News

Alabama House Speaker Puts Gambling Back on the Table for 2027

Alabama House Speaker Nathaniel Ledbetter said gambling could return to the state’s agenda in 2027, potentially reopening debate over a lottery, casinos, and sports betting.

George Santos Agrees to $35,000 Settlement Over Alleged Kalshi Bets

Former New York Rep. George Santos agreed to pay $35,000 to settle allegations tied to prediction-market bets on Kalshi, according to the source report.

CME plans sports futures and options tied to team and athlete performance

CME Group says it plans to launch cash-settled futures and options based on team and athlete performance indexes through a partnership with FutureSports, subject to regulatory approval.

New York sues Kalshi, calling prediction market an illegal gambling operation

New York officials have sued Kalshi in Manhattan, alleging the federally regulated prediction market is operating as an illegal, unlicensed gambling platform in the state.

Kalshi threatens challenge after Wisconsin warns voters against election bets

Wisconsin election officials say state law bars voters from betting on races in which they cast ballots, and Kalshi is pushing back by calling the restriction illegal and a form of voter suppression.

Florida-sold Mega Millions ticket wins $803 million jackpot

A Mega Millions ticket sold in Bradenton matched all six numbers in the July 28 drawing to win an $803 million jackpot, the Florida Lottery said.

Wisconsin judge denies CFTC bid to block state action against prediction markets

A federal judge in Wisconsin denied the CFTC’s request for a preliminary injunction that would have blocked the state from enforcing gambling laws against several prediction market platforms.

Florida Gaming Control Commission marks 4 years of illegal slot enforcement

Florida’s gaming regulator is marking its fourth anniversary with a renewed focus on illegal gambling, including the seizure of 11,000 slot machines statewide.

Terry Rozier Seeks to Swap Bond Property to Sell South Florida Home in Federal Betting Case

Terry Rozier wants to replace his South Florida home with an Ohio property as collateral on his $3 million bond, according to a new court filing in his federal betting-related case.

Flutter shares slide as prediction market growth raises pressure on FanDuel, DraftKings

Flutter Entertainment shares dropped as rising prediction market volumes added fresh pressure to the FanDuel parent and other traditional sportsbook operators.