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Generative AI (GenAI) is expanding so quickly that security professionals are struggling to track its impact. Right now, employees are drafting their emails and reports using ChatGPT as their writing assistant, and sales teams are piping customer relationship management (CRM) data directly into AI assistance tools. Some developers are even connecting their code repositories to Copilot. Many...
A group of U.S. senators from both parties is targeting sports-related prediction markets, introducing a bipartisan bill that would outlaw the contracts altogether. The move ramps up an ongoing clash over whether these platforms function as legitimate financial tools or simply unregulated gambling in disguise.
Early reaction from the advocacy group Gambling is Not Investing was blunt.
“...
Authorities in Bexar County moved again Thursday (March 19) to shut down what they describe as an illegal gambling operation in San Antonio, returning to a property that has already drawn law enforcement attention in recent years. The enforcement action unfolded alongside two separate animal cruelty investigations elsewhere in the county.
Sheriff Javier Salazar said investigators with the...
Polymarket has revised its trading rules, adding tighter controls as prediction markets draw closer attention from regulators and competitors. The company announced the updated standards apply across both its decentralized finance platform and its regulated U.S. exchange, with a focus on clearer boundaries for trading behavior.
The new rules now sit inside the Terms of Use for its DeFi...
A staffer pretending to be 15 logged onto an online gaming site and began placing bets. For days, nothing stopped him. No warning, no verification, no barrier. Only after he won a $75 gift card did the platform ask his age.
For New York State Senator Joseph Addabbo Jr., the episode crystallized what he sees as a dangerous gap in oversight.
“It is gambling,” he told ReadWrite. “Whenever an...
Kentucky lawmakers are moving forward with a wide-ranging bill that would overhaul how the state regulates fantasy contests, sports betting, and charitable gaming, with the proposal now sitting in the Senate for further consideration.
The measure, known as House Bill 904, passed the House on March 19 with a 79–15 vote. It reached the Senate the next day and was sent to the Committee on...
Aristocrat Interactive is pulling the plug on its white-label iGaming business and shutting down its Malta office, a decision that will affect roughly 120 employees.
News of the move first surfaced in a LinkedIn post by AML Manager Ambra Battiston, who wrote:
“IT’S OFFICIAL! Aristocrat Interactive (formerly Aspire Global) is winding down its White Label business. As a result, the office in...
The NCAA has filed a federal lawsuit against DraftKings, accusing the sportsbook operator of improperly using some of its most recognizable basketball tournament trademarks. The case, lodged in Indianapolis, claims the company’s actions create a misleading connection between college sports and gambling.
The NCAA suggests DraftKings’ use of terms like “March Madness,” “Final Four,” “Elite...
A Nevada state judge has stepped in to temporarily block parts of Kalshi’s business, escalating a fast-moving fight over how prediction markets should be regulated.
The First Judicial District Court granted a temporary restraining order requested by the Nevada Gaming Control Board, forcing Kalshi to halt contracts tied to sports, elections, and entertainment events within the state....
Authorities in Johnston County say a joint operation this week uncovered a large stash of drugs, illegal alcohol, cash and gambling equipment at a Benson property.
Deputies with the Johnston County Sheriff’s Office teamed up with North Carolina Alcohol Law Enforcement agents to carry out a search warrant on Wednesday (March 18). The property sits along the 800 block of Dragstrip Road....