Connecticut Orders Polymarket, Robinhood to Stop Sports Bets
Connecticut hit Polymarket, Robinhood, Coinbase and six other prediction markets with cease-and-desist orders and subpoenaed 29 payment, data and media firms.
Connecticut hit Polymarket, Robinhood, Coinbase and six other prediction markets with cease-and-desist orders and subpoenaed 29 payment, data and media firms.
ROGA's Marketing and Advertising Code now binds bet365, BetMGM, DraftKings, FanDuel and five other US sportsbooks, plus their affiliates and influencers.
The Ninth Circuit ruled Kalshi's sports contracts aren't federally exempt swaps, backing Nevada's power to bar them and splitting from the Third Circuit.
Grandstand's Rollcard is a Visa debit card with $1 million daily limits and FDIC-insured deposits for high-volume sports, casino and prediction market players.
Lawmakers gave FanDuel CEO Christian Genetski until Aug. 24 to answer questions on its VIP program after a bettor lost $1.5M and got a Bryce Harper video.
Catena Media cut five roles in technology, marketing and regional sites teams, its latest reduction after cutting 50 staff, a quarter of headcount, in 2025.
Kalshi faces $120,000-a-day fines in Nevada and $500,000-a-day fines in Michigan this week over missed geofencing deadlines for its prediction markets.