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The HALLO ECHO

arizona-department-of-gaming-names-juan-carlos-estrada-as-boxing-and-mixed-martial-arts-executive-director

Arizona Department of Gaming Names Juan Carlos Estrada as Boxing and Mixed Martial Arts Executive Director

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Two decades of agency experience inform Executive Director’s new post The Arizona Department of Gaming (Department) announced that it has appointed Juan Carlos Estrada as Executive Director, Boxing and Mixed Martial Arts (BMMA). A long time employee of the Department with roles spanning regulation and operations, including for high-profile boxing and mixed martial arts events…

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ag-campbell-secures-court-order-that-will-block-kalshi-from-offering-unlawful-sports-wagers-in-massachusetts

AG Campbell Secures Court Order That Will Block Kalshi from Offering Unlawful Sports Wagers in Massachusetts

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  Massachusetts Attorney General Andrea Joy Campbell released the following statement after securing a preliminary injunction in her lawsuit against KalshiEX LLC (Kalshi), a self-described online “prediction market”. The court’s order will allow a preliminary injunction to take effect, prohibiting Kalshi from accepting online sports wagers and related events contracts from Massachusetts customers until the…

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Joint AGA-IGA Letter Addressing Unregulated Sports Event Contracts

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Below is a joint letter from the American Gaming Association and Indian Gaming Association on addressing unregulated sports event contracts in upcoming cryptocurrency market structure legislation. Dear Members of the United States Senate and House of Representatives, On behalf of the American Gaming Association (AGA) and the Indian Gaming Association (IGA), we write to urge…

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PPE Casino Resorts Petersburg Becomes the Fifth Approved Casino Facility Operator in Virginia

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  Last Wednesday, PPE Casino Resorts Petersburg LLC became the fifth approved casino facility operator in Virginia. The Virginia Lottery Board unanimously approved its application for licensure. PPE Casino Resorts Petersburg LLC plans to open a casino near the intersection of Interstate 95 and Wagner Road. This comes after a comprehensive review of application materials…

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Nevada Gaming Control Board Files Civil Enforcement Action Against Polymarket

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The Nevada Gaming Control Board has filed a civil enforcement action in the District Court for Carson City against BLOCKRATIZE INC. d/b/a POLYMARKET; QCX LLC d/b/a POLYMARKET US; and ADVENTURE ONE QSS INC. d/b/a POLYMARKET. In its complaint, the Board asked the court for a declaration and injunction to stop Polymarket from offering unlicensed wagering…

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NCAA Urges CFTC to Suspend College Sport Prediction Markets

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  NCAA President Charlie Baker has requested the Commodity Futures Trading Commission, the regulatory body that presides over prediction markets, to pause all college sport offerings in prediction markets until the agency implements appropriate regulations. “Just as we need Congress to stabilize eligibility, we need federal regulators to stabilize these markets. The answer cannot be…

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