Trouble in Prediction market paradise? Unpacking New York's Oracle Act
Lawmakers in the Empire State tabled a bill this week which could all but eliminate sports and events-related prediction markets.
Lawmakers in the Empire State tabled a bill this week which could all but eliminate sports and events-related prediction markets.
Former Chairman Jim Murren, who served for many years as an MGM Resorts executive, was recently named Interim CEO of the UAE's General Commercial Gaming Regulatory Authority.
The NGCB entered into a proposed settlement with the operator on November 13, stemming from gambling activities carried out at Caesars Palace by illegal bookmaker Mathew Bowyer.
PrizePicks has rolled out its new prediction markets offering through its federally approved subsidiary, Performance Predictions II, LLC.
The properties were allegedly linked to money laundering and criminal activity that could be tracked across Mexico and parts of Europe.
The agreement will add localized live-dealer titles to PointsBet's online casino, strengthening both companies' positions in Ontario's regulated market.
MGC Executive Director Dean Serpa penned a letter to operators currently licensed in the state of integrating prediction markets, following efforts already made by FanDuel and DraftKings.
Joseph Perna, a member of the Lucchese crime family, allegedly operated a nationwide network of bookmakers who utilized offshore sites to facilitate $2m in wagers between 2022 and 2024.
The $600m project created over 1,000 permanent jobs and more than 5,000 construction-related positions for locals, representing the largest private hospitality investment in Kern County.
Despite the NFL's stance on prop bets, changes to football betting menus are not expected to be made by operators, including those partnered with the league such as DraftKings and FanDuel.