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From Trading Places to war markets: how insider trading slipped into prediction platforms
In the 1983 film Trading Places, two wealthy brothers set out to rig the commodities market by getting their hands on a secret government crop report. Eddie Murphy’s character uses that stolen prev...

Former New York real estate developer Joshua Schuster admits investor fraud and gambling losses scheme
A once-prominent New York City real estate developer has admitted in federal court that he cheated investors who trusted him with their money for luxury property deals to fuel a gambling habit. Jo...

Michigan child modeling scout accused of gambling away millions in fraud case
A woman from New Boston, Michigan, is now facing federal prosecution after authorities say a multimillion-dollar investment meant to launch a child modeling career was instead funneled into online ga...

Bondi Junction solicitor charged over alleged massive $15M gambling theft
A solicitor from Bondi Junction is facing serious criminal charges after police alleged he siphoned almost AUD 15 million ($10.6 million) from his own clients and funnelled the money into gambling. ...

Super Technologies expands Sportradar partnership to power global betting growth
Super Technologies is widening its long-standing partnership with sports technology giant Sportradar AG, a move the company says will help drive its next phase of international expansion. The grou...

Louisiana bill targets sweepstakes sites and their financial backers
Louisiana lawmakers are preparing for a major fight over sweepstakes websites in the 2026 Regular Session, as a newly filed proposal aims to widen the state’s power to shut down what it considers i...

Khamenei market meltdown on Kalshi shows how prediction markets still can’t decide what ‘counts’
For a platform that insists its rules were “clear from the outset,” Kalshi has spent the last several days explaining itself over and over again, often in slightly different ways, after one of it...

Democratic senators question CFTC staffing cuts in Chicago enforcement office
Five Democratic senators are demanding clarity from the nation’s top derivatives regulator after learning that its Chicago enforcement team may have been dramatically reduced. In a letter issued...

Central Florida gambling crackdown nets cash machines in statewide sweep
Law enforcement agencies fanned out across Central Florida this week, shutting down dozens of illegal gambling storefronts and hauling away stacks of cash and hundreds of machines. The Volusia Cou...

Sacramento deputies dismantle sprawling illegal gambling network after lengthy investigation
Sacramento County detectives say they have broken up what they describe as a “large-scale illegal gambling network operating in our region and impacting residential communities,” the result of an...