California’s Exit Wipes $1 Billion from Sweepstakes Industry
AB 831 takes effect January 1, triggering projected 10% industry decline as operators and suppliers flee the state.
AB 831 takes effect January 1, triggering projected 10% industry decline as operators and suppliers flee the state.
Polymarket returns to the US after a $112M CFTC exchange acquisition and $2B NYSE parent investment, but faces insider trading probes and…
First prison sentence in NBA prop bet scandal as Timothy McCormack gets 2 years for insider betting scheme.
ICE Barcelona 2026 drew 65,000+ delegates and record regulator attendance. UK's Tim Miller blasted Meta.
Massachusetts secures first state injunction against Kalshi. What the coexistence doctrine ruling means.
Mississippi files SB 2104 with felony penalties for sweepstakes casinos. Senator admits bill was written with brick-and-mortar casinos.
Federal law lets 18-year-olds trade on Kalshi while state sportsbooks require 21+. The result: .8B monthly volume, 90% from sports, driven by…
CJEU Case C-77/24 lets EU players sue offshore operators under home country law. Austria offers 30-year recovery window. 50,000+ claims pending.
Snoop Dogg launches his own sweepstakes casino, transitioning from celebrity endorser to operator as the industry faces 80+ class-action lawsuits.
Federal prosecutors unseal the largest college sports corruption case ever, charging 26 in a point-shaving conspiracy that infected 17 NCAA programs and…
Pragmatic Play exits entire US sweepstakes market after LA lawsuit names suppliers as co-defendants. Seven states now ban sweepstakes casinos.
FanDuel becomes first operator live in all 50 states. Sports contracts in 18 states; finance-only where sportsbook operates.