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Category: Law
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‘Nightmare’ Allegations Against Michael Jordan-Backed Online Gambling Firm
A giant of the U.S.-regulated online gambling sector, which counts Michael Jordan as an advisor and investor, has been hit by explosive allegations that it makes a significant chunk of its revenue from illegal gambling channels. Sportradar, a Swiss business-to-business supplier of online gambling data and technology in the $27 billion U.S. online gambling market,…
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Independent Experts To Hold Gambling Public Health Symposium
The Public Health Advocacy Institute will hold what it calls the first international symposium focused on online gambling as a public health issue in the United States. This is in contrast to the industry’s “responsible gambling” framing. The in-person event will be held at Northeastern University in Boston on Friday, April 24, from 9 a.m.…
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Ohio Fines Kalshi Record $5M For Allegedly Preying On Teens
Ohio has announced its intention to fine the prediction market Kalshi over what it claims is illegal online gambling. The state said April 14 that the fine is $5 million, which would be the largest ever state regulatory penalty for an online platform facilitating betting on sports. In a notice to the company, Ohio claimed…
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Bettor Claims BetMGM Helped Him Reverse 5-Year Self-Exclusion
A Nashville man has accused BetMGM Sportsbook and Tennessee’s betting regulator of alleged unlawful conduct involving his self-exclusion from gambling. According to amended petitions filed this month in Tennessee Chancery Court, Dilvar Tayip says he voluntarily placed himself on Tennessee’s sports wagering self-exclusion list in June 2021 for five years, through June 16, 2026, and…
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‘Bloodthirsty Leeches’: Detroit Warns Of Fiscal Calamity From Prediction Markets
The City of Detroit has called prediction markets “bloodthirsty leeches” in a scathing court filing on April 2, 2026. Detroit and the State of Michigan are in a heated legal battle with several prediction markets. Detroit claims in court documents that these federally certified platforms pose a serious threat to the city’s fiscal health. “Detroit’s…
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