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X Strategies alleges in a federal lawsuit that former CFO Derek Utley used company money to fund extensive slot gambling at a South Florida Hard Rock casino. Utley disputes the claims.
Yahoo Finance said its agreement to display Polymarket prediction market data has ended, while Polymarket continues as an advertising partner across Yahoo properties.
Hard Rock Casino Tejon is preparing to break ground in October on a second phase that includes a 400-room hotel, event space, resort amenities, and expanded gaming.
Coinbase said its prediction markets business has surpassed $100 million in annualized revenue within months of launch, part of a broader push into derivatives, tokenized equities and retail IPO access.
Senate Banking Committee Democrats are asking for a public hearing on prediction markets after Republicans met privately with Kalshi executives, putting SEC and CFTC oversight questions in focus.
A State Affairs Pro report flags prediction market legal developments across four states, but the available source material does not disclose the underlying case details.
