Legal 5a1o6x

In a significant enforcement action, New York Attorney General Letitia James has issued cease-and-desist letters to 26 online sweepstakes casinos operating in the state. These platforms were offering slot-style games, table games, and even sports betting using virtual coins that could be redeemed for cash or prizes—a model that may violate New York’s strict gambling laws. With this, New York ed Connecticut, Louisiana and Montana who ed bills banning sweepstakes... 1f1c5e

Brian Quintenz, President Donald Trump's nominee to lead the Commodity Futures Trading Commission (CFTC), has formally committed to severing all financial and governance ties with prediction markets platform KalshiEx (Kalshi) should he be confirmed as Chairman. He noted that he holds with at least $3.4 million in assets in key industry groups. The move aims to quell potential conflict-of-interest concerns as Quintenz prepares to helm the agency regulating the very...

California, a state with ripe potential for sports betting, is witnessing an unprecedented collaboration between its tribes and major betting operators. Representatives from DraftKings and FanDuel have unveiled a plan to legalize sports betting by forming a collaborative tribal entity, promising shared revenues and minimal risks for the tribes. The Convergence of Interests in California During the recent Indian Gaming Tradeshow & Convention in San Diego, significant discussions took place...

The bookie who handled wagers from Shohei Ohtani's ex-interpreter is expected to cooperate with authorities before his 2025 sentencing.

A class-action lawsuit filed in Florida claims Hard Rock's first-bet promotion was misleading and in violation of consumer protection law.

Matthew Bowyer allegedly runs one of the nation's largest illegal bookmaking operations, and he's now pled guilty to three crimes.

Guilty plea leads to eight months behind bars and three years of supervised release after bungled college baseball bet.

The former NBA center may receive a prison sentence after itting guilt in his role of defrauding two commercial sportsbooks.

The former Raptors center could be the fifth co-conspirator to face federal charges in a brazen scheme to defraud a U.S. sportsbook.

The plaintiff has until July 29 to respond to DraftKings' motion to dismiss a case capturing the attention of the sports betting world.