Connecticut Sues Kalshi Over Sports Wagers
The state wants to bar the prediction-market platform from offering unlicensed event contracts after an earlier injunction fight failed.
The state wants to bar the prediction-market platform from offering unlicensed event contracts after an earlier injunction fight failed.
The ruling adds to a patchwork of court outcomes as states test whether the exchange’s products are derivatives or gambling.
Michigan topped $300 million for a fourth straight month, while New Jersey’s online casino win outpaced Atlantic City casinos
The chatbot folds research, bet-building and safeguards into the Sportsbook app.
As the Connecticut Lottery Corporation (CLC) moves forward with building a sportsbook at Total Mortgage Arena in Bridgeport, it still hasn’t announced a new partner operator for sports betting.
A spokesperson for the Department of Justice (DOJ) told regulators in CO, IL, LA, MI, MS, NV, & NJ that it “has undertaken, and continues to pursue, investigations into illegal gaming.”
Penn Entertainment’s CEO says the operator and ESPN both want their new sportsbook to be available for customers in both states.
The CLC wants its next partner operator to launch DFS within a year of offering sports betting. But it will have to pick from a short list of sports-only operators.
RSI’s SugarHouse brand will only be live in Pennsylvania for casino and sports betting. It also means the Connecticut Lottery Corporation (CLC) needs a new partner.
Data from the Connecticut Department of Consumer Protection (CDCP) suggest CT sports betting handle could total nearly $1.4 billion by year’s end.
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