Although the Badger State is without legalized mobile sports betting, a small step has been taken in the legislature to advance that cause. Senate Bill 592 was introduced to give Native American tribes exclusive control of the mobile sports betting industry should it become legal. Florida Blueprint Only Florida has granted Native American tribes a
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The latest legal drama is unfolding against the prediction futures market platform, Kalshi, and this time it originates from the heaviest hitter in the online sports betting market, New York. Stop Spreading the Ruse New York-based Kalshi, a financial exchange and prediction market operating throughout the United States, has been the target of several cease-and-desist
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Mobile gaming may be coming to the United Arab Emirates, as the UAE’s General Commercial Gaming Regulatory Authority (GCGRA) has announced its digital gaming footprint will follow the one already in place for any land-based operations throughout its seven emirates. Digital Sports Betting in the UAE A decision to award one mobile gaming license per
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Crypto.com, a futures market trading platform, sought a preliminary injunction to prohibit Nevada gaming regulators from enforcing Nevada law against its sports event contracts. However, that attempt did not pass legal muster, and Crypto.com has advised the Board that it will stop taking contracts in the Silver State. Legal Setback Futures market trading firms like
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Boston-based DraftKings has announced that it will wade into the prediction market industry by the end of the year through its acquisition of Railbird Exchange. Switching Sides The prediction market platforms like Kashi and Polymarket have caused consternation among sports gaming regulators and the sports betting platforms that operate within those states. But after several
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