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June 11, 2026
Sports prediction company ProphetX on Thursday received approval from the U.S. Commodity Futures Trading Commission to register as a federally regulated prediction market exchange focused on sports-based event contracts, becoming the first American sports-native, direct-clearing prediction market to launch and operate in full compliance with federal law.
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June 11, 2026
The former World Wrestling Entertainment legal staffer accusing the company and founder Vince McMahon of sexual abuse and trafficking may consent to the defendants' long-sought effort to drag the dispute into arbitration, the parties jointly told a Connecticut federal judge on Thursday.
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June 11, 2026
The Fifth Circuit once again struck down the Horseracing Integrity and Safety Authority's enforcement power over nationwide thoroughbred racing Thursday, holding that the U.S. Supreme Court's ruling last year in FCC v. Consumers' Research doesn't upend the circuit court's previous decision on the issue.
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June 11, 2026
A state court decision allowing Texas Tech quarterback Brendan Sorsby to continue playing despite his confession to sports betting has exposed a vulnerability for the NCAA, with courts outstripping the association in setting rules for college sports.
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June 11, 2026
The Cincinnati Specialty Underwriters Insurance Co. sued Kansas City, Missouri, and others in Missouri federal court, claiming Thursday that they are not entitled to indemnity for suits over the mass shooting at the February 2024 rally celebrating the Chiefs' Super Bowl win.
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June 11, 2026
The Federal Trade Commission sought Wednesday to further limit Zillow and Redfin's ability to defend a rental listings syndication deal the agency says was a $100 million payoff for Redfin to exit the market, asking a Virginia federal judge to treat the agreement as a presumptively unlawful transaction.
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June 11, 2026
Genius Sports has accused Panda Interactive in Delaware federal court of falsely claiming licensing deals in several states, connections with sportsbooks, and production of NFL-related content, the latest act in a multiyear legal battle between the rival sports tech companies.
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June 11, 2026
The Florida state judge overseeing a three-way dispute over ownership of a record-breaking home run ball by baseball star Shohei Ohtani did not indicate at a hearing Thursday whether he would send the case to a jury, but did suggest to the parties that the case "could easily be settled."
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June 11, 2026
Robinhood purportedly tricks consumers into illegally gambling by disguising its event contracts as a "modern, sophisticated form of investing" when, in reality, the contracts are just plain old-fashioned sports betting that is unregulated and in violation of state gambling laws, a new lawsuit alleges in California federal court.
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June 11, 2026
NASCAR team Joe Gibbs Racing LLC can augment its trade secrets lawsuit against a former competition director and the rival racing company that hired him, after a North Carolina federal court found that the proposed amendments aren't pointless.
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June 10, 2026
A New York federal judge Wednesday set a February trial date for former Miami Heat player Terry Rozier over newly enhanced allegations accusing him and others of tipping gamblers with lucrative prop bet information, amid a $26 million fight with the NBA that hinges on his bail conditions.
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June 10, 2026
College athletes urged a California federal magistrate judge Wednesday to find their deals with multimedia rights companies and third-party brand sponsors aren't subject to oversight by the College Sports Commission, a new entity created following the NCAA's landmark $2.78 billion name, image and likeness settlement.
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June 10, 2026
Gemini on Wednesday took steps to join the Commodity Futures Trading Commission's prediction market battle with New York regulators, seeking to back the agency's jurisdiction as the platform fends off a separate New York enforcement suit targeting certain sports and election markets as illegal gambling.
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June 10, 2026
Two California college football players challenged the NCAA's recent historic settlement related to athlete compensation, alleging the $20.5 million cap unlawfully limits how much athletes can earn and restrains competition.
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June 10, 2026
The Ninth Circuit appeared reluctant Wednesday to revive a suit from a former Washington State University head football coach who alleged he was fired after being denied a religious exemption to a mandatory COVID-19 vaccination policy, with one judge saying the coach is engaged in an "uphill" battle.
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June 10, 2026
A New Jersey federal judge has trimmed a lawsuit alleging FanDuel unlawfully uses WinView IP Holdings' patented technology for online and mobile gambling, allowing claims for direct infringement of two patents to proceed while tossing claims for willful and indirect infringement of those same patents.
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June 10, 2026
The U.S. Commodity Futures Trading Commission proposed a rule Wednesday that could govern the way the agency oversees the prediction markets, indicating that trading platforms will be allowed to continue accepting bets on the outcome of professional and college-level sports.
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June 10, 2026
This round of Law360's review of emerging copyright and trademark issues looks at the ripple effects from the U.S. Supreme Court's ruling on secondary copyright liability and highlights looming high court bids over "Top Gun" and Roberto Clemente's likeness on commemorative license plates.
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June 10, 2026
A Pennsylvania township's business privilege tax cannot apply to the dues, fees and assessments collected by two country clubs because the tax can apply only to for-profit businesses, a panel for the Commonwealth Court ruled Wednesday.
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June 10, 2026
A California jury added $22 million in punitive damages Wednesday to a $176 million verdict against a philanthropist and a former MLB pitcher found responsible for a car crash that killed two children.
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June 10, 2026
A proposed class of Zillow Group Inc. shareholders accused the property listings company of making an anticompetitive noncompete agreement with rival Redfin Corp., which caused the federal government to file an antitrust suit and Zillow's common stock value to drop.
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June 09, 2026
Counsel for a family that lost two children in a car crash urged a jury Tuesday to add $21 million in punitive damages to last week's $176 million compensatory verdict against a philanthropist and a former Major League Baseball pitcher found responsible.
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June 09, 2026
Five law firms have been disqualified from representing claimants seeking NFL concussion settlement funds for running a scheme that "laundered" questionable Parkinson's disease claims through the system to obtain $95 million, including $20 million in fees, a special masters' report issued Monday says.
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June 09, 2026
Prediction market platform Kalshi Inc. announced on Tuesday that it will start requiring users to verify their employer before they can trade on certain markets, and will further implement features allowing users to directly report suspicious trading activity.
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June 09, 2026
The Grand Traverse Band of Ottawa and Chippewa Indians on Tuesday filed a federal suit against the National Indian Gaming Commission claiming the commission's attempt to shut down a Northwest Michigan casino is improper and misapplies the "one-bite rule" governing tribal gaming to restored ancestral lands.