Oklahoma Passes Sweeps Casino Ban Bill SB 1589, Heads to Governor
Oklahoma’s Senate Bill 1589 marks a pivotal escalation in the nationwide crackdown on sweepstakes casinos, directly targeting dual-currency payment systems and expanding liability across the gaming ecosystem. Driven by tribal-state tensions and a push to protect regulated gaming frameworks, the legislation signals a broader shift as multiple states move to close perceived loopholes in online gambling models.
Gambling Commission expects English council powers’ to make it into law
Gambling Commission expects English council powers ‘to make it into law
Prediction Markets and the Kentucky Derby: Why Kalshi and Polymarket Can’t Offer 2026 Derby Contracts
Prediction markets hit a wall this week with the Kentucky Derby. Both Kalshi and Polymarket pulled or never posted 2026 contracts for the 152nd running set to post Saturday at 6:57 p.m. ET. The absence stems from deliberate legal pressure by Churchill Downs Inc. under the Interstate Horseracing Act of 1978. This is not another state regulator fight. It is a federal framework built specifically to protect horse racing’s pari-mutuel system.
Kalshi Hearings, Q1 Earnings, Bills Hearings Lead the Gambling Stories to Watch This Week
**Kalshi faces two key court hearings this week.** On May 4 the Massachusetts Supreme Judicial Court hears oral arguments in the state’s case against the prediction market operator. Two days later on May 7 the United States Court of Appeals for the Fourth Circuit hears Kalshi’s appeal in Maryland. These cases sit at the heart of a larger fight over whether event contracts belong under state gambling statutes or federal CFTC jurisdiction.
Robinhood Posts Record Prediction Market Volume Despite Q1 Earnings Miss
Robinhood traded 8.8 billion event contracts in Q1 2026 with no single event spike driving the number. Here is what sustained volume, the Rothera JV, and revenue compression actually mean for prediction market operators.
View and Download The SCCG Managed Services Overview Deck and Brochure
ABOUT SCCG MANAGED SERVICES SCCG Managed Services (SCCGMS) provides tribal and commercial operators turnkey technology and operational support to develop their sports betting and iGaming offerings. SCCGMS provides the experience necessary to establish completely new offerings and capabilities, from talent to technology. Whether it’s an enhancement or extension of internal services, such as compliance and […]