Kalshi is facing mounting pressure to halt its sports event contracts in regions that have their own sports betting laws. Despite this, the prediction market platform maintains that it isn’t required to comply, as its offerings are regulated by the CFTC, rather than localized sports betting authorities. Kalshi has…
The excitement is mounting as the Powerball jackpot has skyrocketed past the $700 million milestone after the recent draw went without a six-number match. The prize now stands at an impressive $719 million, awaiting the next hopeful millionaire this Saturday night. It’s a staggering figure, though not the largest…
In a recent twist in the ongoing feud between PENN Entertainment and activist investor HG Vora, an independent review has come to light, favoring the casino operator’s approach toward restructuring its board. Following an in-depth investigation by a special litigation committee, findings were presented to the US District Court…
Luck was in the air this week at Resorts World Las Vegas, where a fortunate guest hit a mind-blowing jackpot of over $11 million. The guest, who had only come to visit some family, struck it rich early in the morning after just fifteen minutes of play. Unbeknownst to…
Polymarket is gearing up to make a significant reentry into the United States, bolstered by the recent green light from the Commodity and Futures Trading Commission (CFTC) received on Tuesday. This pivotal approval paves the way for Polymarket’s imminent return, ending a prolonged absence from the American market. The…
Pennsylvania’s ongoing clash over the legality of “skill games” approached a pivotal moment recently, as the state Supreme Court heard critical arguments destined to define the fate of myriad machines scattered across bars, convenience stores, and social clubs. Central to the debate is whether these devices genuinely function as…
