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Pig Pen game room on Interstate 45 in La Marque, Texas, searched by investigators as part of a Galveston County illegal gambling crackdown.

Gambling

Galveston County raids target alleged gambling network across multiple properties

A sweeping law enforcement operation unfolded across Galveston County on Monday (June 1) as investigators...

Suswati Basu 2 months

Aerial view of the Illinois State Capitol building in Springfield, Illinois, showcasing the historic government landmark, iconic dome, landscaped grounds, and downtown skyline under a bright blue sky. Illinois budget bill targets sports prediction markets with unique transaction tax

Prediction Markets

Illinois budget bill targets sports prediction markets with unique transaction tax

Suswati Basu 2 months

Barry Diller alongside MGM Resorts signage as People Incorporated launches an $18 billion bid to take MGM Resorts International private, highlighting major consolidation in the casino, hospitality and online gaming industry.

Casino

Barry Diller’s People Incorporated seeks to take MGM private in $18B deal

Suswati Basu 2 months

Medicare insurance enrollment documents with stethoscope and calculator, illustrating healthcare fraud investigations, Medicare reimbursement claims, medical billing and tax evasion cases. Burbank laboratory owner jailed after Medicare fraud funded gambling habit

Gambling

Burbank laboratory owner jailed after Medicare fraud funded gambling habit

Suswati Basu 2 months

Greater Manchester Police officer at public event as authorities investigate suspected illegal gambling operation in Manchester city centre

Gambling

Two arrested in Manchester gambling raid as wider scrutiny grows

Suswati Basu 2 months

Promotional graphic for Kalshi Perpetuals featuring intertwined green abstract loops on a black background, announcing Kalshi’s launch of regulated crypto perpetual futures trading in the United States under CFTC oversight.

Prediction Markets

Kalshi launches regulated crypto perpetual futures as US oversight expands

Suswati Basu 2 months

Silhouetted jockeys ride racehorses over a steeplechase jump during a horse racing event, illustrating thoroughbred racing and equestrian sport against a dramatic sky. Hawthorne creditors seek probe into racing funds amid bankruptcy dispute case

Gambling

Hawthorne creditors seek probe into racing funds amid bankruptcy dispute case

Suswati Basu 2 months

Gambling

Sarasota gambling raids seize 69 machines as enforcement expands

Suswati Basu 2 months

Prediction Markets

Federal agencies seek injunction against Rhode Island event contract restrictions

Suswati Basu 2 months

Marves Fairley, known as Vezino Locks, speaks during a podcast interview amid the federal NBA sports betting and gambling investigation involving Terry Rozier and Damon Jones.

Betting

Marves Fairley pleads guilty as NBA betting probe widens

Suswati Basu 2 months

Kalshi prediction markets platform branding alongside the Minneapolis, Minnesota skyline and bridge, illustrating the company's legal challenge to Minnesota's prediction market ban.

Prediction Markets

Kalshi sues Minnesota over prediction markets felony ban before August

Suswati Basu 2 months

Prediction Markets

Tribal coalition urges appeals court to reject Kalshi betting theory challenge in Tennessee

Suswati Basu 2 months

Chart showing the Kalshi American Power Index (KPOW), a prediction-market-based measure of U.S. political power. The graph tracks shifts between Democratic and Republican influence from April to May 2026, rising from a Democratic-leaning position to approximately +2.5R, indicating a Republican advantage. The index combines current political control with market expectations to gauge the balance of power in American politics.

Prediction Markets

Kalshi launches political power index amid scrutiny over prediction markets

Suswati Basu 2 months

Prediction Markets

CFTC moves into Rhode Island fight over prediction market authority

Suswati Basu 2 months

Casino

Fertitta Entertainment strikes multibillion dollar deal to acquire Caesars operations

Suswati Basu 2 months

Prediction Markets

Kalshi and Arizona regulators seek paused appeal while Ninth Circuit weighs cases

Suswati Basu 2 months

Gemini crypto trading app displayed on smartphone and tablet showing Bitcoin price charts, digital asset portfolio management, and cryptocurrency exchange interface. CFTC retreats from Gemini Bitcoin futures enforcement case amid controversy

Gambling

CFTC retreats from Gemini Bitcoin futures enforcement case amid controversy

Suswati Basu 2 months

Person using Google search on laptop amid CFTC investigation into alleged Polymarket insider trading involving Google Year in Search data.

Prediction Markets

Regulators accuse Google engineer of profiting through Polymarket insider trading scheme

Suswati Basu 2 months

FBI seal displayed inside courtroom during federal fraud investigation involving Justice Department contractor phone theft gambling scheme

Gambling

Justice Department contractor sentenced after gambling away government phone fraud proceeds

Suswati Basu 2 months

Prediction Markets

DraftKings pushes deeper into federally regulated sports prediction markets through Railbird

Suswati Basu 2 months

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