New York has sued Polymarket over its event contracts, alleging the company runs an illegal gambling business without a state gaming license, and Polymarket answered by pulling the case into federal court and separately suing...

Sen. Richard Blumenthal (D-CT) and Rep. Paul Tonko (D-NY) are widening a congressional campaign to force federal oversight and consumer protections onto prediction markets, aligning with public-health advocates who argue the...

The 6th U.S. Circuit Court of Appeals in Cincinnati ruled on Friday that Ohio and Tennessee can regulate Kalshi‘s event contracts under their state gambling laws, handing the prediction-market operator a loss in its fight to...

Researchers say they recently found Google ads delivering a sophisticated tech support scam that freezes the screens of both Windows and Mac devices and displays messages urgently instructing them to phone a bogus call center....

New York Attorney General Letitia James sued Polymarket on Thursday in state court in Manhattan, alleging the prediction market platform ran an unlicensed gambling operation. Hours later, Polymarket filed its own lawsuit in...

Robinhood is widening its prediction-market lineup beyond sports, with crypto-linked event contracts already commanding an outsized share of activity on the platform. CEO Vlad Tenev said as much, according to Zacks Investment...

Kalshi and Polymarket combined for 1.33 million of the 2.8 million NFL betting app downloads recorded in Week 2, extending prediction markets’ early lead over sportsbook apps. Total NFL betting app downloads rose 28% year over...

Prediction-market platforms are pushing to be governed only by federal swaps rules, displacing the state gambling laws that regulate casinos in Nevada and New Jersey, according to a Roosevelt Institute analysis published...

Robinhood is pushing its prediction-market business beyond sports into crypto, economic and other non-sports event contracts, a shift that comes as the segment’s revenue jumped more than tenfold year over year to $156 million in...

The world has known for decades that the RSA cryptosystem’s days are numbered. Once quantum computing becomes practical (estimates for that range from 3 to 20 or more years), the foundational security it provides will crumble....

Gaming attorney Daniel Wallach is urging California tribes to recruit city and county attorneys into their fight against Kalshi, arguing that tribal litigation alone won’t force the prediction-market operator out of the state....

VGW, the operator behind Chumba Casino, LuckyLand Casino, and Global Poker, has escalated its political spending in Alabama, donating $100,000 to US Sen. Tommy Tuberville’s gubernatorial campaign on top of an earlier $30,000...

Kalshi recorded more than $6 billion in combined trade volume over the weekend, with the NFL driving the bulk of the activity, according to data shared by TickerTracker. It’s the platform’s largest weekend on record, arriving...

The Ohio Casino Control Commission quietly withdrew its membership from the National Council on Problem Gambling in June, the commission confirmed to Sports Betting Dime, becoming the third state gaming authority to cut ties...

Both chambers of the New York Legislature have approved bill A10329, sending it to Gov. Kathy Hochul for review. If she signs it, regulated sportsbooks operating in the state would be required to send players monthly account...

Microsoft said Tuesday that it led an industry-wide disruption of a subscription-based scam platform that used an AI chatbot to compromise 12,000 Microsoft accounts over a few-month span. Named EvilTokens, the platform was...

A “human error” in the IT department led to Nottingham University Hospitals NHS Trust (NUH) losing data from maternity records over an 11-year span. The data loss occurred on August 18, the English hospitals announced in a blog...

DraftKings’ continued push into prediction markets could cost the company its tribal sportsbook partnerships, according to Indian Gaming Association Chair Victor Rocha, who predicts the operator will suffer once sports event...

Robinhood is expanding its prediction-markets business through a multiyear partnership with Crypto.com and its OG.com platform, and began routing selected football event contracts to OG.com on Sept. 8, according to Reuters and...

Meta founder and CEO Mark Zuckerberg has gone to great lengths to hype the security of its new AI assistant Muse, claiming it is “built from the ground up for privacy and security.” A zero-day vulnerability that gives locally...

