Tag: massachusetts
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Red Sox Partner With Kalshi While Massachusetts Says It’s Illegal
The Boston Red Sox are promoting Kalshi even as Massachusetts considers the prediction market’s sports wagering business unlawful. On Friday, the Red Sox featured Kalshi as the presenting sponsor of the team’s official lineup on social media. The team also sent a marketing email to fans encouraging recipients to bet on sporting events through Kalshi.…
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New MA Online Lottery Dangerous For Kids, Reform Group Says
A national gambling-reform group is urging Massachusetts Treasurer Deborah Goldberg to intervene over online lottery games that it says normalize gambling among youth. In an Aug. 17 letter, Stop Predatory Gambling National Director Les Bernal urged Goldberg, who chairs the Massachusetts State Lottery Commission, to order changes to the state’s online platform, which launched in…
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Harvard Sells Entire FanDuel Parent Stake, Filing Shows
Harvard University’s endowment manager no longer reports a direct ownership stake in Flutter Entertainment, the Irish parent company of the U.S. gambling brand FanDuel. Harvard Management Company’s latest public SEC filing shows that it has exited its Flutter position. Its Q1 2026 Form 13F showed 80,341 Flutter shares worth about $8.19 million as of March…
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DraftKings Finally Being Sued Over ‘Predictions’ Product
Over the last week, at least three lawsuits were filed against DraftKings related to its so-called “sports event contracts” on its prediction market. Two were filed in federal court in Massachusetts, where DraftKings is based. – Chan v. DraftKings Inc. et al – Gordon et al v. DraftKings Inc. et al Another was filed in…
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Lawsuit Secures Researcher Access To MA Casino Data
The Massachusetts-based Public Health Advocacy Institute has scored a significant gambling-related victory for state residents. On July 23, the PHAI announced that it “resolved” a 2024 lawsuit against state gambling regulators involving a statutory requirement to share certain behavioral data with academic researchers. The lawsuit sought to compel the Massachusetts Gaming Commission to collect behavioral…
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