The suit follows a federal court ruling that rejected Kalshi's bid to evade state oversight, intensifying the state-versus-prediction-market legal fight.

The regulator halted contracts tied to single plays, such as first basket, indicating fresh federal scrutiny of event contract design.

The industry-wide drop contrasts with continued growth in online casino, a shift operators are watching closely heading into football season.

The suits add to mounting litigation over sportsbook marketing practices in multiple states.

Congress is pressing operators on AI use and VIP reward programs, raising the risk of new federal requirements.

The spending level underscores how much the industry is investing to shape state and federal gambling policy.

State legislators are moving to restrict fast-turnaround wagers and VIP inducements, part of a broader state-level crackdown.

The motion tests the legal footing of the state's tribal online betting compacts.

Voters will decide whether to legalize online sportsbooks, with opponents warning about addiction risks.

iGaming's steady climb is offsetting softer sports betting revenue for operators with both products.

The bipartisan group is aimed at advancing responsible gambling policy in a major betting state.

Michigan, Pennsylvania and New Jersey all posted September gains, pointing to a strong start to the football calendar.

The sharp year-over-year gain reflects both volume growth and favorable hold for operators in the state.

Handle growth in the largest US market signals sustained demand despite a crowded operator field.

The ban is a rare enforcement action tied to harassment of a player or coach by a bettor.

Higher volume with lower revenue illustrates how hold percentage swings can hit state tax receipts.

The state's per-handle tax model continues to generate revenue even as operator margins fluctuate.

Regulators and executives debated the framework for event contracts as legal challenges continue.