News

Florida regulator says illegal slot machine crackdown is larger than first expected

Florida’s gaming regulator says illegal slot machine activity remains widespread, with 346 machines seized, seven locations shut down, and 15 arrests made in August alone.

Opinion urges federal action on sports-betting abuse targeting college athletes

An opinion piece in The Hill argues that state-by-state rules are not enough to stop sports-betting-related harassment of college athletes and calls for federal legislation.

Pensacola Hard Rock project said to be unaffected by Emmitt Smith lawsuit

A Delaware lawsuit alleges Emmitt Smith and a business partner misused $2.5 million, but Pensacola officials and project backers say the Hard Rock development is moving forward unchanged.

Congress Renews Pressure on FanDuel Over VIP Betting Program and Predicts Product

Three members of Congress say FanDuel’s earlier response did not answer key questions about its VIP betting program, and they are now also raising concerns about FanDuel Predicts.

White House aide settles Kalshi insider-trading case with $65,000 fine

Gabriel Perez, President Donald Trump’s longtime teleprompter operator, agreed to pay a $65,000 fine and forfeit more than $107,000 in profits to settle an insider-trading case tied to Kalshi prediction-market trades on Trump speeches.

DraftKings Predictions Hit With California Class-Action Lawsuit

A new California class action claims DraftKings’ Predictions product functioned like an illegal sportsbook, adding fresh legal pressure to the broader fight over prediction markets.

Hard Rock Bet says new titles drove August shakeup in Florida real-money games

Hard Rock Bet’s August 2026 Florida real-money games report showed a major leaderboard reset, with Trophy Bass launching at No. 1 and eight new titles entering the top 10.

Florida reports 71 illegal gambling cases in August as regulators push tougher enforcement

Florida gaming regulators say they are stepping up enforcement against illegal gambling venues after reporting 71 cases in August, with 346 slot machines seized, 15 arrests, and $179,717 in cash recovered.

Kalshi won’t list Supreme Court markets tied to New Jersey prediction case

Kalshi says it will not offer markets on whether the U.S. Supreme Court takes or decides New Jersey’s prediction markets case, while Polymarket’s offshore site and new legal, lobbying, and sports-partnership developments keep pressure on the sector.

Crypto.com to launch AI-focused prediction markets through CFTC-regulated venue

Crypto.com is preparing to launch a new set of prediction markets centered on artificial intelligence adoption, with more than 20 contracts expected to begin rolling out in September.