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The Commodity Futures Trading Commission has moved to pause two micro-style sports prediction contracts — one from Novig and one from ProphetX — citing concerns that such products may be susceptible to market manipulation. According to Legal Sports Report, the CFTC placed a hold on Novig’s contract tied to which team scores the first basket… Read more »
No holds barred Sweepstakes casinos and poker rooms are under fire in the state of Florida, as state Attorney General James Uthmeier announced this week that his office has filed lawsuits against multiple sweepstakes gambling operators. Among the defendants are Stake and VGW, which owns major brands like Global Poker, Chumba Casino, and Luckyland. Also… Read more »
No place to go but out Las Vegas’ Downtown Grand Hotel & Casino is on the verge of changing hands. On Tuesday, a court-appointed receiver filed a motion to sell the casino’s assets to Massachusetts-based Vegas Ventures LLC. It is now up to a Clark County District Court judge to approve the sale. According to… Read more »
Sweat the games, not the flight At the end of July, Delta Airlines launched a new free-to-play sports betting contest in partnership with DraftKings. Called SkyPicks, the in-flight game allows U.S. domestic passengers to test their sports-picking skills against other travelers around the country for a chance to win Delta gift cards. As noted, SkyPicks… Read more »
Almost too good to be true In the early days of the online poker boom, internet poker rooms and casinos often had very juicy deposit bonuses. The dollar amounts offered were high and the playthrough requirements were low, making it quite lucrative for players to “bonus whore,” or jump from site to site collecting bonuses… Read more »
As reported by Poker News Daily, Kalshi is adding Nasdaq’s market-surveillance tools to bolster oversight across its prediction-market platform. The exchange said the Nasdaq Market Surveillance system will work alongside Kalshi’s current monitoring setup and will apply to both event-based contracts and perpetual-style products. Poker News Daily also reported that the integration broadens what Kalshi… Read more »
A Las Vegas content creator has lifted the veil on what appears to be one heck of a Las Vegas tourism scam. According to Jennifer Gay, who goes by VegasStarFish on social media, OYO Las Vegas, a hotel-casino on the south end of the Las Vegas Strip, has been tricking travelers into booking stays by… Read more »
Did the fix actually fix anything? Never has a Poker Hall of Fame election come and gone without controversy. The Powers That Be tried to head off some of the angst this year by tweaking the voting process, but after Jason Koon was the lone inductee this week, some of the top players in the… Read more »
According to Poker News Daily, a Minnesota judge on July 29, 2026 stopped the state’s bid to ban sports prediction markets, adding another twist to the broader U.S. dispute over how prediction market operators should be regulated. Poker News Daily noted that the Minnesota decision followed a July 28, 2026 move by the National Council… Read more »
Nothing to see here Two of the WNBA’s biggest stars were caught on camera wagering hundreds of dollars on an upcoming game between their teams. And perhaps the craziest part is that they weren’t really “caught” at all – they happily talked about it, filmed the bet themselves, and the league posted the video on… Read more »
Love-ly casino resort The Las Vegas Strip might get more interesting looking in the next few years. On Wednesday, Clark County commissioners approved a plan to develop land across from Mandalay Bay into a 752-room casino resort, featuring a hotel tower with a giant, heart-shaped façade. It sounds like quite the ambitious project – a… Read more »
Divulging draft secrets The NFL suspended Arizona Cardinals director of college scouting Ryan Gold indefinitely for violating the league’s gambling policy. His attorney said this week that he is appealing the punishment and that the accusations are “blatantly false.” The sports world has unfortunately seen several betting scandals in the last couple of years, but… Read more »
Athletes tired of the abuse The Major League Baseball Players Association (MLBPA) has proposed a ban on player prop bets as part of the ongoing collective bargaining negotiations with the league. The ban would include bets on prediction markets like Kalshi. The primary reason for the proposal is the abuse players take from upset bettors… Read more »
NFL hopeful In a surprising turn of events, Brendan Sorsby has announced that he will not play quarterback at Texas Tech, instead declaring for the NFL’s supplemental draft. The decision comes just a week after a judge granted him a temporary injunction, allowing him to play college football after the NCAA ruled him ineligible for… Read more »
Slap on the wrist The college sports world was shocked this week when a judge granted Texas Tech QB Brendan Sorsby a temporary injunction, allowing him to play in the upcoming football season despite being declared ineligible for betting on college football games. Not only did he bet on games, he bet on 40 Indiana… Read more »
As Texas Tech quarterback Brendan Sorsby continues his legal battle to be able to play college football this upcoming season, the NCAA filed a legal brief Friday saying that because he bet on his own team, he should not be allowed to compete in NCAA games. On Monday judge Ken Curry heard from the NCAA… Read more »
State blazes a trail Minnesota has become the first state to ban prediction markets, after Governor Tim Walz signed SF4760, a public safety bill, into law. The bill was previously passed overwhelmingly by both chambers of the state legislature. The new law makes it a felony to create, operate, and even advertise prediction markets; penalties… Read more »
Texas Tech quarterback Brendan Sorsby has filed an injunction against the NCAA, looking to be reinstated and eligible to play in the upcoming season after admitting to gambling on his own team when he was at Indiana University. Sorsby, who was the most coveted quarterback in the transfer portal this past offseason (he previously played… Read more »
The Lodge Card Club just outside of Austin, Texas, has announced that it will reopen on May 26 at 9:00am, two and a half months after it was raided by the Texas Alcoholic Beverage Commission (TABC). The raid occurred on the morning of March 10, just hours after the end of the Lodge Championship Series.… Read more »
Golden Entertainment, operator of The STRAT Hotel, Casino, and Tower on the north end of the Las Vegas Strip, has made its transition to a privately-held company. In the move, Vici Properties acquired the real estate of seven of Golden’s casino resorts for $1.16 billion. Golden shareholders received .902 shares of Vici stock and $2.75… Read more »
Jail and a million bucks On November 13, 2023, poker player George Janssen disappeared. A month later, he was found, bloodied and hands bound, on the side of the road. And now he is going to prison. Last week, U.S. District Judge David M. Lawson sentenced Janssen to three years behind bars for financial institution… Read more »
Future is cloudy Two weeks ago, The Lodge Card Club in Austin, Texas was raided by law enforcement. Players were sent home, doors were closed, and assets were seized. And now it looks like those doors will remain shut for a long time. Though no criminal charges have been filed yet, Jason Levin, one of… Read more »
Fake accounts, fake companies A former employee of Hollywood Casino at Penn National Race Course in Grantville, Pennsylvania has been charged with nine felonies for allegedly embezzling more than $700,000 from the casino. The investigation into 51-year-old Jennifer Petrillo began a year ago when casino management contacted the police about “discrepancies” in the casino’s bookkeeping… Read more »
One of the classic scenes in any television show or movie in which the characters visit a casino involves the old “raucous craps table crowd.” Inevitably, one of the main characters doesn’t really know how to play, but ends up being the shooter, the one to roll the dice. They get on a hot streak,… Read more »
Arizona going to the mattresses The state of Arizona has ratcheted up the legal battle against prediction market companies. On Tuesday, Arizona Attorney General Kris Mayes filed criminal charges against Kalshi for allegedly operating an unlicensed gambling business. “Kalshi may brand itself as a ‘prediction market,’ but what it’s actually doing is running an illegal… Read more »
