Casino
May 6, 2026
Bessent Advises against Lottery Play, Encourages Long-Term Investing
US Treasury Secretary Scott Bessent is urging Americans, particularly younger workers, to reconsider their attitudes about money, cautioning that chasing short-term financial gains often leads to long-term setbacks rather than stability. Bessent Warns Against Lottery Habit As Financial Literacy Month comes to a close, Bessent stressed how habits like buying lottery tickets, taking out short-term […]
Casino
May 6, 2026
Washington D.C. May Legalize Online Casinos
Lawmakers in Washington, DC, are seriously considering whether to allow real-money online casino gaming, a marked change of tone from neighboring states that recently put the brakes on similar efforts. DC Lawmakers Debate Framework for Online Casino Legalization The city council this week hosted a public hearing where policymakers, industry representatives, and advocacy groups gathered […]
Prediction Markets
May 5, 2026
SEC Delays Approval of Prediction-Market ETFs
The US Securities and Exchange Commission (SEC) is investigating a new wave of financial products tied to real-world events. More than two dozen proposed Exchange-Traded Funds (ETFs), linked to outcomes ranging from election results to recession forecasts, were expected to move forward this week. Instead, the SEC has paused the launch, requiring additional details to […]
Prediction Markets
May 5, 2026
Warren Buffett Sounds Alarm over Prediction Market Boom
At the 2026 Berkshire Hathaway shareholder meeting, investor and philanthropist Warren Buffett sounded a warning about a fast-growing corner of the financial world. He was highly critical of prediction markets, platforms where users trade on the outcomes of real-world events. According to Buffet, such platforms blur the line between investing and gambling, threatening to undermine […]
Casino
May 5, 2026
Lumbee Tribe Moves Closer to I-95 Casino Project
The Lumbee Tribe of North Carolina has taken a major step toward developing a casino, after its governing body approved changes to the tribe’s constitution that would allow gaming activities on tribal land. The decision, backed by a 17-2 vote during a mid-April council meeting, sets the stage for a broader vote among tribal members, […]
Prediction Markets
May 5, 2026
Massachusetts Court Signals Support for Kalshi Betting Ban
Massachusetts’ highest court is leaning toward allowing state regulators to block sports-related trading offered by Kalshi, in a case that could reshape oversight of the fast-growing prediction markets industry. Kalshi Grilled in the Massachusetts High Court During a watched hearing, judges from the Massachusetts Supreme Judicial Court questioned whether the company’s products differ in a […]
Casino
May 5, 2026
Dolly Parton Cancels Las Vegas Shows Over Health Issues
Country music icon Dolly Parton has bad news for her fans who were hoping to see her perform during her upcoming Las Vegas residency. The “9 to 5“ singer shared a special video to say she needs more time to recover before getting back on the stage. “Responding Really Well to Meds” The 80-year-old told […]
Poker
May 5, 2026
Americas Cardroom Venom Tournaments Generate Over $10.2M Across NLH and PLO
Americas Cardroom has wrapped up its latest Venom tournaments, with more than $10.2 million awarded across its No-Limit Hold’em and Pot-Limit Omaha mystery bounty events, drawing a global field and delivering a series of high-value payouts. The $8 million guaranteed NLH Venom attracted 3,233 entries, building a prize pool of $8,082,500. Its PLO counterpart, carrying a […]
Industry
May 4, 2026
Spirit Airlines Comes Crashing Down After 34 Years in Business
Spirit Airlines, a disruptive low-cost airline that offered huge discounts to travelers, is abruptly closing shop due to various headwinds. Staff members and customers alike were alerted about this at the last moment, causing many difficulties for passengers. Spirit Airlines Commences Immediate Wind-Down of Its Operations Spirit Airlines, which has been in business for 34 […]
Legal
May 4, 2026
Kalshi Hit with Class-Action Lawsuit in Massachusetts
Leading prediction market platform Kalshi now faces another legal challenge in Massachusetts, where a bettor claims the company is operating in violation of state gambling law. The lawsuit, filed at Suffolk Superior Court, charges Kalshi with running an unlicensed sportsbook operation while presenting itself as a financial exchange. Kalshi Allegedly Lacks Critical Consumer Safeguards The […]
