Tag: new york
-
CFTC Declares ‘Emergency’ To Protect Kalshi Versus New York
The Commodity Futures Trading Commission invoked its “emergency authority” after New York’s lawsuit against prediction-market company Kalshi, escalating the federal government’s fight with states over sports betting. On Tuesday, the CFTC announced that it ordered KalshiEX to keep operating under federal derivatives law after Kalshi notified the agency of a “market emergency.” The claimed emergency…
-
An Ethical Hole In New York’s $36 Billion Kalshi Lawsuit
The State of New York filed a lawsuit against New York City-based Kalshi on Friday that could expose the company to at least $36 billion in claimed damages and other relief. The state, which sent the company a cease-and-desist letter in October, alleged that Kalshi is illegally operating a gambling platform. The massive amount could…
-
Fact Check: Did New Yorkers Really ‘Win’ $48m On Knicks?
New York-sanctioned sportsbooks reported a paper loss of $48.5 million for the week ending June 14, following the Knicks winning the NBA title. What does this really mean for consumers? Knicks fans bet heavily on their team and won many bets, resulting in the state’s sportsbooks paying out far more than they took from users…
-
New York Talks About Problem Gambling Like a Natural Disaster
Is gambling harm in a population something closer to a natural disaster than a political choice? New York appears to see it as the former. New York issued a press release announcing a plan to study gambling behaviors in the state for the next 10 years. Most states don’t do anything this long-term, so New…
-
Lawsuit Seeks To Block Metropolitan Park Casino In Queens
Opponents of the proposed Metropolitan Park casino in Queens have filed a lawsuit to overturn the New York license issued for the project. The lawsuit says that state regulators approved the development despite an unfair public process and unresolved integrity concerns involving the applicants. Opponents filed the lawsuit on March 20 in the New York…
Help Guides
Stay Connected
Categories
Advertising Help Guides History International Interviews Law Legislation Lottery News Opinion Prediction Markets Reviews Slots Studies
Tags
ai arizona australia basketball betmgm brazil caesars california canada cnn crypto draftkings fanduel florida illinois iowa kalshi kentucky las vegas massachusetts michigan mlb nba ncaa ncpg nevada new jersey new york nfl offshore online casinos ontario parlays pennsylvania polymarket props south carolina stake super bowl sweepstakes casinos texas trump virginia wnba world cup
Search the Archives
Access our journalism and breaking reports
