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Texas opinion says chance elements can make machines illegal gambling

Hi, Welcome Welcome back Texas opinion says chance elements can make machines illegal gambling Suswati Basu     Texas Attorney General Ken Paxton has issued a new legal opinion concluding that electronic amusement machines can fall under Texas gambling laws when chance plays any part in whether a player receives something of value. The June … Continue reading Texas opinion says chance elements can make machines illegal gambling

Texas Tech warns Big 12 sanctions could spark massive liability fight

Texas Tech warns Big 12 sanctions could spark massive liability fight Suswati Basu     The Big 12 is considering its next move after receiving a warning from the Texas Attorney General’s Office that any attempt to punish could lead to significant legal consequences. A June 11 letter sent to Commissioner Brett Yormark and board … Continue reading Texas Tech warns Big 12 sanctions could spark massive liability fight

Your best employees may be the ones ignoring your constant Slack messages

June 13, 2026 Your best employees may be the ones ignoring your constant Slack messages BY Samyr Laine I spent years in environments where the stakes of misplaced attention were immediate and visible: helping Jay-Z build enterprises at Roc Nation, then alongside the very talented team at Westbrook. What I watched in those rooms, and later … Continue reading Your best employees may be the ones ignoring your constant Slack messages

ProphetX secures CFTC approval to launch regulated sports prediction exchange

ProphetX secures CFTC approval to launch regulated sports prediction exchange Suswati Basu     ProphetX has received approval from the Commodity Futures Trading Commission to operate as a federally regulated sports-focused exchange in the United States. The New York-based company said the regulator approved its applications to register as both a Designated Contract Market (DCM) … Continue reading ProphetX secures CFTC approval to launch regulated sports prediction exchange

Timothée Chalamet’s latest paycheck may have just cost him some fans

June 12, 2026 Timothée Chalamet’s latest paycheck may have just cost him some fans BY María José Gutiérrez Chávez Kalshi’s latest ad is betting on star power, but fans are not buying it. The prediction market giant’s latest campaign taps A-list actor Timothée Chalamet for a one-minute video advertisement featuring the actor in a series of … Continue reading Timothée Chalamet’s latest paycheck may have just cost him some fans

Predictably, Sam Bankman-Fried’s fraud conviction appeal has been denied

Predictably, Sam Bankman-Fried’s fraud conviction appeal has been denied There’s still the possibility of that Trump pardon. By Lawrence Bonk June 12, 2026   Michael M. Santiago/Getty Images A federal appeals court has upheld the fraud conviction of FTX founder Sam Bankman-Fried, according to Reuters. Bankman-Fried was convicted of running one of the largest financial frauds … Continue reading Predictably, Sam Bankman-Fried’s fraud conviction appeal has been denied