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Sacramento beauty queen admits $10M investment fraud funding gambling and trips
A Sacramento beauty queen who admitted running a multimillion-dollar investment fraud scheme also used a portion of the...

Digital betting boom reshapes American gambling habits raising financial harm concerns
A new report argues that gambling in the United States no longer sits on the margins of financial life. Instead, resear...

Polymarket partners with Palantir and TWG AI to monitor sports prediction markets
Polymarket says it is working with Palantir Technologies and TWG AI to build a monitoring system designed to detect sus...

US lawmakers propose ban on death betting prediction markets
Members of Congress are moving to block a controversial corner of the prediction market industry by introducing legisla...

Federal judge rejects emergency injunction bid from prediction market Polymarket in Michigan
A federal judge in Michigan has declined to step in immediately to shield prediction market Polymarket from possible en...

California cardrooms sue to block new gambling rules threatening jobs
California’s cardroom industry has taken the state to court over newly approved gambling rules, warning the changes c...

Inspired Entertainment extends bet365 virtual sports partnership ahead of World Cup
Inspired Entertainment and bet365 are continuing a long-running collaboration around virtual sports, with both companies agreeing to a new multi-year extension that focuses on expanding betting featu...

Ohio federal judge rejects Kalshi injunction over sports event prediction markets dispute
A federal judge in Ohio has denied prediction-market exchange Kalshi’s request for a preliminary injunction that would have blocked state regulators from enforcing Ohio’s sports-gambling laws aga...

MLS issues lifetime bans to two former players over betting scandal
Major League Soccer has permanently banned two former players after investigators concluded they gambled on league matches and passed along insider details to other bettors. The league announced M...

Jalen Smith pleads guilty in sweeping NCAA basketball point shaving scandal
Jalen Smith, one of the alleged fixers of a sprawling basketball point-shaving operation, admitted in federal court in Philadelphia that he played a key role in the scheme that stretched from U.S. co...