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New CFTC advisory signals ‘pragmatic shift’ for sports prediction markets, says expert
A new advisory from the US Commodity Futures Trading Commission (CFTC) could potentially reshape the debate around spor...

Prediction market ads surge as March Madness betting hits record levels
Legal sports wagering in the United States keeps expanding as the NCAA basketball tournaments approach, but the industry’s main trade group says a new wave of prediction market advertising could co...

Lawmakers introduce bipartisan POINTS Act targeting gambling addiction treatment funding
A group of Republican and Democratic lawmakers in the U.S. House has rolled out new legislation designed to expand prevention, treatment and recovery services for people struggling with gambling addi...

Tallahassee property managers accused of spending client funds on gambling and travel
Tallahassee police say two people connected to a local property management company are facing fraud charges after investigators uncovered spending that allegedly included gambling and other personal ...

Maine lawmakers push bill banning online sweepstakes casino style games
Maine legislators are advancing a proposal that would outlaw a category of internet-based casino-style games often marketed as online sweepstakes platforms. Supporters of the measure say it would clo...

Indiana governor signs sweeping law tightening rules on online sweepstakes games
Indiana has adopted a wide-ranging regulatory measure that reshapes how the state handles certain sweepstakes-style online games. Governor Mike Braun signed House Bill 1052 into law on March 12, 2026...

Chicago bankruptcy judge denies emergency hearing request in Hawthorne racetrack Chapter 11
A federal bankruptcy judge in Chicago has turned down a request from Hawthorne Race Course and related companies to speed up a court hearing connected to their Chapter 11 restructuring. In a March...

Federal judge denies Kalshi stay bid to pause Nevada gaming enforcement case
A federal judge in Nevada has refused to put a legal fight between state regulators and prediction-market operator Kalshi on hold, clearing the way for the dispute to return to state court. U.S. D...

CFTC guidance sparks debate over sports prediction markets oversight and legality
Prediction markets in the U.S. just received a clear signal from regulators that the sector is expanding quickly, and federal oversight is moving in step. On Thursday (March 12), the U.S. Commodit...

Kalshi sues Iowa officials claiming federal authority over prediction market contracts
A federally regulated prediction market is taking Iowa officials to court, arguing the state is threatening to crack down on trading activity that federal law already oversees. Kalshi, a New York�...