Kalshi Faces Legal Battle Over Alleged Unlicensed Sports Betting Practices

Kalshi, a prominent prediction market platform, is facing a significant legal challenge in the form of a class action lawsuit. The suit, filed in the Southern District of New York, accuses the company of operat...

Underdog Bows Out of Missouri Sports Betting Launch: Eight Remain

Missouri’s entry into the legal sports betting scene will begin on December 1, but one notable sportsbook, Underdog, will not be joining the launch. The company withdrew its application for an operating license...

UK Finalises Major Gambling Tax Overhaul Following OBR Budget Leak

The UK gambling sector is preparing for the most dramatic reshaping of its tax environment in years after official documents released in error confirmed sweeping increases affecting online casinos and sports be...

Rivers Enterprise Finalizes $991M Recapitalization of Pittsburgh Casino

Rivers Casino Pittsburgh in Pennsylvania has undergone a major ownership transition, with Rush Street Gaming’s affiliated entity Rivers Enterprise Borrower, LLC now assuming complete control of the property. Th...

German Probes Connect Calvin Ayre to Wirecard’s Third-Party Money Flows

The fallout from Wirecard’s collapse continues to widen, with new reporting from Bayerischer Rundfunk (BR) and Tagesschau indicating that hundreds of millions of euros routed through Wirecard Bank’s so-called t...