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Churchill Downs Incorporated is exploring a sale of Presque Isle Downs in Pennsylvania, with Macquarie Capital assisting on a broader nine-property review that also includes del Lago in New York.
New York has filed a major lawsuit against Kalshi, alleging its sports prediction markets amount to unlicensed gambling and seeking $36 billion in damages. The case lands as the NFL pushes federal regulators for stricter integrity and age rules.
ProphetX said the new funding will support product development, liquidity, and B2B partnerships as it expands its federally regulated prediction markets business.
Terry Rozier has asked a federal judge in New York to dismiss two of the four charges he faces in an alleged sports gambling scheme, while also seeking to move the case to Florida.
Faithful Departed returns to Saratoga as one of the top contenders for Friday’s Grade 2 Fasig-Tipton Saratoga Oaks, while Chad Brown brings a three-horse entry that includes Aqueduct maiden winner Consensus View.
New York officials are suing Kalshi, alleging the prediction market offered unlicensed gambling in the state and allowed users under 21 to participate.
