Gambling News - 'Sports'
Sports
December 11, 2025
Matchbook Eyes Prediction Market Platform Launch in the UK
Matchbook, a prediction market platform, is planning to introduce its product and services in the United Kingdom early next year, with the news confirmed by interim CEO Ronan McDonagh. The launch could happen as early as January 2026 and serve as a test of the company’s operational capacity before it ventures into the United States, […]
Industry
December 11, 2025
Judge Grants Kalshi Temporary Relief in Betting Dispute
At the start of the month, Connecticut regulators took aim at KalshiEX LLC, Robinhood Derivatives, and Crypto.com, accusing them of running unlicensed gambling operations. The Department of Consumer Protection said their sports wagering contracts broke state law and demanded that all three platforms immediately stop offering bets. A federal judge has now offered Klashi temporary […]
Industry
December 10, 2025
Germany Reviews Gambling Rules Amid Addiction and Offshore Risks
Germany’s gambling regulator, the Gemeinsame Glücksspielbehörde der Länder (GGL), has taken its first concrete step toward closer federal coordination by opening talks with the country’s addiction commissioner. The end goal is to develop a more unified national approach. Targeting Global Threats with Domestic Tools Last week, Ronald Benter, head of the GGL, met with Prof. […]
Industry
December 10, 2025
Prediction Markets Linked to Fake Sports Insiders
A handful of major prediction markets found themselves in an awkward spot this week after it came out that some of the “sports insiders” they’d been associated with weren’t real people at all. Made-Up Reporters Awful Announcing, the platform that describes itself as the “invaluable source of news and commentary related to the sports media […]
Sports
December 10, 2025
SCOTUS Will Have to Weigh in on Ongoing Prediction Market Debate
Kalshi is facing pressure in multiple states, and fellow companies such as Crypto.com and Robinhood – potentially Polymarket before long – are unlikely to avoid the same fate. Kalshi’s rapid growth, however, has made it a prime target for gambling regulators and attorneys general who are continuing to push back against its expansion. Local Lawsuits […]
Industry
December 10, 2025
Trump Hints He May Be Willing to Abolish Tax on Gambling Winnings
President Donald Trump has been known for his off-the-cuff remarks, which have often raised hopes but less often been delivered on. Now, POTUS has suggested that he is inclined to “think about” lifting the tax on gambling winnings. POTUS Says Gambling Winnings Tax Abolishment a Possibility This suggestion, as exciting as it sounds, is controversial […]
Business
December 10, 2025
Paramount’s Surprise Strike on Warner Bros Rattles US Sportsbooks
Paramount’s unexpected move to skip Warner Bros Discovery‘s bosses and reach out to shareholders has changed a tense takeover battle into a real worry for the betting industry. What started as a normal bidding war has become a mad dash with direct effects on live-betting websites, real-time data streams, and the media channels that bookmakers […]
Sports
December 10, 2025
University of Maryland Signals Alarm Over Increase in Gambling Disorders
Researchers from the University of Maryland have published new research in which they indicate that there has been a steady increase in the number of people experiencing gambling-related harm and, specifically, developing a gambling disorder. The Maryland Center of Excellence on Problem Gambling at the University of Maryland School of Medicine tied the increase to […]
Sports
December 9, 2025
Turkey Imprisons 20 Suspects over Wide-Spread Gambling Corruption
A Turkish court has ordered that 20 suspects, among whom are top-flight soccer players from the Super Lig, be sent to prison as the trial is still pending. Turkey Keeps Pressure on Top-Ranking Soccer Insiders Suspected of Placing Bets They are among the people suspected of having abused their positions in order to secure betting […]
Sports
December 9, 2025
Terry Rozier Pleads Not Guilty in NBA Gambling Case
Terry Rozier appeared in federal court on Monday, where he pleaded not guilty to charges that accuse him of helping gamblers place winning bets tied to his performance in an NBA game. $3 Million Bond Secured with Luxury Properties The 31-year-old Miami Heat guard faces wire fraud and money laundering conspiracy charges connected to a […]