News

Elk Grove player wins $341,389 jackpot at Sky River Casino

An Elk Grove resident hit a combined $341,389 while playing I Luv Suits Poker at Sky River Casino, with the prize including a six-figure progressive jackpot and a side-bet payout.

Senate Prediction Markets Still Favor Republicans, but Key Race Contracts Give Democrats a Clearer Path

Kalshi and Polymarket continue to show Republicans as slight favorites to hold the Senate, but state-by-state contracts suggest Democrats have more viable paths than the headline chamber-control markets imply.

New York sportsbooks post $214 million July win as CFTC tightens focus on prediction markets

A new industry roundup says New York sportsbooks won $214 million in July, while federal regulators issued fresh warnings and proposals that could shape the prediction market space.

Federal tribal gambling oversight story lacks key details from available source report

A source report is framed around a leadership vacancy at the federal body overseeing tribal gambling, but the available fact set primarily documents heavy opening-day demand at the Iowa Tribe of Oklahoma’s new Harrah’s-branded casino.

CFTC tells prediction markets to stop using gambling-style price displays

The CFTC has warned supervised prediction markets that event contract prices must be presented clearly and not in ways that resemble gambling odds.

Billy Walters says prediction markets would have made him far richer as DraftKings flags pro-heavy activity

Billy Walters used a Las Vegas conference appearance to argue prediction markets would have dramatically expanded his edge, as DraftKings separately said most activity in sportsbook states appears to come from professional bettors and institutional traders.