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Building on its pivot into prediction markets, gambling giant DraftKings has confirmed it will launch a market-making arm in the new sector.
DraftKings has made its focus on prediction markets moving forward clear in a letter to its shareholders, published on Thursday (February 12), alongside the company’s quarterly report. As well as collaborating with Crypto.com to spawn the prediction...
Nevada Congresswoman Dina Titus has filed a discharge petition to force a House vote on a gambling tax bill.
Titus has encountered various obstacles to get her FAIR BET Act this far, first attempted back in July 2025, but has been facing hiccups like opposition to adding it as an amendment. The bill seeks to undo the tax provisions in President Trump’s ‘Big Beautiful Bill’, arguing that it...
CFTC names 35 members including Kalshi, Polymarket, and DraftKings CEOs to Innovation Advisory Panel
Federal derivatives regulators have filled out the membership of a new advisory group designed to keep pace with fast-moving changes across financial markets.
On Thursday (February 12), the Commodity Futures Trading Commission (CFTC) released the complete list of 35 people who will sit on its newly created Innovation Advisory Committee. The panel pulls in executives and experts from across...
The Alcohol and Gaming Commission of Ontario (AGCO) is seeking to sideline sports betting operator PointsBet Canada for five days, saying the company failed to properly flag and report questionable wagers connected to a high-profile NBA gambling controversy.
On Thursday (February 12), the province’s gambling watchdog issued a Notice of Proposed Order that would temporarily suspend PointsBet’s...
FanDuel says it will stop taking credit card deposits for its Sportsbook, Casino and Racing platforms across the country beginning March 2, 2026. The change applies everywhere it operates in the United States and covers every type of credit card funding, including cards connected through digital wallets such as Apple Pay, PayPal and Venmo.
Customers who currently use credit cards will need to...
Six men have stood in court accused of trying to interfere with the investigation into the fatal stabbing of 24-year-old Blue Stevens in Knightsbridge last summer.
Prosecutors say the group are charged with perverting the course of justice in connection with Stevens’ death. The 24-year-old was stabbed in front of Marriott’s Park Tower hotel and casino in Knightsbridge, London, in July 2025...
A Lexington man who secured hundreds of thousands of dollars in COVID-19 relief funds through false claims is headed to federal prison, after authorities said he funneled part of the money into gambling and other personal expenses.
John A. Hopkins, 48, was sentenced Tuesday to 24 months behind bars by U.S. District Judge Gregory Van Tatenhove in Frankfort. Hopkins previously admitted he took...
The former director of an Australian National Disability Insurance Scheme (NDIS) provider faces a possible 15-year jail term over the alleged misuse of $858,000 in company funds.
The accused, Byson James Kete Turner (Byson James Kete Attrill-Green), is a former director of Links Support and Consulting Services Pty Ltd. (Links), an NDIS provider, and has been charged with offences relating to...
The entertainment and gaming content creation company Aristocrat announces it has acquired Gaming Analytics, Inc for an ‘undisclosed sum.’
The company is a US-based provider of AI-powered tools for real-time player analytics, slot optimization, and marketing automation, designed to operate alongside traditional casino management systems. It connects data from different systems throughout the...
Robinhood shares moved lower after the company released its fourth-quarter earnings, as investors weighed strong headline results against lingering questions about the firm’s growing emphasis on prediction markets and its plan to funnel those users into longer-term investment products.
The company reported record fourth-quarter revenue of $1.28 billion, up 27% year over year, and full-year...