operating illegally. The lawsuit seeks to stop Kalshi's operations in New York, pay restitution to residents, and forfeit profits.