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August 07, 2026
The U.S. Commodity Futures Trading Commission Friday told prediction markets under its supervision that they must display clear pricing information for event contracts, warning such entities that they cannot list prices in ways that look like gambling odds.
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August 07, 2026
Kalshi has urged a federal judge to issue an injunction barring Utah from enforcing its anti-gambling laws against the company's prediction markets while it appeals a ruling holding the state could do so.
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August 07, 2026
World Wrestling Entertainment shareholders are asking a Delaware court to force Vince McMahon and other WWE board directors to sign off on a $147 million deal that will end a lawsuit over the company's 2023 merger with UFC parent Endeavor, with parties indicating that a dispute has opened up among the defendants over insurance coverage.
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August 07, 2026
Sports betting app Novig, which is suing Massachusetts and New York over their gambling and sports wagering laws, says emergency relief is needed for the company to continue carrying out its operations in New York.
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August 07, 2026
A football player hoping to join the North Carolina State University team sued the NCAA in federal court Friday over its review of his eligibility, alleging that the organization is using anti-competitive tactics to artificially restrict labor from the market.
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August 07, 2026
Federal law does not preempt Michigan's authority to regulate sports-based derivatives, a Michigan federal judge said in a Thursday order denying Coinbase Financial Markets' request for a preliminary injunction against Michigan state officials.
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August 07, 2026
The NCAA has told a Colorado federal court that an injunction permitting previously ineligible athletes to play next season should not nullify all its bylaws, while the athletes accused the association of acting "as if it is above the law."
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August 06, 2026
A Texas state court judge seemed dubious of a recusal bid by a woman who claimed Dallas Cowboys owner Jerry Jones sexually assaulted her, hinting Thursday that the argument to oust the judge overseeing the woman's case rested on meager evidence.
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August 06, 2026
Floyd Mayweather Jr. told a New York federal court that a broadcaster shouldn't get away with an "eleventh hour" withdrawal of its preliminary injunction motion after alleging he violated contractual obligations by scheduling a fight before ones with Mike Tyson and Manny Pacquiao.
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August 06, 2026
Prurient revelations, brash recriminations and purportedly glaring judicial errors in Tom Goldstein's criminal case have captivated the appellate bar for nearly 19 months, and many of those moments will be center stage in the star attorney's imminent appeal.
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August 06, 2026
LIV Golf said it has struck an agreement with a new investor that will allow the tour to live on after the 2026 season, when Saudi Arabia's Public Investment Fund ends its financial backing.
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August 06, 2026
Fast-fashion company Shein is seeking a $40 billion valuation through its Hong Kong initial public offering, betting platform Polymarket is eyeing a new funding round that could value it at $20 billion and Cencora's MWI Animal Health merger with Covetrus faces regulatory scrutiny.
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August 06, 2026
Polymarket announced Thursday that it had agreed to become the New York Yankees' official prediction market, partnering with an individual Major League Baseball franchise after signing an exclusive deal with MLB before this season.
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August 06, 2026
A man accused of working with a former University of Alabama football player to obtain nearly $20 million in bogus loans by using wigs, makeup and forged documents to impersonate several National Football League players has been sentenced to six years in prison.
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August 05, 2026
Sports betting app Novig is taking an offensive stance against New York, telling a federal judge Wednesday that the state can't enforce its gambling and sports wagering laws over event-contract trading it says is regulated by the Commodity Futures Trading Commission.
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August 05, 2026
Litigation concerning a fatal golf cart rollover at a San Antonio country club that killed a passenger and severely injured another will have to proceed without the Chinese manufacturer as a defendant, a state appeals court ruled on Monday after finding Texas courts didn't have jurisdiction.
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August 05, 2026
The U.S. Army soldier accused of reaping prediction market profits with his knowledge of the January operation to capture Venezuelan President Nicolás Maduro wants to fight parallel actions from the U.S. Commodity Futures Trading Commission and the U.S. Justice Department at once, and contends the government can't use his case as an "experiment" for how to police trading on platforms like Polymarket.
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August 05, 2026
Kalshi agreed to implement geofencing restrictions by Aug. 26 to prevent people in Washington from making bets on the platform in accordance with a state judge's preliminary injunction, but the prediction market is still at odds with state officials over the scope of the court order.
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August 05, 2026
The Federal Circuit on Wednesday refused to revive claims in a Nike fitness tracker patent challenged by Lululemon, affirming a Patent Trial and Appeal Board decision that the claims were invalid.
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August 05, 2026
A California federal judge said she won't reverse a magistrate judge's decision rejecting a bid by college athletes seeking to limit oversight of third-party name, image and likeness deals under their landmark $2.78 billion class settlement with the NCAA.
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August 05, 2026
A Utah federal judge has allowed the state's gambling regulators to crack down on Kalshi's sports event contracts, rejecting the prediction market giant's argument that it should be shielded by federal law.
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August 05, 2026
Greg Berson of McDermott Will & Schulte guided a Silicon Valley investor to become one of the first minority owners of the NFL's Buffalo Bills and helped the majority owner of the professional basketball and hockey teams in Washington, D.C., to sell stakes to a sovereign wealth fund for the first time, earning Berson a spot among the sports and betting practitioners under age 40 honored by Law360 as Rising Stars.
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August 05, 2026
A legal fight over San Jose State University's decision to roster a transgender player on its women's volleyball team has intensified as the litigants feverishly debate the impact of recent U.S. Supreme Court case law.
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August 05, 2026
Prosecutors have urged a New York federal court to revoke the bail of a close associate of ex-NBA player Terry Rozier, alleging he has been trying to intimidate potential witnesses in a sports betting case with threatening messages, including a social media post of a rat emoji.
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August 05, 2026
A Chubb unit said it is entitled to recover costs paid to defend the Los Angeles Angels against wrongful death actions brought by the family of pitcher Tyler Skaggs, who overdosed while traveling for an away game, telling a California federal court that another carrier improperly denied its coverage obligations.