Betby has introduced a new fixed-odds prediction markets product, positioning it as a simplified and scalable alternative to traditional exchange-based models.
NTGCR Gaming Commissioner Richard Armstrong stated prediction market activity has ‘crept into’ Tribal-regulated jurisdictions and is ‘undermining and circumventing’ primary regulations.
The past week has seen FanDuel shutdown both its peer-to-peer fantasy sports product and its TV operations, affecting hundreds of jobs across over a dozen US states.
Operator integrates digital care services to provide intervention and treatment pathways across its platform
The NGCB filed a lawsuit against the prediction markets operator on February 4, seeking a permanent injunction and declaratory relief to prohibit Coinbase from offering event contracts.
In part one of an exclusive interview with Arizona Department of Gaming Director Jackie Johnson, the regulator touches on whether event contracts could have a future within the state.
Attorney General Nick Brown filed the lawsuit in King County Superior Court, seeking an injunction to suspend Kalshi’s operations and recover losses suffered by Washington residents.
Economy Minister Silvio Schembri has confirmed that the Government is evaluating options to provide legal clarity for the sector.
In addition to prohibiting the trading of such event contracts, the Stop Corrupt Bets Act describes the markets as ‘against the intent of federal law that regulates contract trading.’
DK Replay debuted in Oregon after receiving regulatory approval from the Oregon Lottery, offering bettors the chance to wager on hundreds of thousands of historical plate appearances.