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Connecticut Governor Ned Lamont is pushing to tighten oversight of prediction markets, rolling out a bill that would block anyone under 21 from using the platforms or seeing ads aimed at them. The proposal lands as state regulators are already cracking down on companies they say have crossed into unlicensed sports wagering, putting new attention on how these markets operate.
The proposal,...
Fraudulent Lakeland tax preparer Jeffrey Dixon, who used falsified gambling winnings and losses to defraud the IRS, has been sentenced to four years and nine months in federal prison after pleading guilty last summer.
The Florida local pleaded guilty to conspiracy to commit wire fraud and aiding and assisting in the filing of false and fraudulent tax returns on August 5, 2025 and received his...
The judge ruling on suspended Osceola County Sheriff Marcos Lopez‘s case has denied a motion to compel discovery as the proceedings continue.
On Thursday, February 5, a Florida judge denied a motion from the defense team of Osceola County Sheriff Marcos Lopez to compel the prosecution to provide discovery in the illegal gambling case. Lopez is charged with using his influence as sheriff to...
The Seattle Seahawks and New England Patriots will go head-to-head in Super Bowl LX, opening up plenty of opportunities to bet via prediction markets.
For many, half of the fun of big sporting events like Super Bowl LX is betting on outcomes, and there’s plenty to choose from on prediction market giants Polymarket, Kalshi, and Gemini this weekend. The obvious one is, of course, the winner...
Kalshi CEO Tarek Mansour has outlined the actions the prediction market platform has taken to block insider trading.
CEO and founder Tarek Mansour has taken to X to outline the company’s approach to insider trading, as concern around the potential for such practices on prediction markets abound. Brought into sharper focus by a $400,000 payout on Polymarket based on the arrest of Venezuelan...
A New York man has filed a proposed class action lawsuit in federal court accusing the operators of the Polymarket website of running an illegal online sports gambling platform while presenting it as a lawful “prediction market.”
The complaint, filed February 4 in the U.S. District Court for the Southern District of New York, was brought by Lorenzo Miro San Diego. He says he is suing on his...
Boyd Gaming Corporation reported higher revenue for both the fourth quarter and full year 2025, while a major asset sale delivered a sharp boost to annual net income, the company said Thursday.
For the three months ended December 31, Boyd, which operates casinos and resorts across the United States, generated $1.1 billion in revenue. That was up from roughly $1 billion in the same period a...
MGM Resorts International reported solid financial results for the fourth quarter and full year 2025, driven by revenue increases across key business segments and strong cash returns from strategic investments. The company released its earnings after the market closed Thursday, detailing improved earnings and expanded performance in digital and international operations.
In the quarter ended...
Genius Sports Limited confirms a $1.2 billion deal to acquire sports and gambling media network Legend, creating a “fully integrated sports and gaming media network”.
Genius Sports announced the $1.2 billion acquisition of Legend on February 5, with $900 million paid out at closing and an earnout of up to $300 million. The big-figure deal is anticipated to bring in $1.1 billion in Group...
Illinois authorities have sent more than 60 cease-and-desist letters to alleged illegal online casino and online sweepstakes gaming platforms operating in the state.
The Illinois Gaming Board (IGB) and the state Attorney General’s office have joined forces to issue over 60 cease-and-desist letters to companies that are allegedly operating illegal online casino and online sweepstakes gaming...