Articles

  • 3 days ago | ingame.com | Brett Smiley

    Call it part explanatory, part analysis, and part therapeutic. During an appearance this week on the Low Rollers podcast, Sports Betting Alliance (SBA) President Jeremy Kudon provided a behind-the-scenes look at how he and his clients, during the previous weekend, learned about the potential ratification of a novel new tax from Illinois lawmakers aimed primarily at squeezing more from SBA member companies FanDuel and DraftKings. If Gov.

  • 5 days ago | ingame.com | Brett Smiley

    On the heels of issuing a cease-and-desist order to Kalshi on May 21, Arizona’s gaming regulator on Monday filed a letter with the Commodity Futures Trading Commission (CFTC) outlining its objections to Kalshi and fellow Designated Contracts Markets’ (DCM) allowance of sports-related event contracts in the state.

  • 2 weeks ago | ingame.com | Brett Smiley

    Add another cease-and-desist order to the wall for Kalshi, Robinhood, and Crypto.com — entities operating prediction markets nationwide — continuing to put the companies at odds with gaming regulators who accuse them of illegally circumventing their rules, regulations, and tax structures.

  • 2 weeks ago | ingame.com | Brett Smiley

    One month after the abrupt cancellation of a highly-anticipated roundtable discussion between the Commodity Futures Trading Commission (CFTC) and a collection of gaming and gaming-adjacent stakeholders, it’s game back on, at least between certain tribal interests and the federal agency that oversees futures and derivatives trading in the U.S. According to multiple sources, a senior representative for the CFTC sent a letter earlier this month to certain tribal groups inviting them to...

  • 3 weeks ago | ingame.com | Brett Smiley

    The latest volley in matter of the Kalshi versus state-level gaming regulators brings us to Maryland, where on Friday evening, attorneys for the Maryland Lottery and Gaming Control Commission (MLGCC) filed its opposition to Kalshi’s motion for a preliminary injunction.

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