Legal
March 30, 2026
Washington Targets Kalshi in New Gambling Lawsuit
Washington is the latest state to take legal action against Kalshi, the prediction market platform accused of running contracts that amount to illegal gambling according to state law. “Each Bet Risks Money” The lawsuit, filed on Friday, March 27, in King County Superior Court by Attorney General Nicholas W. Brown, claims the company’s operations violate […]
Prediction Markets
March 30, 2026
Texas Targets Prediction Markets Ahead of 2027 Session
Texas lawmakers are preparing to take a closer look at the rapid rise of prediction market platforms, as Lieutenant Governor Dan Patrick places the issue high on the Senate’s interim agenda before the 2027 legislative session. Texas Senate to Probe Growing Influence of Prediction Markets The directive comes amid growing concern that these platforms, which […]
Casino
March 30, 2026
Las Vegas Casino Heads for Sale After Loan Default
A well-known gaming property in downtown Las Vegas is being prepared for a potential ownership change after its operators failed to meet major debt obligations tied to a large construction loan. $90M Loan Default Pushes Downtown Grand Toward Sale The Downtown Grand Hotel and Casino has been under court supervision since early January, following a […]
Sports
March 30, 2026
Judge Denies NCAA’s Request to Block DraftKings’ Use of March Madness Trademarks
Federal Judge Tanya Walton Pratt rejected the National Collegiate Athletic Association’s (NCAA) request for a temporary restraining order aimed at preventing DraftKings from using trademarks tied to the former’s basketball tournaments. Judge Sides with DraftKings Last week, the NCAA filed a complaint that asked a federal court to make DraftKings stop using March Madness, Final Four, […]
Casino
March 27, 2026
Smoking Ban in Missouri Casinos Is Lagging, Kansas Ban Already Failed
Smoking is still permitted across all 13 casino gaming floors in Missouri, and lawmakers have once again introduced House Bill 1618 in the state General Assembly aimed at requiring casinos to provide smoke-free environments. However, the legislative deadline is approaching fast, so it’s absolutely possible that the bill might not have enough time to go […]
Poker
March 27, 2026
WSOP Set to Return on ESPN Once Again
The World Series of Poker, the Benny Binion-founded poker juggernaut, and ESPN have confirmed a new streaming deal on Thursday, which will see the world’s most prestigious and popular poker event return on the broadcast network. ESPN to Bring Top-Tier Poker Action to Fans The multi-year streaming alliance will commence with this year’s edition of […]
Prediction Markets
March 27, 2026
ARK Invest Teams Up with Kalshi to Explore New Forecasting Opportunities
A new partnership between Kalshi and ARK Invest is pushing prediction platforms toward mainstream professional investing, as firms seek better tools to predict an increasingly uncertain future. The collaboration would offer a different perspective than traditional forecasting methods, leveraging the wisdom of the crowd to gather signals that traditional models often miss. Prediction Markets Can Offer […]
Poker
March 27, 2026
From Poker Cash to 30 Stores: Fat Shack Founder Story
Tom Armenti, president and chief executive officer of Fat Shack Inc., kick-started his business after finishing college, with $5,000 he had won playing online poker. His hopes were very low at the time, considering the huge construction quotes that ran between $150,000 and $200,000. “There’s No Way I Can Do This” “I remember thinking, ‘There’s […]
Industry
March 27, 2026
Rift Between AGA and Sportsbooks Grows, as Bet365 Quits
The American Gaming Association (AGA) has been silently shedding members at a time when the trade group and the industry face pressure from all sides. The offshore gambling market is chugging along, sweepstakes casinos have taken a battering, but are holding on, and notably, the prediction market sector has surged to threaten the interests of […]
Prediction Markets
March 27, 2026
Kalshi Receives $800M in Trades on March Madness in First Week
March Madness is bringing in a record betting handle from legal and regulated operators, the American Gaming Association recently said, but prediction markets are also taking a huge chunk of the pie. Kalshi Picks Up Steam During College Season According to reports by Bloomberg, Kalshi, arguably the leader in the space, managed to bring in […]
