Casino Beats

    Why 'Responsible Gambling' is Failing & What Evidence Says Should Replace It

    This article challenges the effectiveness of current responsible gambling (RG) advertising strategies, despite significant investment from major operators like FanDuel and DraftKings and UK industry commitments. It suggests that current approaches may be failing and implies a need for evidence-based alternatives to improve player safety outcomes. This highlights a critical and evolving discussion within the industry regarding player protection.

    DraftKings and FanDuel Turn Up Heat on Kalshi: ‘Live in All 50 States’

    DraftKings and FanDuel are intensifying their challenge against Kalshi, a prediction market platform that advertises itself as offering 'legal sports betting in all 50 states' despite operating outside traditional sports betting regulations. The dispute highlights the evolving landscape of event wagering and the legal distinctions between betting and prediction markets, drawing attention from major industry players.

    New Jersey Councilman Anand Shah Admits Running Illegal Gambling Operation With Mafia Crime Family

    New Jersey Councilman Anand Shah has pleaded guilty to racketeering, money laundering, and official misconduct for operating an illegal sportsbook and poker games. These operations were run in conjunction with members of the Lucchese crime family. Shah's admission comes 18 months after his initial arrest, during which he had denied the charges and won re-election.

    How Kalshi Can Use Ninth Circuit Ruling to Help Its Cause, According to Law Professor Melinda Roth

    The Ninth Circuit Court of Appeals ruled against Kalshi, stating its sports markets are not exempt from state sports betting laws. Despite this setback, a law professor suggests there are elements within the unanimous judgment that could still be leveraged positively by the operator. This decision impacts the regulatory landscape for prediction markets and their intersection with sports betting legislation.

    BreakingRegulatory

    New Jersey Petitions Supreme Court to Hear Sports Prediction Market Case Following Circuit Split

    New Jersey Petitions Supreme Court to Hear Sports Prediction Market Case Following Circuit Split

    New Jersey has petitioned the Supreme Court to determine if sports prediction markets are exempt from state gambling laws, appealing a Third Circuit ruling that favored Kalshi. This move follows a circuit split, as the Ninth Circuit previously issued a conflicting decision on similar matters. The Supreme Court's decision could significantly impact the legal status and regulation of prediction markets nationwide.