Chicago Aldermen Pressure Bally’s to Restore Full Casino Construction
A majority of Chicago City Council members are pressing Bally’s to resume full construction of its $1.7 billion permanent casino resort after […]
News Category: USA
New York City Council Opens Prediction Market Advertising Investigation
The New York City Council has opened an investigation into the marketing practices of Polymarket, Kalshi, Coinbase and Gemini Titan, with officials […]
Connecticut Court Rejects Kalshi Bid to Shield Sports Markets From State Gambling Rules
A federal judge in Connecticut has refused to block state regulators from taking action against Kalshi, ruling that the prediction market operator […]
Lawmakers Target MLB Sportsbook Rules Following Bryce Harper FanDuel Case
Three US lawmakers are pressing Major League Baseball and its players’ union to strengthen restrictions on sportsbook promotions after Philadelphia Phillies star […]
Kalshi Parlay Losses May Be Far Higher for Ordinary Buyers Than Headline Data Suggests
Kalshi customers buying multi-leg sports contracts may be losing substantially more than widely cited headline figures suggest, with new analysis indicating that […]
Kalshi Funding Deal Deepens Divisions Around NCPG’s Role in Problem Gambling
The National Council on Problem Gambling is facing mounting criticism over its relationship with prediction market operator Kalshi, with lawmakers, regulators and […]
Amy Howe’s FanDuel Departure Package Could Reach $21.2 Million
Former FanDuel chief executive Amy Howe could receive an exit package worth approximately $21.2 million, substantially more than the cash severance figure […]
DraftKings Q2 Revenue Slips as Sportsbook Margin Falls Despite Higher Betting Volume
DraftKings reported lower revenue and a sharp drop in quarterly profit for the second quarter of 2026, as bettor-friendly sports results and […]
Trump Uses Las Vegas Visit to Promote Tax Agenda as Casino Industry Faces Tourism and Tariff Pressures
US President Donald Trump returned to Las Vegas this week, using an appearance at Red Rock Casino Resort to promote his tax […]
PENN Entertainment Posts Stronger Q2 as Digital Losses Narrow Sharply
PENN Entertainment reported a stronger second quarter of 2026, with record results from its land-based casino business and a significant reduction in […]