Author: Luci Kelemen

A federal judge in Wisconsin has found that the Ho-Chunk Nation is likely to succeed in blocking Kalshi from offering sports event contracts on tribal land under the Indian Gaming Regulatory Act (IGRA), in what appears to be the first ruling of its kind against the prediction-market operator…

U.S. Army Master Sergeant Gannon Ken Van Dyke pleaded not guilty Tuesday to five federal charges over a series of Polymarket bets that turned $33,000 into more than $404,000, in what prosecutors describe as the first insider-trading case ever filed against a prediction-markets trader. Key Takeaways: Van Dyke pleads not guilty to five federal charges

The Court of Justice of the European Union ruled on Wednesday that EU member states can prohibit specific online gambling services even when operators hold licenses from other EU countries. More critically, the decision means that consumers can sue to reclaim their losses when gambling contracts violate these national bans…

Italy’s outgoing football federation president, Gabriele Gravina, who resigned after the national team’s failure to qualify for the World Cup for the third time in a row, has called for repealing the country’s blanket ban on gambling advertising and redirecting betting revenue into youth development, arguing in an 11-page report that 2019 restriction has failed