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CFTC chairman announces overhaul to rules for prediction markets
The chairman of the Commodity Futures Trading Commission (CFTC) has come forward to begin creating a clear path for prediction markets. With the explosion in popularity of the new style of wagering ri...

National Council on Problem Gambling announces new helpline number: 1-800-MY-RESET
The National Council on Problem Gambling (NCPG) has officially adopted the 1-800-MY-RESET number as the National Problem Gambling Helpline. The number is now live and operational to receive calls, wit...

FanDuel and DraftKings prediction markets could offer Super Bowl parlays, as CME issues self-certification
With the Super Bowl looming, FanDuel and DraftKings prediction markets could potentially be introducing parlays for the event following a self-certification contract with the CFTC. The CME Group, whic...

Oxford Casino takes Maine to court over allowing tribes to operate iGaming
The Oxford Casino, based in Maine, has filed a federal lawsuit which challenges “efforts to grant a monopoly on online casino-style gambling (“iGaming”) to four specially selected Indian Tribes....

Austrian Supreme Court rules that loot boxes do not constitute gambling
The Austrian Supreme Court has ruled that loot boxes present within video games do not constitute gambling under their gambling laws. This comes after a player attempted to reclaim nearly €20,000 ($...

FBI seeking Michael Lizaso Marasigan for illegal gambling and fraud
The FBI are seeking Michael Lizaso Marasigan in connection with alleged illegal gambling activities and related financial crimes, and have placed him on the most wanted list. He is wanted for violatio...

Billions in tax revenue would be generated by expanding sports betting legalization
Billions of tax revenue would be generated if all 50 states in the US made sports betting legal, a report by the Tax Foundation claims. If all states established statewide gambling markets, the Tax Fo...

Lumbee Tribe teases possible casino plans after land purchase in North Carolina
The Lumbee Tribe of North Carolina secures 241 acres of land in Robeson County and teases the idea of a casino and resort in the announcement. The update comes from the Lumbee Tribal Chairman, John L....

Coalition for Prediction Markets takes out full page advert in Washington Post
The newly formed Coalition for Prediction Markets (CPM) have gone big on the marketing budget, as they share a full page advertisement in the Washington Post. Within it, it reads “CFTC regulated pre...

Las Vegas Sands sees uptick in Q4 financial report, but Sands China declines
Las Vegas Sands, which owns properties worldwide, posts a strong Q4 and full-year, but Sands China sees dip. The net revenue of the company was $3.65 billion, compared to $2.90 billion in the prior ye...