Latest Articles
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Prediction MarketsKhamenei market meltdown on Kalshi shows how prediction markets still can’t decide what ‘counts’
For a platform that insists its rules were “clear from the outset,” Kalshi has spent the last several days explaining itself over and over again, often in slightly different ways,...
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Prediction MarketsFrom Trading Places to war markets: how insider trading slipped into prediction platforms
In the 1983 film Trading Places, two wealthy brothers set out to rig the commodities market by getting their hands on a secret government crop report. Eddie Murphy’s character uses...
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GamblingFormer New York real estate developer Joshua Schuster admits investor fraud and gambling losses scheme
A once-prominent New York City real estate developer has admitted in federal court that he cheated investors who trusted him with their money for luxury property deals to fuel a...
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GamblingMichigan child modeling scout accused of gambling away millions in fraud case
A woman from New Boston, Michigan, is now facing federal prosecution after authorities say a multimillion-dollar investment meant to launch a child modeling career was instead funneled into online gambling...
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GamblingBondi Junction solicitor charged over alleged massive $15M gambling theft
A solicitor from Bondi Junction is facing serious criminal charges after police alleged he siphoned almost AUD 15 million ($10.6 million) from his own clients and funnelled the money into...
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BettingSuper Technologies expands Sportradar partnership to power global betting growth
Super Technologies is widening its long-standing partnership with sports technology giant Sportradar AG, a move the company says will help drive its next phase of international expansion. The group, which...
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SweepstakesLouisiana bill targets sweepstakes sites and their financial backers
Louisiana lawmakers are preparing for a major fight over sweepstakes websites in the 2026 Regular Session, as a newly filed proposal aims to widen the state’s power to shut down...
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GamblingCentral Florida gambling crackdown nets cash machines in statewide sweep
Law enforcement agencies fanned out across Central Florida this week, shutting down dozens of illegal gambling storefronts and hauling away stacks of cash and hundreds of machines. The Volusia County...
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GamblingDemocratic senators question CFTC staffing cuts in Chicago enforcement office
Five Democratic senators are demanding clarity from the nation’s top derivatives regulator after learning that its Chicago enforcement team may have been dramatically reduced. In a letter issued Thursday (February...
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GamblingSacramento deputies dismantle sprawling illegal gambling network after lengthy investigation
Sacramento County detectives say they have broken up what they describe as a “large-scale illegal gambling network operating in our region and impacting residential communities,” the result of an investigation...
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GamblingFormer Home Depot employee sentenced for $4M gift card theft to fund gambling habit
A former Home Depot employee is headed to federal prison after prosecutors say she orchestrated a multimillion-dollar gift card scheme and spent most of the money on gambling. Federal authorities...
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BettingMassachusetts regulators require sportsbooks to notify bettors of limits within 48 hours
The Massachusetts Gaming Commission has signed off on a new rule that will require licensed sportsbooks to alert customers within 48 hours whenever their betting accounts are limited. The decision...
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Prediction MarketsFlutter doubles down on prediction markets despite investor worries about growth
Flutter Entertainment is leaning harder into prediction markets, even as some investors question how much upside the move will really deliver. In its fourth quarter earnings letter to shareholders, the...
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GamblingPenn Entertainment narrows Q4 losses as bets reshape strategy after costly partnerships
Penn Entertainment closed out 2025 with a noticeably smaller loss, buoyed by stronger showings at its brick-and-mortar casinos and a long-awaited breakthrough in its online division. For the quarter ending...
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CasinoBoyd Gaming to sell Sam’s Town Shreveport to Bally’s in Louisiana
Boyd Gaming is preparing to hand over one of downtown Shreveport’s best-known casinos, agreeing to sell Sam’s Town Hotel & Casino to Bally’s Corporation in a deal that reshapes the...
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GamblingUS commercial gaming revenue surges to record highs in 2025 nationwide
The US commercial gaming business reached a new peak in 2025, pulling in $78.72 billion in gross gaming revenue, according to figures released Thursday (February 26) by the American Gaming...
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GamblingMGM Resorts and BetMGM expand responsible gaming investment nationwide this spring
MGM Resorts International and its joint venture BetMGM are putting more than $1 million behind responsible gaming efforts as part of Problem Gambling Awareness Month, rolling out new research, partnerships...
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PokerThomas Goldstein convicted in sweeping federal tax case: high-stakes poker and the fall of a Supreme Court lawyer
When a federal jury in Maryland found Thomas Goldstein guilty this week, it brought a stunning chapter in American legal culture to an abrupt end. A man who once moved...
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CasinoColumbia dealer gets 15 years after casino fentanyl bust and charges
A Columbia, Missouri, man who drew attention during a tense fentanyl bust at an Oklahoma casino is now headed to federal prison for 15 years. Walter Antwine Moore, 44, was...
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CasinoWichita man accused of running proxy betting scheme at Kansas casino
A Wichita man who worked at the Kansas Star Casino is now facing several criminal charges after state investigators accused him of running an illegal proxy betting operation inside the...
