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Andrew Yates and senior partner Julian McPherson stepped down Friday after the firm acknowledged shortcomings in its handling of a whistleblower complaint. The resignations follow public disclosure of the matter in March.
BenzingaThe American Gaming Association estimates states and tribes have lost over $1 billion in tax revenue to prediction market platforms. Association president and CEO Bill Miller said the platforms function as unregulated sports betting and called the CFTC a rogue agency.
citizen.co.zaKalshi will provide $2 million over two years to the National Council on Problem Gambling. The funds support a new initiative on trader health and safety. The announcement comes as prediction markets expand and face regulatory questions from state officials.
The Albanese government released its response to the Peta Murphy gambling inquiry this week, imposing partial restrictions on sports betting advertising while ignoring calls for a national regulator. Critics including Mark Kempster, Andrew Wilkie and Tim Costello described the mo…
Annie Ashton discovered after her husband Luke Ashton's death in 2021 that he had been placing more than 100 bets a day. A coroner in England ruled that gambling disorder contributed to his suicide and that the gambling operator missed opportunities to intervene. Ashton has since…
reviewjournal.comA Las Vegas casino canceled a booking for the Predict 2026 conference days after signing the agreement, citing Nevada's regulatory position on prediction markets. The Nevada Gaming Commission has sued one company over sports event contracts and briefly barred a platform from oper…
The Australian Communications and Media Authority is examining emails sent by a gambling company to dormant customers that warn of inactivity fees without mentioning the BetStop service. Customers can use BetStop to close accounts and receive refunds without placing bets.
The Australian Communications and Media Authority determined that Entain, the company behind Ladbrokes and Neds, committed more than 500 breaches of national self-exclusion rules over three years. The regulator could not issue fines because its investigation exceeded the 12-month…
CoinDeskWisconsin filed lawsuits on April 24, 2026, against several prediction market platforms, alleging they operate as unlicensed gambling venues under state law. The complaints cite sports-related markets and company marketing that describes the services as betting. The cases highlig…
The Third Circuit Court of Appeals ruled that the Commodity Exchange Act preempts New Jersey's state gambling laws. This decision prevents the state from enforcing actions to shut down Kalshi's sports prediction markets. The ruling stems from a legal challenge involving the platf…