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Suswati Basu @ ReadWrite 1 place · 06/05/2026 07:09 EDT

Rhode Island Senate advances bill expanding sports betting competition

Rhode Island moved closer to ending its single-operator sports betting model after the state Senate approved legislation that would bring… Continue reading Rhode Island Senate advances bill expanding sports betting competition Read more

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ReadWrite
Suswati Basu @ ReadWrite 2 place · 06/05/2026 05:59 EDT

New Mexico sues Kalshi as tribes escalate sports betting fight

New Mexico Attorney General Raúl Torrez has filed suit against prediction market operator Kalshi, arguing the company is offering online… Continue reading New Mexico sues Kalshi as tribes escalate sports betting fight Read more

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ReadWrite
Suswati Basu @ ReadWrite 3 place · 06/05/2026 05:35 EDT

Bally’s Intralot agrees $327M evoke deal to create major European gaming group

Bally’s Intralot has reached an agreement to acquire betting and gaming operator evoke in a recommended all-share deal worth roughly… Continue reading Bally’s Intralot agrees $327M evoke deal to create major European gaming group Read more

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ReadWrite
Suswati Basu @ ReadWrite 3 place · 06/04/2026 06:59 EDT

Florida appeals court upholds permit revocation amid Seminole gaming overhaul

A Florida appeals court has upheld a state law linked to Florida’s gambling overhaul and Seminole Tribe gaming compact, rejecting… Continue reading Florida appeals court upholds permit revocation amid Seminole gaming overhaul Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/04/2026 06:23 EDT

Bipartisan bill seeks federal gambling disorder study as betting spreads across the US

A bipartisan group of lawmakers wants the federal government to take a much closer look at gambling addiction as online… Continue reading Bipartisan bill seeks federal gambling disorder study as betting spreads across the US Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/04/2026 05:57 EDT

George Santos rejects trading claims amid expanding prediction market concerns

Former Rep. George Santos is disputing allegations that he improperly benefited from prediction-market trading as federal authorities reportedly examine activity… Continue reading George Santos rejects trading claims amid expanding prediction market concerns Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/03/2026 10:03 EDT

Prediction markets face a geolocation reckoning as regulators tighten scrutiny worldwide

“The first thing to understand is that geolocation controls are risk management controls, not absolute security controls.” Trevor Horwitz, founder… Continue reading Prediction markets face a geolocation reckoning as regulators tighten scrutiny worldwide Read more

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ReadWrite
Suswati Basu @ ReadWrite 3 place · 06/03/2026 06:09 EDT

New York advances bill requiring monthly sports betting account statements

A proposal that would require online sports betting companies in New York to send detailed monthly account statements to customers… Continue reading New York advances bill requiring monthly sports betting account statements Read more

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ReadWrite
Suswati Basu @ ReadWrite 3 place · 06/03/2026 05:32 EDT

Hawthorne Race Course’s sale deadline set as bankruptcy scrutiny process intensifies

Qualified buyers have until June 26 to submit bids for Hawthorne Race Course as the historic Illinois racetrack seeks a… Continue reading Hawthorne Race Course’s sale deadline set as bankruptcy scrutiny process intensifies Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/03/2026 05:15 EDT

Nevada court backs regulators against Polymarket amid ongoing enforcement actions

Nevada gaming regulators have secured another courtroom win in their campaign against prediction-market platforms, with a state judge granting a… Continue reading Nevada court backs regulators against Polymarket amid ongoing enforcement actions Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/02/2026 09:02 EDT

Galveston County raids target alleged gambling network across multiple properties

A sweeping law enforcement operation unfolded across Galveston County on Monday (June 1) as investigators moved to break apart what… Continue reading Galveston County raids target alleged gambling network across multiple properties Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/02/2026 06:55 EDT

Illinois budget bill targets sports prediction markets with unique transaction tax

Illinois lawmakers have signed off on a budget measure that would create what appears to be the first state tax… Continue reading Illinois budget bill targets sports prediction markets with unique transaction tax Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/02/2026 05:42 EDT

Barry Diller’s People Incorporated seeks to take MGM private in $18B deal

Barry Diller’s People Incorporated has made a move to take MGM Resorts International private, putting forward a cash offer of… Continue reading Barry Diller’s People Incorporated seeks to take MGM private in $18B deal Read more

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ReadWrite
Suswati Basu @ ReadWrite 3 place · 06/01/2026 08:37 EDT

A Burbank blood-testing laboratory owner who used Medicare reimbursement money to support a gambling habit, pay personal expenses and evade… Continue reading Burbank laboratory owner jailed after Medicare fraud funded gambling habit Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/01/2026 08:04 EDT

Two arrested in Manchester gambling raid as wider scrutiny grows

Two people were arrested after police and regulators carried out a raid at a suspected illegal gambling venue in central… Continue reading Two arrested in Manchester gambling raid as wider scrutiny grows Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/01/2026 07:45 EDT

Kalshi launches regulated crypto perpetual futures as US oversight expands

Kalshi is preparing to bring crypto perpetual futures to U.S. traders, making it the first company set to offer the… Continue reading Kalshi launches regulated crypto perpetual futures as US oversight expands Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/01/2026 06:52 EDT

Hawthorne creditors seek probe into racing funds amid bankruptcy dispute case

The owners of Hawthorne Race Course and the official committee representing unsecured creditors are asking a bankruptcy judge to authorize… Continue reading Hawthorne creditors seek probe into racing funds amid bankruptcy dispute case Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/01/2026 06:09 EDT

Sarasota gambling raids seize 69 machines as enforcement expands

Florida authorities say two suspected illegal gambling businesses in Sarasota County were shut down during a coordinated operation that resulted… Continue reading Sarasota gambling raids seize 69 machines as enforcement expands Read more

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ReadWrite
Suswati Basu @ ReadWrite · 06/01/2026 05:36 EDT

Federal agencies seek injunction against Rhode Island event contract restrictions

The United States and the Commodity Futures Trading Commission (CFTC) have asked a federal judge to block Rhode Island from… Continue reading Federal agencies seek injunction against Rhode Island event contract restrictions Read more

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ReadWrite
Suswati Basu @ ReadWrite 1 place · 05/29/2026 08:31 EDT

Marves Fairley pleads guilty as NBA betting probe widens

Marves Fairley pleaded guilty Thursday (May 28) in federal court in Brooklyn, a major development in the widening sports betting… Continue reading Marves Fairley pleads guilty as NBA betting probe widens Read more

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06.06.2026 13:48
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