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3 weeks 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.
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3 weeks 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.
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1 month 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.
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1 month 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...
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1 month 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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1 month ago | 
ingame.com | Brett Smiley
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One week ago, the Commodity Futures Trading Commission was expected to hold a public roundtable discussion to “develop a robust administrative record with studies, data, expert reports, and public input from a wide variety of stakeholder groups to inform the Commission’s approach to regulation and oversight of prediction markets, including sports-related event contracts.”It was widely reported in advance that the highly anticipated roundtable was canceled.
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2 months ago | 
providencejournal.com | Brett Smiley
The Providence Equity Fund, supported by the United Way of Rhode Island, awarded $1.5 million to organizations addressing equity gaps. The Providence Revolving Fund, a recipient of the grant, focuses on preserving historic buildings while supporting community needs like affordable housing. Amid rising housing costs, overwhelming economic pressures and an ever-growing sense of uncertainty, it has never been clearer that the work of local government is more important than ever before.
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Mar 21, 2025 | 
casinoreports.com | Eric Raskin |Chris Altruda |Jeff Edelstein |Brett Smiley
Industry Plus: Sportradar gets IMG Arena, ‘Vegas Matt’ gets profiled, BetMGM slots players get rich Welcome to “Spin Cycle,” Casino Reports’ weekly Friday roundup of all things impactful, intriguing, impressive, or idiotic in the gambling industry.
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Mar 19, 2025 | 
lotterygeeks.com | Brett Smiley |Matthew Bain
Analysis ‘Everyday Americans buy lottery tickets with consistency because of the ability to purchase a dream’ In the Financial District of the financial capital of the world last week, CEO of lottery courier Jackpot.com Akshay Khanna took the stage for the discussion “Predictions 2026” alongside fellow gambling industry chief executives to kick around top-of-mind issues today and also peer into the crystal ball.
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Feb 28, 2025 | 
casinoreports.com | Eric Raskin |Brett Smiley |John Brennan |Matthew Bain
Industry Plus: Caesars and Rush Street earnings, a poker player flips out, social media, hyperlinks, and more Welcome to “Spin Cycle,” Casino Reports’ weekly Friday roundup of all things impactful, intriguing, impressive, or idiotic in the gambling industry. Pull up a chair, grab a stack of chips and a glass of your beverage of choice, and take a spin with us through this week’s news cycle …It’s been a truly wild last 10 days in the world of Texas Lottery.
