By The Weekly Edge desk ·
PlayUSA reported that West Virginia University began a three-year investigation into risky online betting behaviour, including attempts to recover losses. A grant of nearly $300,000 from Arnold Ventures supports the research.
The research could help operators identify harmful betting patterns and design interventions.
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Polymarket’s request for help against New York and Kalshi’s potential tribal agreement concern prediction market operators.
The ruling and machine removals are followed by 81 job cuts at Republic Amusements, while legalisation legislation remains stalled.
The dispute concerns whether states can apply gambling rules to sports-event contracts offered by federally regulated exchanges.
The dispute could affect whether prediction market operators face state gambling laws alongside federal oversight.
The ruling puts businesses hosting skill-game machines at risk of losing the revenue those devices generate.