Sports Betting News 3 Dfs Operators Face Illegal Sports Betting Lawsuit In Massachusetts
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Market Company Kalshi Faces New Class Action Over Sports Betting Claims
A group of customers has filed a lawsuit against Kalshi Inc., claiming the prediction market illegally operates as a sports bookmaker and deceives users about how it conducts business. Seven users ... Read More
Ross Gerber Says Prediction Markets Are Just 'Illegal' Sports Betting Operations As Kalshi Faces Increased Legal Heat
Renowned investor Ross Gerber likened prediction markets to "illegal sports betting" on Wednesday, December 3, amid a legal crackdown on such platforms. Read More
Kalshi's legal disputes intensify with nationwide class action alleging illegal sports betting
Kalshi operates as a designated contract market (DCM) regulated by the Commodity Futures Trading Commission (CFTC). The company maintains that its “trading” activity is within the federal commodities ... Read More
East Hanover Man Among 14 Charged in Illegal Multimillion-Dollar Sports Betting Ring Tied to Organized Crime
TRENTON – An East Hanover resident is among 14 people charged in what authorities describe as a multimillion-dollar illegal sports betting ring allegedly operated by a member of the Lucchese crime ... Read More
Chris Christie: Keep Sports Betting Legal
Mr. Christie served as governor of New Jersey from 2010 to 2018. After leaving office, he served as an adviser to DraftKings until 2021. When Major League Baseball and its sportsbook partners unveiled ... Read More
DraftKings Named Official Sports Betting, DFS Operator of St. Louis Blues
The NHL's St. Louis Blues and DraftKings are partnering up as Missouri prepares for the launch of legal sports betting on Dec. 1. Read More
Missouri launches sports betting as recent scandals shine a spotlight on the growing industry
JEFFERSON CITY, Mo. -- As Missouri launches sports betting Monday, people will be able to wager on how many points a particular athlete will score in a game — so long as it doesn't involve a Missouri ... Read More
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