Prediction market companies like Polymarket, Novig, and Kalshi are securing partnerships with major New York sports teams and venues, including the Yankees, Rangers, Mets, and Madison Square Garden. These deals are occurring despite an ongoing aggressive crackdown by New York State on sports event contracts, highlighting a significant legal and regulatory conflict.
Summary based on reporting by Casino Beats, which retains all rights to its text and images.
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Pennsylvania authorities are reporting widespread compliance following a statewide crackdown on unauthorized skill games. State Police have inspected more than 12,200 establishments since October 14, identifying non-compliant devices in only 68 locations. Enforcement operations against illegal gambling machines remain active throughout the commonwealth.
A new survey indicates that the proportion of 11 to 17-year-olds in Great Britain gambling with their own money has decreased to 26%, with few accessing age-restricted products. Despite the drop, advertising recall remains elevated, with 89% of respondents remembering gambling ads. The survey and its findings have drawn scrutiny and renewed debate ahead of Safer Gambling Week.
A crackdown on skill games in Pennsylvania has highlighted growing regulatory concerns regarding the emergence of sweepstakes machines across the state. Authorities noted that while traditional skill-based devices are being removed, some operators and manufacturers are shifting toward sweepstakes alternatives.
The U.S. House Subcommittee on Higher Education and Workforce Development held a congressional hearing to address the growing prevalence of sports betting among college students. Lawmakers and industry experts scrutinized the role of mobile betting apps, targeted advertising toward young demographics, and rising rates of underage and problem gambling. The session highlighted increasing federal oversight on the collegiate wagering environment.
U.S. Representative Ro Khanna has urged federal lawmakers to ban sports prediction markets, characterizing them as sports wagering platforms disguised as financial exchanges. Khanna argued that these operators circumvent state and tribal gambling regulations, evade local taxes, and undermine consumer protections. He called for federal intervention to address consumer exposure and gambling addiction concerns.