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Federal Government Sues 3 States Over Prediction Markets
The battle between state regulators and prediction markets has been heating up lately with various lawsuits filed over the issue of whether or not trading on these markets constitutes a type of gambling. Now the Commodities Futures Trading Commission (CFTC) is throwing its hat into the ring by suing several states, arguing that it, and […]
NBA Partners with PrizePicks for DFS Deal
In a groundbreaking move, the NBA has announced a multi-year partnership with PrizePicks, an Atlanta-based daily fantasy sports (DFS) operator, designating the company as its official DFS partner. The deal, which includes a broad integration of NBA intellectual property into PrizePicks’ products, underscores the league’s ongoing engagement with the growing DFS and free-to-play sectors. Expanding […]
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Israeli Crime Figure to Plead Guilty in LA Poker Case
A man described by federal authorities as an organized crime figure from Israel has agreed to plead guilty in connection with an illegal high-stakes poker operation linked to a Los Angeles mansion owned by former NBA player Gilbert Arenas. The case, which involves multiple defendants and allegations of a wide-ranging gambling network, has drawn attention […]
NBA Partners with PrizePicks for DFS Deal
In a groundbreaking move, the NBA has announced a multi-year partnership with PrizePicks, an Atlanta-based daily fantasy sports (DFS) operator, designating the company as its official DFS partner. The deal, which includes a broad integration of NBA intellectual property into PrizePicks’ products, underscores the league’s ongoing engagement with the growing DFS and free-to-play sectors. Expanding […]