Less than a year after garnering approval to acquire full ownership of sweepstakes giant VGW, founder Laurence Escalante has resigned from the company permanently.
Escalante temporarily stepped down from his role as CEO in January 2026 after being arrested in Australia for allegedly assaulting a former partner. A search warrant at Escalante’s home amid the investigation led to his resignation from VGW.
Global prediction market platform ADI Predictstreet and sportsbook technology provider FIRST.bet have partnered to expand regulated prediction markets across Latin America.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
