Court records show Sorsby placed approximately 9,100 wagers totaling at least $90,000 during his college career, including betting activity while at Cincinnati.
The proposal would give existing sponsorship agreements up to 24 months to end and introduce product risk classifications that could prohibit certain online casino games.
The NewsGuild of New York union believes ‘any partnership between Kalshi and The Athletic would threaten our journalistic independence across the company.’
AG Jennifer Davenport requested the Supreme Court overturn a court ruling issued in April, which found that the CFTC has exclusive jurisdiction over sports-related event contract trading.
Attorney General Dana Nessel was originally granted a preliminary injunction against the prediction market on June 29, prior to the CFTC blocking the resulting action in July.
Kalshi confirmed plans to integrate real-time market data into US Open coverage, extending its partnership portfolio following new collaborations with The Weather Company and MLB franchises.
A Senator has removed a provision from Brazil's Public Security constitutional amendment that would have redirected 30% of betting tax revenue to security funds.
A Senate hearing exposed a divide between government officials and the betting industry over proposed restrictions on advertising and sponsorship for online betting platforms.
Online casino and betting recorded year-on-year growth of 22.0% and 21.3% respectively.
Firefighters recorded the highest level of gambling risk among the occupational groups studied, while PTSD symptoms and military experience were also associated with greater harm.