Regulatory

    AI chatbots drive black-market betting

    A recent Dutch study found that all 10 AI assistants tested identified at least one unlicensed betting operator, with some presenting illegal brands as licensed. This follows a UK investigation that also observed chatbots directing users to offshore gambling sites, highlighting a potential link between AI and black-market betting.

    BreakingRegulatory

    NYSGC moves to restrict AI use in sports betting promotions and wagering recommendations

    NYSGC moves to restrict AI use in sports betting promotions and wagering recommendations

    The New York State Gaming Commission (NYSGC) has advanced a plan to restrict mobile sports betting operators from using AI to customize promotions and wagering recommendations. This measure aims to protect consumers, with commissioners voting unanimously to move the revised proposal forward. The proposal sets specific limits on AI deployment in these areas.

    States Review Sportsbook Draft Bets, But Not Kalshi’s 598,464 Contracts on Cardinals’ Pick

    States Review Sportsbook Draft Bets, But Not Kalshi’s 598,464 Contracts on Cardinals’ Pick

    Kalshi, a federally regulated prediction market, saw significant trading activity on contracts related to the 2026 NFL draft. Customers traded 598,464 contracts on Jeremiyah Love being the third overall pick, highlighting the volume of activity on such platforms. This occurs as states review sportsbook draft bets, though Kalshi's offerings are distinct from traditional sportsbooks.