Latest Articles
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Gambling
Massachusetts advances BetMGM hearing over alleged underage marketing emails
Massachusetts gambling regulators are sending a marketing case involving BetMGM straight to a formal hearing after learning that tens of thousands of promotional emails went out to people whose ages...
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Betting
Rivalry Corp sparks shutdown fears as it scales back operation
Rivalry Corp. is pulling back sharply on its day-to-day business as its board considers what comes next for the company. The Toronto-based online betting and gaming operator said Friday (February...
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Prediction Markets
Vitalik Buterin warns prediction markets risk sliding into ‘corposlop’
Ethereum co-founder Vitalik Buterin says he’s growing uneasy about the direction prediction markets are taking, warning that platforms were heading towards becoming ‘corposlop.’ “Recently I have been starting to worry...
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Betting
Guardians closer Emmanuel Clase accused of rigging playoff pitch
Cleveland Guardians closer Emmanuel Clase is now accused of taking part in a pitch-fixing scheme that extended into the postseason, according to federal prosecutors. A superseding indictment unsealed in federal...
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Prediction Markets
Crypto.com faces Florida lawsuit over alleged illegal sports betting
Two California investors are taking Crypto.com to federal court in Miami, Florida, accusing the company of running what they describe as a nationwide sports betting business under the cover of...
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Casino
Wolcott man indicted in alleged crypto fraud tied to $950K of Stake.com gambling losses
A 24-year-old man with ties to Wolcott, Connecticut, is facing federal charges after prosecutors say he ran a crypto investment scam and funneled nearly $1 million of victims’ Bitcoin into...
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Sweepstakes
Jamaican man faces federal charges in sweepstakes elder fraud case in Connecticut
Federal prosecutors say a 31-year-old Jamaican citizen is now facing serious charges in Connecticut over what they describe as a yearslong sweepstakes scam that drained millions of dollars from older...
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Sweepstakes
Marlon Wayans joins MyPrize as Premier Creator in entertainment platform expansion
MyPrize is bringing another recognizable name into its lineup of celebrity talent. The Miami-based social gaming and entertainment company announced Thursday that actor and comedian Marlon Wayans has signed on...
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Prediction Markets
Israeli reservist civilian charged over classified Polymarket betting scheme
Israeli authorities have charged a military reservist and a civilian with using secret army information to place bets on the online prediction platform Polymarket, a case that has set off...
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Gambling
23 charged after charity network allegedly siphoned $3.2 million gambling grants
More than 20 people have been charged after it was discovered that a network of organizations has obtained NZD 3.2 million ($1.9 million) in fraudulent gambling grant funds. The network...
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Prediction Markets
DraftKings announces plans to launch market-making arm for predictions sector
Building on its pivot into prediction markets, gambling giant DraftKings has confirmed it will launch a market-making arm in the new sector. DraftKings has made its focus on prediction markets...
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Gambling
Nevada lawmaker Dina Titus files discharge petition to force vote on gambling tax bill
Nevada Congresswoman Dina Titus has filed a discharge petition to force a House vote on a gambling tax bill. Titus has encountered various obstacles to get her FAIR BET Act...
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Prediction Markets
CFTC names 35 members including Kalshi, Polymarket, and DraftKings CEOs to Innovation Advisory Panel
Federal derivatives regulators have filled out the membership of a new advisory group designed to keep pace with fast-moving changes across financial markets. On Thursday (February 12), the Commodity Futures...
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Betting
Ontario regulator moves to suspend PointsBet over major NBA betting failures
The Alcohol and Gaming Commission of Ontario (AGCO) is seeking to sideline sports betting operator PointsBet Canada for five days, saying the company failed to properly flag and report questionable...
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Gambling
FanDuel to halt credit card deposits nationwide on March 2
FanDuel says it will stop taking credit card deposits for its Sportsbook, Casino and Racing platforms across the country beginning March 2, 2026. The change applies everywhere it operates in...
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Casino
Six men face charges in court over fatal stabbing outside London casino
Six men have stood in court accused of trying to interfere with the investigation into the fatal stabbing of 24-year-old Blue Stevens in Knightsbridge last summer. Prosecutors say the group...
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Gambling
Lexington man gets prison time in federal COVID-19 loan gambling fraud scheme
A Lexington man who secured hundreds of thousands of dollars in COVID-19 relief funds through false claims is headed to federal prison, after authorities said he funneled part of the...
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Gambling
Former unregistered NDIS director faces 15-year jail term for alleged $858k misuse
The former director of an Australian National Disability Insurance Scheme (NDIS) provider faces a possible 15-year jail term over the alleged misuse of $858,000 in company funds. The accused, Byson...
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Gambling
Aristocrat announces the acquisition of Gaming Analytics, Inc
The entertainment and gaming content creation company Aristocrat announces it has acquired Gaming Analytics, Inc for an ‘undisclosed sum.’ The company is a US-based provider of AI-powered tools for real-time...
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Prediction Markets
Robinhood stock falls despite record Q4 earnings amid questions over prediction markets
Robinhood shares moved lower after the company released its fourth-quarter earnings, as investors weighed strong headline results against lingering questions about the firm’s growing emphasis on prediction markets and its...