California and Minnesota attorneys general are challenging the Commodity Futures Trading Commission’s (CFTC) approach to regulating prediction markets, arguing the federal agency is not equipped to handle gambling-related harms such as addiction and social costs.
Jason Noah Feinman from Calabasas, California, was sentenced Tuesday to 27 months in federal prison after being convicted of operating an illegal offshore gambling enterprise, laundering money, and evading taxes on more than $4 million, according to the US Department of Justice.
Adam Walker, the former Secretary of the United Firefighters of Los Angeles City (UFLAC), has been arrested on allegations that he stole funds from the nonprofit to gamble online.
California's Graton Resort & Casino has opened its largest expansion to date, unveiling a 144,000-square-foot smoke-free dining, gaming, and entertainment district.
A court has overruled Attorney General Rob Bonta, blocking his proposed measures to restrict California cardrooms.