Polymarket’s U.S. betting platform was targeted in a stolen-card fraud scheme that attempted to siphon off at least $10 million, according to The Wall Street Journal. The scheme surfaced in February, when a company processing...

Lead The House Ways and Means Committee advanced a bipartisan crypto tax bill that includes a reversal of the gambling-loss deduction limit enacted in the One Big Beautiful Bill. Punchbowl News reported that the measure would...

Lead Ohio’s stalled push to legalize online casinos has a new proposal attached to it: allow digital operators to run promotions only when those promotions direct players toward the state’s existing physical casinos and racinos....

DraftKings built a machine-learning model in 2023 using customer betting records to identify which gamblers were more likely to respond to promotions by betting – and losing – more, according to a New York Times investigation...

Hyperliquid’s open interest reached a record $16.36 billion, according to BlockBeats, as the exchange’s push beyond crypto perpetual futures into stocks and prediction markets drew fresh trading activity to the platform. The...

Before two of its alleged members were arrested and charged in Australia last month, the hacker group known as TeamPCP carried out a hacking spree unlike any other in history. It tainted hundreds of open-source programs with its...

Underdog has filed a federal lawsuit against Connecticut officials after the state ordered the company to stop offering sports-event contracts, escalating a fight over who has authority to regulate prediction markets. The...

The Tunica-Biloxi Tribe of Louisiana launched a prediction market app on Sep. 18 through its newly formed subdivision, SaltTrade Derivatives, a move Kalshi describes as the first time a sovereign Tribal nation has entered the...

Genius Sports has launched Prediction.com, a consumer platform built through its Legend business that lets users compare equivalent event contracts across multiple prediction-market venues and track how probabilities shift as...

Missouri Attorney General Catherine Hanaway is pursuing cease-and-desist action against prediction-market companies operating in the state, while Montana has agreed to pause enforcement against Kalshi under a stipulation filed...

In response to a new European Union law, AI platforms are implementing new schemes for watermarking the content they generate. Anthropic recently disclosed its future Claude models will use SynthID-Text, an approach Google...

BMLL and Kalshi have formed a strategic partnership that folds Kalshi’s historical prediction-market data into BMLL’s standardized capital-markets data environment, giving quantitative research teams, macro funds, and systematic...

The Commodity Futures Trading Commission issued new guidance on September 17 that could widen online access to cryptocurrency and prediction-market trading by exempting certain software providers from broker-registration...

State Rep. Travis Weaver, R-Peoria, filed House Bill 5814 on Monday to repeal an Illinois tax on sports wagering and fantasy contests. The measure targets a levy Gov. J.B. Pritzker signed into law in June as part of a broader...

Lead Robinhood’s futures and prediction-markets vice president and general manager, JB Mackenzie, said trading activity in prediction markets was rising ahead of the Federal Reserve’s rate decision. In comments reported by...

The Ninth Circuit ruled 3-0 in favor of the Blue Lake Rancheria and Chicken Ranch Rancheria of Me-Wuk Indians on Wednesday, reversing a lower court’s denial of a preliminary injunction concerning Kalshi’s sports-event contracts...

The International Meteor Organization, the nonprofit that coordinates and publishes amateur and professional observations of meteor phenomena, said its infrastructure has suffered a “critical blow” from a cyberattack. “We...

The California Nations Indian Gaming Association urged Senate Majority Leader John Thune, R-South Dakota, and Minority Leader Chuck Schumer, D-New York, not to bring up the CLARITY Act on Tuesday unless the bill closes what the...

Lead The Texas Senate State Affairs Committee heard testimony Tuesday on whether online prediction markets such as Kalshi should be treated as federally regulated financial exchanges or as gambling platforms subject to state...

The U.S. Senate rejected a procedural motion needed to advance the CLARITY Act on Tuesday, blocking legislation that tribal-gaming operators and lawmakers said was a crucial step toward stopping prediction-market companies from...