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A Doncaster woman who drained almost £300,000 ($409,000) from her former partner’s injury compensation to bankroll a gambling addiction has been sentenced at Nottingham Crown Court.
Victoria Hampton, 44, who now goes by Victoria Burke, was convicted after a trial in November 2025. Jurors heard how she diverted at least £286,000 ($390,000) from a trust created to safeguard her partner’s money...
NBA Commissioner Adam Silver says the league is keeping a close watch on the fast-changing world of prediction markets, but he made clear he does not see Giannis Antetokounmpo’s investment in Kalshi as a major issue.
Speaking with reporters during All-Star Weekend, Silver addressed questions about the Milwaukee Bucks star’s financial stake in the federally regulated prediction market platform...
Massachusetts gambling regulators are sending a marketing case involving BetMGM straight to a formal hearing after learning that tens of thousands of promotional emails went out to people whose ages could not be verified, including minors and individuals on exclusion lists.
The issue came up during the commission’s livestreamed meeting on Thursday (February 12). Senior Enforcement Counsel...
Rivalry Corp. is pulling back sharply on its day-to-day business as its board considers what comes next for the company.
The Toronto-based online betting and gaming operator said Friday (February 13) that directors have signed off on a major scale-down of operations. The move comes after months of uneven performance that have put pressure on the business and forced leadership to rethink its...
Ethereum co-founder Vitalik Buterin says he’s growing uneasy about the direction prediction markets are taking, warning that platforms were heading towards becoming ‘corposlop.’
“Recently I have been starting to worry about the state of prediction markets, in their current form,” Buterin wrote on X. He pointed out that the sector has matured in visible ways. Trading volumes are now large...
Cleveland Guardians closer Emmanuel Clase is now accused of taking part in a pitch-fixing scheme that extended into the postseason, according to federal prosecutors.
A superseding indictment unsealed in federal court in Brooklyn alleges that Clase, along with fellow pitcher Luis Leandro Ortiz Ribera and Robinson Vasquez Germosen, conspired to predetermine certain pitches in Major League...
Two California investors are taking Crypto.com to federal court in Miami, Florida, accusing the company of running what they describe as a nationwide sports betting business under the cover of financial trading.
The proposed class action, filed in the U.S. District Court for the Southern District of Florida, names North American Derivatives Exchange Inc., which operates as Crypto.com, along...
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...