Robinhood Challenges Massachusetts Regulators as Dispute Over Legality of Sports Prediction Markets Escalates

Recently, the American fintech company Robinhood filed a lawsuit in the Massachusetts state court, seeking to prevent the state's Attorney General and the Gaming Commission (MGC) from enforcing state-level regulation on its sports prediction market business. This action is seen as the latest manifes

U.S. Strikes Hard! Sanctions on Chinese-Controlled Cambodian Casino Fraud Network

The U.S. Treasury Department announced sanctions against 19 entities related to Southeast Asian scam networks, including several Chinese businessmen naturalized in Cambodia and their controlled banks and casinos. The U.S. stated that this move aims to combat transnational criminal organizations invo

Underdog, in collaboration with Crypto.com, launches the U.S. sports prediction market, attracting attention with a new compliant betting model.

Underdog and Crypto.com announced a joint launch in the United States of sports event contracts based on a prediction market model, offering users a new betting method compliant with federal regulations. This move will allow players to exchange views on the outcomes of major sports leagues such as t

Pragmatic Play announces withdrawal from the US lottery market, focusing on compliance and future licensing arrangements.

Renowned game provider Pragmatic Play has confirmed its full withdrawal from the U.S. lottery market, stating that its products will no longer appear on any U.S. lottery platforms. A company spokesperson indicated that this decision was based on "regulatory dynamics and the evolving legislative envi

Maryland approves bet365 sports betting license, becoming its 15th market in the USA.

Maryland Lottery and Gaming Control Agency (MLGCA) recently officially issued a sports betting license to bet365 at a regulatory hearing, making it the company's 15th operating state in the USA. This decision coincides with the week before the NFL season starts, securing ample time for bet365's mark

Georgia Sports Betting and Casino Legalization: Could It Bring in Billions in Tax Revenue and Thousands of Job Opportunities?

The discussion on the legalization of sports betting in Georgia has heated up again. At a recent hearing of the House Gambling Research Committee, industry representatives and experts not only emphasized the substantial revenue from sports betting but also pointed out that the development of casino

The CFTC paves a new way for offshore cryptocurrency exchanges to re-enter the U.S. market, with Binance potentially becoming the biggest beneficiary.

The U.S. Commodity Futures Trading Commission (CFTC) recently announced that some offshore cryptocurrency exchanges can re-enter the U.S. market under its Foreign Board of Trade (FBOT) framework, clearing the way for platforms including Binance and ByBit to serve U.S. investors again.CFTC Acting Cha

Los Angeles City Prosecutor Sues Stake.us: First U.S. Enforcement Case Against Sweepstakes Casino

The Los Angeles City Attorney's Office has officially filed a civil enforcement lawsuit against the online lottery casino platform Stake.us and its 21 partners. This is the first legal action taken by the U.S. government against lottery casino operators.The Los Angeles City Attorney accuses Stake.u

"Even betting on 'Taiwan table tennis'? U.S. sports betting hits a new high with legal annual bets of 4.8 trillion!"

Billions of dollars in Powerball jackpot frenzy sweeps across Western Washington!

Ohio regulators warn: Sports betting operators risk licenses if they enter prediction markets.

Recently, the Ohio Casino Control Commission (OCCC) issued a clear warning to sports betting operators in the state, stating that their gambling licenses could be at risk if they offer prediction market services without permission. This move is seen as a direct response to some operators' recent int

The American Business Improvement Bureau is studying the rise of the illegal online gambling market!

Pennsylvania Entertainment Company has reached a long-term partnership with the Chicago Bears to expand casino and sports betting experiences.

Pennsylvania Entertainment has signed a multi-year partnership agreement with the Chicago Bears, aimed at enhancing its brand influence in the Illinois market through joint marketing and venue cooperation.Under the agreement, Hollywood Casino Aurora and the newly opened Hollywood Casino Joliet beco

FanDuel, in partnership with the Chicago Mercantile Exchange Group (CME Group), launches an event-based prediction trading platform.

FanDuel and the Chicago Mercantile Exchange Group (CME Group) announced a partnership to launch a new event-based trading platform in the United States, combining the infrastructure of the derivatives market with FanDuel's extensive customer reach.The platform will offer fully funded contracts, allo

Colorado's sports betting hits a new high for the 2024-25 season, with tax revenue allocated to water conservation projects.

The Colorado Department of Gaming has released a report showing that the 2024-25 fiscal year set a new record for sports betting within the state, with player wagers reaching $6.3 billion, an increase of $287 million from the previous fiscal year, and a 130% growth from the first full fiscal year of

BetMGM partners with AGS to launch the exclusive Rakin' Bacon! slot machine, available both online and offline.

BetMGM recently partnered with gaming supplier AGS to launch the new Rakin' Bacon! series of slot machines, achieving exclusive operation across both online and offline channels. The first game, "Rakin' Bacon! Jackpots Bonus Wheel," is now available on the BetMGM Casino platform in New Jersey and Mi