Nevada warns that the prediction market may violate gambling regulations; multiple states intensify supervision, leading to legal challenges.

The Nevada Gaming Control Board (NGCB) issued an official warning stating that offering prediction market contracts for sports, elections, or popular culture events constitutes "betting activities" in the state, and licensed institutions may face disciplinary action. NGCB became the third state regu

29like·0comment

#LegalChallenges

Predicting market giant Kalshi skirts legal boundaries, state gambling taxes face new challenges

Louisiana issues warning: Predictive market contracts equivalent to illegal sports betting.

Kalshi faces class action lawsuit for unlicensed sports betting, facing legal challenges.

Massachusetts bans sports betting from offering prediction market services.

Philippine prediction markets face legal obstacles; local operations remain illegal despite global boom.

Texas Attorney General candidate opposes legalization of gambling

DraftKings Acquires Railbird to Enter Prediction Market

Nevada warns that the prediction market may violate gambling regulations; multiple states intensify supervision, leading to legal challenges.

Kalshi launches Parlay same-game betting feature, causing significant decline in sports betting stocks.

Evolution reports a 3.9% increase in first-quarter revenue to €520.9 million, with Asia being the largest market for Evolution this quarter.

The Game of Change: Where is the Future of British Football Betting Sponsorship Heading?

The path to legalization of gambling and betting in Thailand seems to be not very smooth!

Light & Wonder 2024 Q3 Performance: Revenue Increases by 12%, Major Segments Achieve Growth

Indian Online Casino Craze: Legal Obstacles and Market Opportunities

Las Vegas expands ‘order-out corridor’ banning people convicted of crimes

Predicting market giant Kalshi skirts legal boundaries, state gambling taxes face new challenges

Louisiana issues warning: Predictive market contracts equivalent to illegal sports betting.

Kalshi faces class action lawsuit for unlicensed sports betting, facing legal challenges.

Massachusetts bans sports betting from offering prediction market services.

Philippine prediction markets face legal obstacles; local operations remain illegal despite global boom.

Texas Attorney General candidate opposes legalization of gambling

DraftKings Acquires Railbird to Enter Prediction Market

Nevada warns that the prediction market may violate gambling regulations; multiple states intensify supervision, leading to legal challenges.

Kalshi launches Parlay same-game betting feature, causing significant decline in sports betting stocks.

Evolution reports a 3.9% increase in first-quarter revenue to €520.9 million, with Asia being the largest market for Evolution this quarter.

The Game of Change: Where is the Future of British Football Betting Sponsorship Heading?

The path to legalization of gambling and betting in Thailand seems to be not very smooth!

Light & Wonder 2024 Q3 Performance: Revenue Increases by 12%, Major Segments Achieve Growth

Indian Online Casino Craze: Legal Obstacles and Market Opportunities

Las Vegas expands ‘order-out corridor’ banning people convicted of crimes