Oklahoma nears sports betting approval as deal heads to vote, but veto risk remains

A proposal to legalize sports betting in Oklahoma is set to advance to legislative votes within days after lawmakers reached an agreement with tribal leaders and professional basketball stakeholders. However, the measure could face opposition in either chamber and a potential veto from the governor. The plan would authorize in-person wagering at tribal casinos while […]

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MGM Resorts sells Ohio’s Northfield Park operations to Clairvest Group for $546 million

MGM Resorts International has completed the sale of the operations of Ohio’s MGM Northfield Park to private equity funds managed by Clairvest Group Inc. for $546 million in cash. Net proceeds are expected to total around $420 million after taxes and transaction costs. “MGM Northfield Park is a market‑leading property supported by a talented team that […]

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New York sues Coinbase, Gemini over prediction markets, calls them illegal gambling

New York Attorney General Letitia James has filed lawsuits against Coinbase Financial Markets and Gemini Titan, alleging their prediction market platforms constitute illegal gambling operations under state law. The lawsuits claim the companies failed to obtain licenses from the New York State Gaming Commission while offering users the ability to bet on outcomes of events […]

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