American gambling company offering sportsbook, daily fantasy sports, and online betting services
Bryce Harper has recorded a personalized video for a high-rolling FanDuel customer amid a gambling case involving FanDuel and DraftKings. The video has raised questions about the relationship between athletes, sportsbooks, and promotions that may affect vulnerable bettors. Several outlets report the same developments, with Harper stating he did not knowingly endorse gambling promotions.
Courts have blocked Minnesota’s prediction market ban, while federal agencies push for broader regulation and states push back. The cases test federal preemption versus state gambling authority, with ongoing litigation and potential appeals shaping the future of event-contract markets.
The European Commission has launched Scaleup Europe, a public-private growth fund managed by EQT to back EU-based scaleups. ICEYE, a Finnish satellite intelligence company valued above $11 billion, leads the first investment round, with a target of €5 billion to back EU and partner-country firms in deep tech and related sectors.
Washington state has obtained a preliminary injunction against Kalshi, barring most wagers on sports, elections, and related topics. Kalshi must implement geofencing by Sept. 2 and faces penalties if it fails. The case highlights a clash between state regulators and federal oversight over prediction markets, with the CFTC declaring a market emergency amid pressure from New York’s lawsuit.
A wave of court rulings on prediction markets, led by Kalshi, has put federal and state regulators at odds. The Ninth Circuit has ruled Nevada may apply its gaming laws to Kalshi’s sports-event contracts, a decision echoed by other circuits as litigation intensifies. The Supreme Court is likely to weigh in as cases diverge.
Bill Simmons’s disclosure that a proxy bet was placed for him in Massachusetts has sparked scrutiny of online sports betting rules. Regulators are reviewing the practice, and FanDuel has voided the bets and reported the matter. The case highlights how location and account rules shape betting activity.
The President has preliminarily revoked access to White House grounds for CNN, MS NOW, and Politico. The outlets are challenging the decision in court, arguing First Amendment rights against national security and professional standards. The case centers on journalists’ access to restricted areas and the government’s authority to control coverage while maintaining security concerns.