Arizona regulators have initiated formal steps that could end Underdog’s authorization to operate daily fantasy sports contests in the state, marking a first-of-its-kind enforcement action tied to prediction markets. The Arizona Department of Gaming (ADG) notified the company on Dec. 5 that it intends to revoke Underdog’s fantasy sports contest operator license, citing the operator’s business relationship with Crypto.com and the...
A high-profile legal battle has begun in Australia’s Federal Court, where former financial planner Gavin Fineff is seeking to compel three major betting companies to return millions of dollars he stole and subsequently gambled. The action, described by legal experts as unprecedented, names Sportsbet, Tabcorp and Entain, the parent company of Ladbrokes. Court filings argue that these operators encouraged him...
Swintt has launched its latest seasonal game, Candyman Santa, introducing a winter-themed online slot built around tumbling reels, a broad betting range, and a “pay anywhere” system. Designed on a 6×5 grid, the release replaces line-based wins with a mechanic that rewards players when at least eight matching symbols appear on the board at the close of a spin. Once...
The Sports Betting Alliance (SBA) is entering a new phase of leadership as Joe Maloney steps in as president and CEO. Maloney, who previously served as Senior Vice President of Strategic Communications at the American Gaming Association (AGA), brings years of experience across sports, gaming, and technology. The transition accompanies an important moment for the SBA, which represents major online...
Underdog will wind down its North Carolina sportsbook next week, ending its only active sports betting operation in the United States. The company notified users that sports wagering access will stop at 11:59 p.m. on Dec. 16, a decision state regulators confirmed during a recent meeting. North Carolina’s Regulated Gaming Committee said Underdog had first contacted them “back before Thanksgiving”...
Boyd Gaming has formally presented plans to replace the Par-A-Dice Casino in East Peoria, Illinois, with a larger, modernized facility, outlining a $160 million project that would remain on the east side of the Illinois River while attempting to comply with long-standing legal constraints. The proposal was introduced Thursday, December 11, during a presentation to the Illinois Gaming Board, marking the...
Kalshi and Crypto.com have joined forces with several major technology and trading platforms to establish a new industry group aimed at representing prediction market operators at a national level. The Coalition for Prediction Markets (CPM) brings together firms active in trading outcome-based contracts tied to events across politics, sports, economics, and entertainment, at a time when regulatory scrutiny and investor interest in...
India’s online gaming industry remains in legal limbo after the Supreme Court signaled that challenges to the country’s real-money gaming ban will not be taken up until January 2026. The delay follows pleas from gaming operators seeking urgent judicial review of a law that has effectively halted operations across the sector. Law passed amid concerns over social and financial harm On...
Superbet Group has formally introduced a new corporate identity, announcing that it will operate under the name Super Technologies, with the shortened brand Super serving as its public-facing identity. The change reflects a shift in how the company defines itself, moving from a business best known for sports betting and gaming operations toward a broader role in technology and digital entertainment....
President Donald Trump has indicated he may examine whether gambling winnings should continue to be taxed at the federal level, adding a new point of discussion to broader conversations surrounding U.S. tax policy. His remarks surfaced as lawmakers, industry figures, and regulators evaluate existing IRS rules, upcoming changes to loss deductions, and the fiscal implications tied to gaming activity across the country....