Brazil's president is halting betting operators ahead of a tight reelection race, alongside a new debt relief plan, a move that upends one of the world's larges

The appellate loss is the second such setback for Kalshi and hands states a clearer path to regulate sports prediction markets.

Investors are weighing how fresh court rulings on event contracts affect listed operators tied to prediction markets and sportsbooks.

The operator's NFL betting volume growth comes as prediction market platforms siphon betting activity away from traditional sportsbooks.

The investigation adds to scrutiny of sportsbook VIP programs and responsible gambling practices ahead of regulatory attention on the industry.

State regulators are examining how sportsbooks deploy artificial intelligence in marketing and player interaction.

The deal fell apart the day after Caesars shareholders approved a separate $17.6 billion takeover.

The complaint is part of a growing wave of addiction lawsuits targeting major US sportsbook operators.

Lawmakers are folding event contract platforms into a broader consumer protection and oversight campaign.

New York is trying to block the New York City-based company from offering sports prediction markets in the state.

A CFTC advisory letter flags repeated insider trading concerns but stops short of formal enforcement.

Rapid growth in event contract trading has outpaced the clarity of state and federal rules governing the products.

The finding underscores how quickly event contract platforms are pulling customers from regulated sportsbooks.

The state-by-state rundown follows a string of court rulings on whether event contracts fall under gambling law.

The WSJ examines how far Kalshi can push sports event contracts before federal commodities law and state gambling law collide.

The state's defense of tribal compacts tests how far federally recognized tribes can extend online betting authority.

The decision keeps collegiate player prop markets available in the state despite pressure to restrict them.

The leagues are escalating pressure over abuse tied to wagering on their games.