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FanDuel and DraftKings have asked a Philadelphia court to throw out a lawsuit from two bettors who allege the operators’ mobile sportsbook products and microbetting features contributed to gambling addiction.
Batavia Downs Gaming and Western Regional Off-Track Betting leaders say a new strategic planning effort is meant to align the board and management around growth priorities for the next three to five years.
A new industry commentary argues prediction markets are still overwhelmingly associated with sports gambling, despite growing publicity around business hedging examples such as a New York City bar using Kalshi during the NBA Finals.
New Jersey lawmakers say they plan to revive legislation that would ban microbetting, a fast-paced form of live sports wagering that critics say can worsen problem gambling.
Kalshi said the World Cup brought major customer growth and trading volume, but the prediction-market operator is still facing legal pressure in New York and other states.
Aristocrat says its Lightning Link slot franchise is moving online in North America, starting with Lightning Link High Stakes across regulated U.S. and Canadian markets.
