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Tennessee has sent three cease-and-desist letters to prediction markets, Kalshi, Polymarket, and Crypto.com, demanding an immediate end to operations.
Three major prediction markets have been instructed to cease operations in Tennessee, after the Tennessee Sports Wagering Council sent cease-and-desist letters to Kalshi, Polymarket, and Crypto.com. As shared by gambling lawyer David Wallach, the...
Gaming giants Aristocrat Leisure and Light...
Ten former and current Thai Members of Parliament (MPs) have been exposed for being involved with scam and gambling networks in the country. Thailand’s Justice Minister Pol. Lt. Gen. Rutthaphon Naowarat has said that an operation to put them behind bars could be undertaken.
Naowarat has said that there’s concern over potential political issues that stem from illegally obtained money. It’s a...
The American football wide receiver for the New England Patriots, Kayshon Boutte, has penned an emotional essay as he recalls his gambling addiction in the hope it helps someone else going through the same thing.
Titled ‘How the hell did I get here?’, the essay begins by explaining that at 20 when he had a full ride scholarship at LSU and his future ahead of him, he would start his days by...
DraftKings has been hit with a lawsuit accusing the betting company of breaking wagering laws in seven different states. The multi-state class-action is being headed by Michael Koester, based in Michigan, who claims that DraftKings is allowing players to increase gambling limits, circumventing state law.
This type of law is implemented in Michigan, Colorado, Connecticut, Indiana, Iowa, Louisiana...
A popular Australian poker player has taken to social media to apologize after cheating at a recent event, with the Southern Poker Tour also confirming he is no longer a brand ambassador.
Chris Skinner, who took part at the Poker with Fred New Years Eve game in Cobram, Victoria, did put out a statement on a Facebook profile, but this has now been made private. Within the statement, he said “I...
Cambodia extradites billionaire businessman Chen Zhi to China, where he is accused of running a vast scam empire spanning cryptocurrency, illegal gambling, and labor camps.
Prince Group, the company being used to commit the alleged crimes, has had its operations in Cambodia suspended. The UK has sanctioned the company as a whole. Meanwhile, his extradition to China will see him facing charges,...
Bragg Gaming Group will be undergoing a strategic restructuring, with a reduction to around 12% of its global workforce.
The company says these changes, including the staff reductions, have been designed to “realign the organization” and “thereby improve its overall cost structure, drive its EBITDA growth, and shorten the time required for it to achieve sustained net profitability.”
Bragg Gaming...
FanDuel has been hit with a CAD 350,000 ($252,000) penalty from the Alcohol and Gaming Commission of Ontario (AGCO). The fine comes as the Canadian arm of the sports gambling giant failed to tackle match fixing and “suspicious betting.”
The AGCO found that between October 23 and November 30, 2024, 144 bets were placed via FanDuel that stemmed from three Ontario player accounts. The watchdog...
The prediction market company, Polymarket, will now be integrated during New York Rangers games at Madison Square Garden, following the announcement of a brand-new partnership.
In the shared news, it’s been confirmed that Polymarket has become the Official Prediction Market Partner of the New York Rangers.
Madison Square Garden has named Polymarket as the Official...