This is a newsletter sponsor, but it's surprising (or perhaps it's not) that the best RG ideas and features are coming from the payment sector.

NEW: 60 federally recognized Indian Tribes and 9 tribal organizations have filed an amici curiae brief in the 3rd Circuit in support of New Jersey's appeal of the preliminary injunction granted to Kalshi. Exceptional brief which delivers the goods on IGRA and Rule 40.11(a).

As I wrote not too long ago

NEWS: There is now filed in the New Jersey-Kalshi case in the Third Circuit, on appeal from NJ District Court, a brief from a consortium of 32 states, signed by attorneys general for Nevada and Ohio.

I say this all the time, gambling is the one issue that has bipartisan support and opposition

Plus hundreds of tribes and 32 states. Has there ever been this much opposition to something in the space?

We're looking for a developer to take what we've built on the web and replicate it as a native iOS (and eventually Android) app. DM us if you're interested or know someone that is!

Insta-donated to this and sharing for visibility.

New June 2025 issue of Gaming Law Review includes my commentary entitled "A First-Hand Account of the CFTC's Prediction Markets Roundtable" -- liebertpub.com/toc/glr2/29/5

If nothing else, Victor Rocha knows how to make a quote

Now there is a state-level effort. Interesting bit (that I touched on in Monday's newsletter): “I don’t think we should be subsidizing people who are gambling and incentivize them to gamble more, to cover their losses for them. That was the intent of this bill,” NY Sen.

Important to note that (by my count) 12 (and possibly as many as 18) states already prohibit or restrict gambling loss deductions

This is a really strong ad

This was very broad and not specific to slots, which is why it went under the radar. I heard about the day OBBA was passed but had trouble locating it in the bill until AGA pointed out the section

Which one of those three (Agriculture, Forestry, Nutrition) does trading contracts on the future of the CEO busted at the Coldplay concert fall under?

"The predictions marketplace is buying a little-known derivatives exchange called QCX, that will allow Polymarket to legally re-enter the US, according to people with knowledge of the matter. The move will formally open the betting site to US users after its surging popularity in

This is promising

I should have gone to law school Jessica Welman