In her final public remarks before departing the Commodity Futures Trading Commission (CFTC), Commissioner Kristin N. Johnson delivered a sharp critique of the agency’s handling of prediction markets, calling for immediate regulatory reforms to protect retail investors.
Speaking at …
The post CFTC’s Johnson Urges Tighter Oversight as Prediction Markets Expand first appeared on RealMoneyAction.com.
Robinhood and FanDuel are taking a bold step into an emerging financial product that fuses sports betting with market speculation: event contracts.
In August, Robinhood introduced event contracts for college and professional football. FanDuel followed with plans to offer …
The post Robinhood and FanDuel Blur Lines Between Trading and Betting with Event Contracts first appeared on RealMoneyAction.com.
The Michigan Gaming Control Board (MGCB) has secured a prestigious 2025 Platinum dotCOMM Award for its creative digital campaign promoting responsible gambling. The recognition was given for the “Mini Me” video, which was honored in the Social Media Marketing …
The post Michigan Gaming Board Earns Top Honor for Youth-Focused Gambling Ad first appeared on RealMoneyAction.com.
California lawmakers have once again revised AB 831 — a controversial bill targeting online sweepstakes gambling—to clarify its scope ahead of a key Senate vote. On September 3, the bill was amended for the second time since being significantly …
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Virgin Hotels Las Vegas is shaking up its sportsbook operation with a new partnership that puts William Hill Nevada – the state’s largest sports betting operator—at the helm. The collaboration, pending regulatory approval, will bring a revamped retail experience and …
The post Virgin Hotels Las Vegas Picks William Hill to Lead Sportsbook Overhaul first appeared on RealMoneyAction.com.
The Superior Court of California has struck down four motions filed by High 5 Entertainment, deepening legal challenges faced by the company over its sweepstakes-based gaming platform. This marks a significant setback for High 5, as the court questioned …
The post California Court Rejects High 5 Entertainment’s Motions in Sweepstakes Dispute first appeared on RealMoneyAction.com.
Polymarket, the prominent online prediction betting platform, has been granted regulatory approval to relaunch in the United States, according to CEO Shayne Coplan. This green light from the Commodity Futures Trading Commission (CFTC) ends the company’s three-year …
The post Polymarket Receives CFTC Approval to Restart U.S. Operations first appeared on RealMoneyAction.com.
The Michigan Gaming Control Board (MGCB) has directed Betty Wins, Orbit Spins, Pacific Spins Casino, and Yabby Casino—all operated by offshore company Tech Zone, Inc., registered in the Union of Comoros—to immediately stop offering online …
The post Unlicensed Offshore Casinos Face MGCB Crackdown in Michigan first appeared on RealMoneyAction.com.
In a significant move to bolster responsible gaming practices across the U.S. online betting sector, the Responsible Online Gaming Association (ROGA) has announced a partnership with the Responsible Gambling Council (RGC) to launch a new certification program. The initiative is …
The post ROGA Taps RGC to Build New Responsible Gaming Certification for U.S. Operators first appeared on RealMoneyAction.com.
In a move that underscores growing unease within the U.S. sweepstakes landscape, Pragmatic Play has chosen to withdraw its content from the vertical altogether. The prominent game provider confirmed it will no longer license its titles to sweepstakes …
The post Pragmatic Play Retreats from U.S. Sweepstakes Scene as Legal Pressures Mount first appeared on RealMoneyAction.com.