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Federal prosecutors say a 31-year-old Jamaican citizen is now facing serious charges in Connecticut over what they describe as a yearslong sweepstakes scam that drained millions of dollars from older Americans.
Court documents unsealed in New Haven lay out allegations that Richard Murray and several others operated the scheme beginning as early as 2018. Investigators say victims were...
A 24-year-old man with ties to Wolcott, Connecticut, is facing federal charges after prosecutors say he ran a crypto investment scam and funneled nearly $1 million of victims’ Bitcoin into online bets on the offshore gambling site Stake.com.
A grand jury in New Haven returned the 21-count indictment on January 20, and authorities unsealed it this week. Federal prosecutors allege that Elmin...
Israeli authorities have charged a military reservist and a civilian with using secret army information to place bets on the online prediction platform Polymarket, a case that has set off alarm bells inside the country’s defense establishment.
The indictments follow a joint probe carried out by the Defense Ministry, the Shin Bet security agency and the Israel Police. Investigators detained...
MyPrize is bringing another recognizable name into its lineup of celebrity talent. The Miami-based social gaming and entertainment company announced Thursday that actor and comedian Marlon Wayans has signed on as a Premier Creator.
Under the deal, Wayans will produce original content for the platform, appearing in livestreams, hosting interactive sessions and launching his own multiplayer...
More than 20 people have been charged after it was discovered that a network of organizations has obtained NZD 3.2 million ($1.9 million) in fraudulent gambling grant funds.
The network included six charities and incorporated societies, found to have fraudulently gained $3.2 million in gambling grant funds. 23 people were charged in the Auckland District Court on Thursday (February 12), with...
Building on its pivot into prediction markets, gambling giant DraftKings has confirmed it will launch a market-making arm in the new sector.
DraftKings has made its focus on prediction markets moving forward clear in a letter to its shareholders, published on Thursday (February 12), alongside the company’s quarterly report. As well as collaborating with Crypto.com to spawn the prediction...
Nevada Congresswoman Dina Titus has filed a discharge petition to force a House vote on a gambling tax bill.
Titus has encountered various obstacles to get her FAIR BET Act this far, first attempted back in July 2025, but has been facing hiccups like opposition to adding it as an amendment. The bill seeks to undo the tax provisions in President Trump’s ‘Big Beautiful Bill’, arguing that it...
CFTC names 35 members including Kalshi, Polymarket, and DraftKings CEOs to Innovation Advisory Panel
Federal derivatives regulators have filled out the membership of a new advisory group designed to keep pace with fast-moving changes across financial markets.
On Thursday (February 12), the Commodity Futures Trading Commission (CFTC) released the complete list of 35 people who will sit on its newly created Innovation Advisory Committee. The panel pulls in executives and experts from across...
The Alcohol and Gaming Commission of Ontario (AGCO) is seeking to sideline sports betting operator PointsBet Canada for five days, saying the company failed to properly flag and report questionable wagers connected to a high-profile NBA gambling controversy.
On Thursday (February 12), the province’s gambling watchdog issued a Notice of Proposed Order that would temporarily suspend PointsBet’s...
FanDuel says it will stop taking credit card deposits for its Sportsbook, Casino and Racing platforms across the country beginning March 2, 2026. The change applies everywhere it operates in the United States and covers every type of credit card funding, including cards connected through digital wallets such as Apple Pay, PayPal and Venmo.
Customers who currently use credit cards will need to...