The world of gambling and online prediction markets has been stirred by the recent legal challenges involving Kalshi and the Ohio Casino Control Commission (OCCC). Kalshi, a burgeoning online prediction market, has launched a lawsuit in federal court against the Ohio Casino Control Commission and the Attorney General of…
The recent sentencing of F.M., a 68-year-old businessman, for running an illegal gambling operation in a South Carolina suburb has drawn significant attention. Under the order of US District Judge Sherri Lydon, M. will serve six months in prison and forfeit $1 million. M.’s operation, centered in Lexington County,…
Torch Electronics, a prominent distributor of “gray market” gaming machines in Missouri, has found itself in hot water after a federal jury deemed its business practices unfair. The case, which concluded on Monday in St. Louis, saw the jury ordering Torch Electronics to pay $500,000 in damages to rival…
The long-running legal dispute between plaintiff Steven Horn and Amazon may be heading toward a settlement as new signs indicate that they are likely conducting private talks. The case could have significant implications for Amazon, potentially serving as a precedent for other similar claims and changing how the tech…
Intercontinental Exchange (ICE), a global leader in technology and data services and the owner of the iconic New York Stock Exchange (NYSE), has recently announced a monumental investment in the prediction market platform, Polymarket. As Polymarket gears up to reenter the US market, this $2 billion investment—valuing the company…
Las Vegas’ recent initiative to reignite visitor interest, headlined by the “Fabulous Five-Day Sale,” has yielded mixed results according to industry insiders. The Las Vegas Convention and Visitors Authority (LVCVA) rolled out this significant promotional effort in late September, which caught the attention of many, boosting online engagement and…
