Latest articles
Plaintiffs Look to Fast-Track PredictIt Suit as CFTS Seeks Dismissal
Things have heated up quickly since the Commodity Futures Trading Commission (CFTC) filed a motion to dismiss the lawsuit seeking to avert PredictIt‘s shutdown. The plaintiffs countered with a motion seeking to expedite the hearing. They’re hoping to obtain a preliminary injunction before Christmas. Without judicial intervention, the site will need to shut down by […]
New Lawsuit Alleges Misconduct By Former President Of MGM Springfield
Former MGM Springfield President Michael Mathis is facing a lawsuit alleging improper behavior during his time with the casino. Filed on Nov 10 in Hampden County Superior Court, the suit names Mathis and Blue Tarp Development, LLC as defendants. Blue Tarp is the corporate entity controlling the casino. The plaintiff is Chelan Brown, a former […]
California Tribes Seek Attorneys’ Fees After Governor Acknowledges Bad Faith
A new reply brief has been filed in the litigation between California tribes and the State. The Chicken Ranch Rancheria of Me-Wuk Indians is the primary plaintiff in the case, which involves California gaming compacts. The compacts in question were initially set to expire on the last day of 2020. However, there have been multiple […]
Opinion: A Frosty Future Ahead for Gaming Expansion Possibilities In Oklahoma
The dust is still settling nationally on the 2022 midterm elections. In Oklahoma, however, most of the dust settled within a few hours of polls closing on November 8. Pre-election polls had shown a strong chance that Oklahomans might elect a Democrat as Governor for the first time in over a decade. However, reality disagreed […]
New Class Action Lawsuit Filed Over Skillz SPAC
Last week, lawyers representing Darcy Lien and other Skillz investors filed a lawsuit against Eagle Equity Partners II, LLC. The suit, filed in the Delaware Court of Chancery, also names several individuals involved with the company as defendants. These include the former CEO of MGM Studios and the former president of CBS Entertainment. The litigation involves the path Skillz […]
Reports Suggest CFTC Likely to Deny Prediction Contracts on Political Outcomes
The Commodity Futures Trading Commission (CFTC) has not yet officially ruled on whether it will allow Kalshi to offer political contracts. However, there are multiple reports circulating that the agency’s staff has recommended against it. Kalshi is what’s known colloquially as a predictions market, meaning users trade shares whose value is tied to real-world events. Staffers have […]