Crypto.com halts prediction market activity in Nevada following court ruling
The Nevada Gaming Control Board confirmed the company will suspend offering sports event contracts in the state after a federal judge denied its request for an injunction.
The Nevada Gaming Control Board confirmed the company will suspend offering sports event contracts in the state after a federal judge denied its request for an injunction.
AGA President and CEO Bill Miller has criticized the NHL's recent partnership with Kalshi and Polymarket, arguing that the deal represents a departure from the state-regulated sports betting market the US has constructed over the past several years.
The two prediction market rivals will be able to use official NHL branding on their products as part of this multi-year deal.
The operator also went on to announce the launch of DraftKings Predictions, a mobile application set to debut in the 'coming months' as a result of the acquisition.
A complaint has been made by a plaintiff who is seeking to reclaim losses from the prediction market operator.
After more than a year's absence, PrizePicks has been given an interactive fantasy sports operator license by the New York Gaming Commission, returning in coming weeks.
Sara Dutschke, James Siva, Victor Rocha and David Bean came together at G2E, discussing sweepstakes, Tribal unity and more.
Several panels examine the future of sweepstakes casinos and if they have a place within the legal market.
Kalshi has begun its appeal against the decision of the District Court to reject its request for a preliminary injunction against the state gaming regulator.
Following mixed results in the operator's Q3 report, executives took to the conference call to answer questions from investors.