DraftKings Makes Third Round of Job Cuts This Year, Polymarket Also Trims
TLDR Polymarket appears to have confirmed layoffs, but the cuts were smaller than the 30% figure rumored online. Some believe the prediction market […]
Offshore Bookmakers Lose Ground in Australia as Melbourne Cup Lifts Licensed Brands
TLDR Australian betting brand demand rose 34% week-on-week from November 2 to 8, according to Blask. Licensed brands gained 50% during the week, […]
Prediction Markets Offer Illegal Sports Bets, Massachusetts Regulator Tells Congress
TLDR Massachusetts’ top gaming regulator called prediction market sports contracts “sports wagers by another name.” He backed the state attorney general’s lawsuit against […]
Bulgaria Takes Second Shot at Gambling Ad Ban After July Defeat in Parliament
TLDR Bulgaria’s cabinet approved a draft bill on November 11 banning gambling ads across all media. Online operators would pay a monthly state […]
Polymarket Hires Wall Street and Big Tech Executives as It Cuts Contractors Before IPO
TLDR Polymarket confirmed layoffs of some full-time staff and many contractors, mostly in marketing. A source called viral claims of a 30% workforce […]
Judge Says CFTC’s Kalshi Emergency Order Looks Like Collusion in Novig Case
TLDR A federal judge denied Novig’s request to block New York from applying its gambling laws. Judge Colleen McMahon said Novig’s sports contracts […]
Eight Wisconsin Tribes Join Court Fight Over Online Sports Betting Law
TLDR Eight Native American tribes have joined a lawsuit over Wisconsin’s new online sports betting law. A Waukesha County judge approved their requests […]
FanDuel VIP Host Kept Sending Bonus Bets to Jontay Porter During Ping-Pong Binge
TLDR Banned NBA player Jontay Porter wagered more than $50 million at FanDuel over about 18 months, according to The New Yorker. A […]
Texas Bill Proposes 10 Casinos and a 15% Tax Cap Ahead of 2027 Session
TLDR Texas Rep. Charlie Geren filed House Joint Resolution 52 to let voters decide on casinos and sports betting. The resolution would cap […]
Italy Expects €66 Million From Esports Halls, Double What the Sector Is Worth
TLDR Italy’s 2027 budget bill would put esports LAN gaming halls under gambling regulator ADM. The government projects more than €66 million ($74 […]