Soft Opening Planned for Happy Valley Casino in PA on April 24 & 25
Happy Valley Casino will open its doors to the public for a limited preview later this month, giving visitors an early look at the long-awaited gaming venue inside the Nittany Mall in State College, Pennsylvania. The preview, referred to as “test days,” is scheduled for April 24 and April 25, with operating hours set from […]
DraftKings Alberta Launch Faces Pre-Registration Phase
The Boston-based operator confirmed that its sportsbook and iGaming offerings are expected to go live in Alberta once regulatory approval is granted by provincial authorities. While users in the province can already create accounts through pre-registration, they will not be able to deposit funds or place wagers until the official launch date. Entry Into Alberta’s […]
CFTC Chair Faces Congress Over Insider Trading and Markets
Commodity Futures Trading Commission (CFTC) Chair Michael Selig appeared before the House Agriculture Committee on Thursday, where lawmakers pressed him on insider trading concerns, the rise of prediction markets, and whether new financial products are being used in ways that blur the line between regulated trading and gambling-style activity. The hearing also placed a spotlight […]
Kentucky Lawmakers Override Veto on Betting Bill
Kentucky’s legislature has moved forward with sweeping changes to the state’s gambling framework after overriding a veto from Governor Andy Beshear, setting the stage for a major shift in how betting operates across the state. Lawmakers in both chambers acted decisively, securing enough votes to bypass the governor’s objections and ensure House Bill 904 becomes […]
Rahm Emanuel Proposes 10% Tax on Online Betting Industry
Former Chicago Mayor Rahm Emanuel has introduced a proposal to impose a federal tax on online gambling and prediction markets, outlining the plan as part of a broader policy agenda while weighing a potential run for president in 2028. The proposal would apply a 10% transaction tax to wagers placed through licensed online sportsbooks, digital […]
Reno Proposal Pairs Soccer Stadium With Casino Plan
A proposed development in Reno would combine a professional soccer stadium with a hotel, casino, retail, dining and entertainment space on nearly 28 acres near Kietzke Lane and Peckham Lane. Project materials filed with the city outline a mixed-use district called The Boulevard Reno, tied to Reno Pro Soccer’s future United Soccer League Championship team. […]
BetMGM Lowers 2026 Outlook After Tough Start to Year
BetMGM has revised its financial expectations for 2026 after a first quarter shaped by strong bettor performance and intensifying competition in the U.S. online gambling market. The operator, jointly owned by Entain and MGM Resorts, reported modest growth in early 2026 but acknowledged pressures affecting its sports betting segment. The company now projects annual revenue […]
US Sports Betting Use Rises as Concerns Also Grow
Online sports betting continues to expand across the United States, with new survey data showing a growing share of Americans participating even as concerns about its broader effects intensify. A study conducted by the Siena Research Institute in partnership with St. Bonaventure University’s Jandoli School of Communication found that 27% of Americans now hold an […]
Prediction Markets Hit Record Week on Masters Surge
Prediction market platforms posted their strongest recorded week during April 6–11, with sports, politics and geopolitical trading pushing combined volume to new highs. Activity surged around the Masters Tournament, U.S. election-related markets and international events, led by Kalshi and Polymarket. Tracked data showed Kalshi reached an all-time weekly best of $3.54 billion in notional volume, […]
Judge Halts Arizona Case Against Kalshi After CFTC Move
A federal judge has temporarily stopped Arizona from pursuing criminal charges against prediction market operator Kalshi, following intervention by the Commodity Futures Trading Commission (CFTC). The ruling marks a significant development in an ongoing dispute over whether states can regulate platforms offering event-based financial contracts. The decision came after a hearing before U.S. District Judge […]