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Industry FanDuel Cuts Hundreds of Jobs in Third Round of Layoffs as It Expands Into Prediction Markets

FanDuel is reducing up to 10% of its workforce while accelerating its push into prediction markets amid growing industry competition.

Vanessa Phillimore • 29 minutes ago
Man Points with Two Fingers to the Word Restructuring in Digital Icon Overlay
News States, Tribes Push Back as CFTC Creates Rules on Sports Prediction Markets

States and tribes come together in court fights against prediction markets, as the CFTC proposes new rules on sports-related contracts

Ian St. Clair • 54 minutes ago
States and tribes push back against prediction markets in court.
Illinois Illinois Lawmakers Pause Pritzker’s Gambling Oversight Merger Over Transparency Concerns

Illinois lawmakers adjourned without advancing the governor's plan to merge the state’s gaming and racing regulators into a new department

Ian St. Clair • 22 hours ago
Illinois lawmakers fail to advance the governor's plan to merge gaming regulatory boards.
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