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The Latest Breaking News from Daniel Wallach

Polymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney

A recent Wall Street Journal investigation found that the prediction market allegedly hired influencers to stage fake trades as part of its marketing campaign to attract U.S. users.

Fortune

Kalshi Faces Setback After Nevada Judge Reverses Earlier Court Victory On Sports Betting

A federal judge reversed a crucial court win for prediction market platform Kalshi, ruling on Tuesday that contracts based on sporting event outcomes are not subject to the Commodity Futures Trading Commission (CFTC).

Benzinga

Warner and Turner Sue the NBA Over Failed Renewal Deal

Less than 48 hours after threatening the league with ‘action,’ media company gives it … the action … and we have the lawsuit here

Multichannel News

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Florida’s Billy Napier, Todd Golden, SEC coaches voice concern with sports betting’s prevalence

When sports betting eventually becomes legal in Florida, the Gators do not expect to be blindsided.

Orlando Sentinel

Brian Davis’ UEE files suit, still desires to purchase the Commanders

Brian Davis is suing Bank of America, still wants to purchase the Commanders.

USA Today Sports Media Group

California’s dueling sports betting props are doomed, polls show. What comes next?

With two ballot initiatives to legalize sports betting in California headed for near-certain defeat in November, players on all sides are beginning to strategize their next moves even as campaign representatives say they remain focused on the election at hand.

Tribune News Service

Dave Hyde: Brian Flores calls out all Dolphins top officials as stakes rise in amended lawsuit

It’s right there, laid out for everyone to read, in the six double-spaced lines and 80 legalistic words of paragraph 166.

Tribune News Service

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