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Latest News in Sports & Betting
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May 07, 2026
An award creditor of Spain that is owed more than $47 million has defended its Washington federal court bid for information related to the Spanish national soccer team's upcoming appearance at the 2026 FIFA World Cup, saying it's been "left with no choice" as the country continues to evade payment.
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May 07, 2026
Fourth Circuit judges appeared dubious Thursday as counsel for Kalshi explained why its "sports event contracts" can only be regulated by the U.S. Commodity Futures Trading Commission rather than state gambling laws, with one judge remarking, "If it quacks, you know, it's a duck. Right? It's gambling isn't it?"
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May 07, 2026
Kalshi, guided by Cooley LLP, announced Thursday that it raised $1 billion for its Series F fundraising round as it reached a $22 billion valuation.
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May 07, 2026
A Virginia federal judge denied Zillow and Redfin's bid Wednesday to toss the Federal Trade Commission's suit accusing the companies of colluding through a $100 million payment to stop competing on multifamily rental listings, ruling that the "fact-intensive nature" of the commission's complaint justifies it surviving past the pleading stage.
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May 07, 2026
Lawmakers in North Carolina are forging ahead with new legislation that would keep payments made from the state's public universities to its athletes shielded from public disclosure in a bid to stay competitive in the free-spending college sports era.
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