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Prediction markets are the latest in a long line of examples of how gambling innovation takes root in the gray areas. Major prediction markets are embroiled in lawsuits across the country, with some states like Arizona banning some operators altogether. State governments argue that the services are sidestepping necessary gambling licensing laws, while prediction markets […]
The court battle between billionaire Richard Desmond and the UKGC will begin this week to decide the license to run the National Lottery. Northern & Shell and The New Lottery Company (TNLC), owned by Desmond, is suing the UK Gambling Commission for up to £1.3 billion in a battle over the license to run the […]
The long-term relationship between broadcasters Nexstar and Sinclair and Disney’s ABC television network depends a lot on how late-night host Jimmy Kimmel responds to the controversy surrounding his remarks about the assassination of conservative activist Charlie Kirk. Whether these two companies, which own 60 of the network’s affiliates across the country, believe the comedian shows some degree of contrition for […]
The Murdoch family on Monday resolved the legal battle over control of its media empire, which includes Fox Corp. and News Corp, the company said. Lachlan Murdoch — the executive chairman and CEO of Fox Corp. and chairman of News Corp — will maintain control of the media giant forged by his 94-year-old father, Rupert […]
Elon Musk threatened Apple with a lawsuit – and launched a testy back-and-forth on X with OpenAI’s Sam Altman as he accused the App Store of violating antitrust laws by unfairly favoring ChatGPT over Musk’s Grok chatbot. “Apple is behaving in a manner that makes it impossible for any AI company besides OpenAI to reach […]
A legal conflict between the Council on Compulsive Gambling of New Jersey (CCGNJ), the trademark owner of the 1-800-GAMBLER hotline, and the National Council on Problem Gambling (NCPG), its national operator, threatens the future of this critical resource for problem gamblers. The dispute centers on a lapsed licensing agreement, threatening the future of the key […]
Almost every other day, gaming boards across the US are debating how to regulate sweepstakes casinos, with growing concerns about the lack of oversight. One of the biggest battles is unfolding in California, where AB 831 is moving closer to shutting them down in the state. On Wednesday (July 16), the California Public Safety Committee […]
U.S. President Donald Trump holds “The Trump Card” as he speaks with journalists onboard Air Force One en route to Miami, Florida, U.S., April 3, 2025. Kent Nishimura | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
Microsoft said on Wednesday its Digital Crimes Unit filed a legal action against Lumma Stealer last week, after it found nearly 400,000 Windows computers globally infected by the information-stealing malware in the past two months. Lumma is capable of stealing data from various browsers and applications, such as cryptocurrency wallets, and installing other malware, the company […]
Jerome Dewald sat with his legs crossed and his hands folded in his lap in front of an appellate panel of New York State judges, ready to argue for a reversal of a lower court’s decision in his dispute with a former employer. The court had allowed Mr. Dewald, who is not a lawyer and […]
