Tag Archives: over

Connecticut tribes seek to join federal lawsuit over controversial sports prediction markets

Connecticut tribes seek to join federal lawsuit over controversial sports prediction markets Suswati Basu     Connecticut’s two federally recognized tribes are asking a federal judge to let them join the government’s legal fight over sports prediction markets, arguing the outcome could reshape gambling oversight and threaten a major stream of tribal income. The Mohegan … Continue reading Connecticut tribes seek to join federal lawsuit over controversial sports prediction markets

CFTC moves into Rhode Island fight over prediction market authority

CFTC moves into Rhode Island fight over prediction market authority Suswati Basu     Federal regulators are stepping into an escalating court battle over prediction markets, backing Kalshi’s challenge to Rhode Island’s attempt to block sports-related event contracts. On Thursday (May 28), the Commodity Futures Trading Commission and the United States asked to intervene in … Continue reading CFTC moves into Rhode Island fight over prediction market authority

Kalshi launches political power index amid scrutiny over prediction markets

Kalshi launches political power index amid scrutiny over prediction markets Suswati Basu     Kalshi has rolled out a new political benchmark that tries to capture the balance of power between Democrats and Republicans in a single number. The product, called the Kalshi American Power Index, or KPOW, is now available on the company’s platform. … Continue reading Kalshi launches political power index amid scrutiny over prediction markets

California sues 23andMe over 2023 data breach that affected 7 million users

California sues 23andMe over 2023 data breach that affected 7 million users Rob Bonta accused the company, now called Chrome Holding Co., of failing to protect users’ sensitive information. By Mariella Moon May 29, 2026   Sbluestork/Shutterstock Chrome Holding Co., the company formerly known as 23andMe, is facing a lawsuit filed by California Attorney General Rob Bonta over … Continue reading California sues 23andMe over 2023 data breach that affected 7 million users

Federal casino fraud indictment targets Sacramento man over fake cannabis investment

Federal casino fraud indictment targets Sacramento man over fake cannabis investment Suswati Basu     Federal prosecutors say a Sacramento man collected more than $ 500,000 through a bogus cannabis investment operation that targeted people he met while socializing at casinos, bars and restaurants across California. A federal grand jury indicted 49-year-old Keinyatey Deboros Chambers … Continue reading Federal casino fraud indictment targets Sacramento man over fake cannabis investment

Trump cancels AI executive order over concerns of slowing U.S. tech innovation

May 21, 2026 Trump cancels AI executive order over concerns of slowing U.S. tech innovation BY Associated Press President Donald Trump called off plans to sign a new executive order on artificial intelligence hours before an expected White House ceremony Thursday because he said he was worried the measure could dull America’s edge on AI technology. Trump … Continue reading Trump cancels AI executive order over concerns of slowing U.S. tech innovation

UFC CEO Dana White presses Trump again over controversial federal gambling tax limits

UFC CEO Dana White presses Trump again over controversial federal gambling tax limits Suswati Basu     Dana White is pushing President Donald Trump to revisit a gambling tax provision tucked inside the recently passed “One Big Beautiful Bill Act,” adding another high-profile voice to a growing bipartisan campaign in Washington. In a May 11, … Continue reading UFC CEO Dana White presses Trump again over controversial federal gambling tax limits