Arizona has asked a federal court to slow proceedings in its lawsuit against prediction market operator Kalshi, pointing to an expected Ninth Circuit ruling that could influence how event-based financial contracts are regulated. The state argues the appellate decision …
The post Arizona Moves to Delay Kalshi Case Amid Federal Court Uncertainty first appeared on RealMoneyAction.com.
Maryland lawmakers ended their latest legislative session without approving a prohibition on sweepstakes platforms, leaving operators active in the state as regulatory efforts continue elsewhere.
Despite earlier momentum in the House, the proposal failed to receive a Senate vote …
The post Maryland Ends Session Without Sweepstakes Ban first appeared on RealMoneyAction.com.
Online sports betting is reaching more Americans, with new survey data showing continued growth in participation alongside concerns about gambling-related harm. More people are opening accounts and placing wagers, while reports of risky behavior have also increased.
The survey found …
The post US Sports Betting Rises As Concerns Over Risks Grow first appeared on RealMoneyAction.com.
Singapore has reported continued activity linked to prediction markets despite a formal ban introduced in December 2024. Authorities classified Polymarket as an unregulated gambling platform and warned that accessing it would breach rules set by the Gambling Regulatory Authority.
Users …
The post Singapore Flags Rise In Illegal Prediction Wagers first appeared on RealMoneyAction.com.
Pressure is increasing on Mexican authorities to move forward with long-anticipated gambling reforms, as industry participants warn that continued delays could limit the sector’s progress. Calls for clarity have intensified, particularly as the country prepares to co-host the 2026 …
The post Mexico Gambling Reform Delays Raise Industry Concerns first appeared on RealMoneyAction.com.
An Ohio proposal to increase taxes on sports betting has sparked debate among lawmakers, with supporters citing new funding and critics questioning its impact on bettors and revenue.
State Sen. Bill Blessing, R-Colerain Township, introduced SB 199, which would …
The post Will Ohio Increase Sports Betting Taxes? first appeared on RealMoneyAction.com.
Pennsylvania’s gaming sector recorded $602.4 million in total revenue for March, reflecting a 4.9% increase compared with the same period last year. The latest figures show continued expansion across several segments, with sports betting delivering the strongest …
The post Pennsylvania Gaming Revenue Hits $602M in March first appeared on RealMoneyAction.com.
As US officials prepared a mission to recover a downed airman after an Iranian attack, activity on a prediction market drew scrutiny for a different reason: users were wagering on the timing of the rescue.
On Polymarket, participants assigned …
The post US Lawmakers Step Up Scrutiny of Prediction Markets first appeared on RealMoneyAction.com.
Nevada regulators are preparing to review two high-profile cases involving the state’s list of excluded persons, commonly known as the Black Book. The Nevada Gaming Commission is set to consider whether to add a convicted bookmaker while also examining …
The post Nevada Gaming Commission Reviews Black Book Cases first appeared on RealMoneyAction.com.
A lawsuit filed in New York accuses sweepstakes operator Stake of enabling underage gambling while using cryptocurrency systems to support activity. The case claims the company’s offshore structure allowed continued access for US users, including minors.
Filed under a …
The post New York Lawsuit Targets Stake And Coinbase Role first appeared on RealMoneyAction.com.