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Business
June 25, 2025
Polymarket Closes in on $200M Raise as Prediction Markets Heat Up
Polymarket is nearing the finish line on a funding round that will bolster the crypto-backed prediction market with $200 million, valuing it at over $1 billion. This newest update, first reported by Bloomberg and Reuters, reportedly originates from a source with direct knowledge of the negotiations, who revealed the information on condition of anonymity. Business […]
Lottery
June 25, 2025
Man in California Bags $500K+ Jackpot Off $1 Lottery Ticket
One lucky guy in California has much to be thankful for after his $1 Cash 5 ticket turned out to be a winner and fetched him the eye-watering $512,111 payout. Daniel Allison, who won and was happy to share his prize, won on June 17 while playing online. The ticket matched all five numbers at […]
Sports
June 25, 2025
Tribes Challenge Kalshi’s Sports Betting in Maryland Case
A coalition of 27 federally recognized tribes, along with seven tribal associations, has entered the legal battle between prediction exchange platform Kalshi and the state of Maryland by submitting an amicus brief. Kalshi’s Contracts Allegedly Threaten Tribal Gaming Operations They argue that Kalshi’s sports event contracts effectively operate as illegal sports wagers, a position mirroring […]
Sports
June 25, 2025
NCAA Moves to Let College Athletes Bet on Pro Sports
Legal sports betting has taken off across the U.S. since the Supreme Court decided to strike down the federal ban in 2018. Now, you can bet legally in 38 states and Washington, D.C. The National Collegiate Athletic Association (NCAA) may be taking its biggest step yet toward modernizing its stance on the matter. On June […]
Sports
June 25, 2025
Cuomo Takes Back Lead in NYC Mayor Race Betting as Mamdani Gains Ground
Just before the key Democratic primary in New York City’s race for mayor, Andrew Cuomo, the former Governor, has grabbed a narrow advantage over Zohran Mamdani, a State Assemblymember, on major betting sites. This shift points to a lively and hard-to-predict contest. Cuomo Edges Ahead in NYC Mayoral Odds After Mamdani’s Brief Lead Cuomo’s lead, […]
Poker
June 25, 2025
Poker Cheating Scandal at Houston Club Results in Lifetime Ban
A high-stakes poker game at JokerStars Social Club in Houston has become the focus of a scandal after players discovered a cheating scheme using RFID-equipped cards and a concealed card reader. The event, which happened during a private gathering last weekend, has triggered heated discussions in the local poker community and led to quick action […]
Industry
June 24, 2025
New Jersey Online Gaming and Betting Tax Hike on the Horizon
Experts believe that New Jersey would be the next state to raise its tax on iGaming as the state’s online casino and sportsbooks continue flourish. While the idea isn’t anything new, implementing such a tax hike could end New Jersey’s reputation as a gambling-friendly state. Truist Securities Believes NJ Would Adopt a Higher Tax The […]
Casino
June 24, 2025
Hard Rock Las Vegas Responds to Cost-Cutting Criticisms About Guitar Hotel
According to recent leaks regarding the Hard Rock Las Vegas Guitar Hotel, it will now boast 675 rooms instead of the initially announced 596. This has sparked allegations that the company is cost-cutting and reducing the sizes of some rooms to make up for that number. Hard Rock has since then responded to the criticisms. […]
Industry
June 24, 2025
Tribes Back Maryland’s Regulator in Its Legal Battle with Kalshi
A growing number of tribes is taking a stance in the legal battle surrounding Kalshi’s sports event contract offerings, this time in Maryland’s federal court. Several national and regional tribal organizations, representing twenty-seven federally recognized tribes, have filed an amicus brief opposing Kalshi’s court plea for a preliminary injunction against the Maryland Lottery and Gaming […]
Industry
June 24, 2025
Oklahoma Attorney General Rejects United Keetoowah Band Gaming Compact
Oklahoma Attorney General Gentner Drummond states that the Class III gaming compact submitted by the United Keetoowah Band (UKB) of Cherokee Indians to the US Department of the Interior (DOI) for federal approval is not legally valid. Oklahoma Attorney General Gentner Drummond Deems Gaming Compact Invalid In April, the United Keetoowah Band finalized and signed […]
