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Prediction markets are the latest in a long line of examples of how gambling innovation takes root in the gray areas.
Major prediction markets are embroiled in lawsuits across the country, with some states like Arizona banning some operators altogether. State governments argue that the services are sidestepping necessary gambling licensing laws, while prediction markets maintain they shouldn’t be...
The Kinston Police Department announced that its Violent Crime Action Team has concluded a months-long investigation into what authorities described as an illegal online gambling operation conducted through Facebook.
According to a statement posted by the department, detectives took 51-year-old Quarla Blackwell into custody at her residence in North Carolina on Tuesday (December 23) without...
A finance director who swindled a business based in Birkenhead, England, out of nearly £1.9 million ($2.4 million) has been sentenced to prison after his “predilection for gambling got out of hand.”
Allan Wood, 59, from Saltersgate in Ellesmere Port, appeared at Liverpool Crown Court on Tuesday (December 23) after admitting to four counts of fraud by abuse of position linked to his role at...
The Chicago Blackhawks have announced a new partnership with Kalshi, making history in the process. This is the first time an NHL team and any professional sports team in North America has teamed up with a federally regulated prediction market platform.
The deal, announced Tuesday (December 23), kicks off this week. It includes shared use of logos and trademarks for co marketing, collaborations...
The boss of gambling giant bet365 took home at least £280 million ($379 million) in salary and dividends last year, even though the company’s profits dropped sharply, according to its latest accounts filed at Companies House.
A review of the filing by ReadWrite shows that Denise Coates received £104 million ($141 million) in salary alone. Rather than being highlighted upfront, that figure is...
Miami Heat guard Terry Rozier is now pushing back aggressively in court. A little more than two weeks after pleading not guilty, Rozier has taken the next step in his legal strategy by asking a federal judge to dismiss the charges against him entirely. The case is part of a sweeping federal sports betting investigation that includes more than 30 defendants.
Rozier was arraigned on two counts,...
Chicago is weighing a $16.6 billion city budget, and one part of it is catching the eye of the sports betting world.
The proposal would shake up how sports wagering is taxed inside city limits. Chicago is planning to significantly raise the tax on revenue generated from sports bets placed in the city. That potential increase has already sparked interest and concern among betting operators and...
The Gaming Authority in the Netherlands (KSA) has imposed a half-million euro fine on LeoVegas, on the same day it gives the operator Vbet a warning for ‘shortcomings.’
The €500,000 ($590,000) fine for LeoVegas has come as the regulators said the company didn’t comply sufficiently with duty of care during the period from October 2023 to May 2024.
In the media release, the KSA explained how they...
A contractor has been accused in a post–Hurricane Milton scam, with police alleging he targeted elderly victims and spent upwards of $53,000 at casinos.
Brian Michaud was arrested by Bradenton Police Department on Tuesday (December 16) on 13 felony charges. It was in July 2025 when Detective Michael Carpenter began to investigate complaints made by residents of Seabreeze Mobile Home Park.
BPD...
A British man who funneled money he’d stolen into gambling has been sentenced to seven years in prison, after conning 10 people out of more than £1 million ($1.4 million).
Morgan Reeve, 26, of Wodehouse Road, Hunstanton, was sentenced at Norwich Crown Court on Friday (December 19) after being found guilty of 19 counts of fraud by false representation following a trial.
British man’s gambling-...