Sports
November 11, 2025
California Tribes Fail in Attempt to Stop Kalshi’s Sports Event Contracts
A federal judge has turned down three California tribes’ effort to prevent prediction market operator Kalshi from offering sports-related event contracts on tribal lands. This decision is an early blow to the tribes in their ongoing legal battle over whether such markets are allowed under federal and tribal law. Kalshi Cleared to Continue Sports Contracts […]
Sports
November 11, 2025
MLB Partners with Major Sportsbooks to Enforce $200 Cap on Pitch-Level Bets
Major League Baseball (MLB) has put new limits on micro-betting, setting a $200 cap on bets for single pitches and taking them out of parlay options. They shared this news on Monday, just a day after two Cleveland Guardians pitchers faced federal charges for changing pitch results to make money from gambling. Rob Manfred Announces […]
Sports
November 11, 2025
Cleveland Pitcher Luis Ortiz Released on $500,000 Bail
Cleveland Guardians pitcher Luis Ortiz walked free on $500,000 bail on Monday after showing up in a Boston federal courtroom. He faces claims of taking bribes linked to illegal sports betting. Prosecutors say Ortiz and teammate Emmanuel Clase took money from gamblers in the Dominican Republic. In return, they tried to sway the outcome of […]
Sports
November 10, 2025
NBA Gambling Scandal Deepens Amidst Alleged Mob Ties
The NBA’s long-running gambling controversy reached a new turning point this week as a Brooklyn court heard several of the 34 defendants arrested in the sprawling federal investigation. Prosecutors note that the case unites two distinct but intertwined criminal operations. One involved rigged sports bets on NBA games, and another organized mob-backed poker games that […]
Sports
November 10, 2025
Cleveland Guardians in the Midst of a Baseball Betting Scandal
The Cleveland Guardians are willing to cooperate with a new investigation that has targeted two of their pitchers – Emmanuel Clase and Luis Ortiz, both of whom are said to have colluded with other conspirators to place bets, fumble plays, and score wins on betting outcomes. MLB Pitchers Let Down Fans and the League The […]
Sports
November 10, 2025
NCAA Bans Six Players Over College Basketball Betting
The National Collegiate Athletic Association (NCAA) announced at the end of last week that six men’s college basketball players had their eligibility revoked following their involvement in three separate sports-betting cases. Information Leakage and Game Manipulation The investigations found that some of the athletes either manipulated their performances to lose games, missed spreads, or provided […]
Sports
November 7, 2025
Ex-NBA Player Damon Jones Rejects Claims in Federal Gambling Lawsuit
Damon Jones, who used to play guard and coach in the NBA, said he was not guilty in federal court on Thursday. He denied claims that he sold secret team information and joined in on rigged poker games linked to the mob. Federal Probe Ties Ex-NBA Player Damon Jones to Leaked Injury Tips and Rigged […]
Blockchain
November 6, 2025
Gemini Eyes Prediction Markets Amid Rising Competition
NASDAQ-listed Gemini Space Station, the crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, is looking to enter prediction markets, joining the wave of companies looking to take advantage of bets on elections, sports, and other real-world events. Upcoming Derivatives Exchange from Gemini The company has filed with the Commodity Futures Trading Commission (CFTC) […]
Casino
November 6, 2025
Florida Judge Throws Out Challenge to Seminole Tribe Sports Betting Deal
A Florida circuit judge has tossed a lawsuit that tried to cancel the state’s gambling compact with the Seminole Tribe. The judge ruled that the group behind the challenge did not have the right to bring the case. This decision is another win for the 2021 agreement that made statewide online sports betting legal under […]
Industry
November 6, 2025
Northern Territory Gambling Watchdogs Ban Gifts from Betting Companies
Australia’s top online gambling watchdog has put a stop to all corporate freebies from betting companies while they work on new rules to boost ethics and win back public confidence. Regulator Promises Stronger Safeguards Following Hospitality Controversy The Northern Territory Racing and Wagering Commission (NTRWC), which gives licenses to over 40 online bookies, said its […]
