Industry
December 8, 2025
Turkey Orders Arrest of Top-Tier Soccer Players Amid Match-Fixing Scandals
Turkey continues its investigation of insider betting in the country’s professional soccer scene as prosecutors have ordered the detention of 46 individuals, including top-league soccer players, club presidents, commentators, and others, on suspicion of participating in the practice. Turkish Authorities Arrest High-Ranking Soccer Players and Officials Turkey’s ongoing investigation into match-fixing has sent shockwaves through […]
Sports
December 8, 2025
Bet365 Brings Out Warchest as It Splurges on Marketing in the US
Bet365 has made determined steps in the market in the United States, focusing on both iGaming and sports betting, and, as recently as July 2025, the company splurged $135 million for new digs in Denver, Colorado. Bet365 Maintains Marketing Spending at a Time When Others Are Battening Down the Hatches Now, the company has been […]
Sports
December 8, 2025
Kalshi Pushes Back Against Connecticut’s Bid to Limit Operations
Kalshi has been pushing back against legal pressure. Despite a setback in Nevada, the platform has won another injunction in an order to continue operating in the Silver State, as a final decision in the case of whether the platform’s products fall under local gaming laws is reached. At the same time, Kalshi is litigating […]
Sports
December 8, 2025
MLB Memo Prohibits Players From Using Prediction Markets
Prediction-market companies insist they are not gambling platforms, a distinction federal regulators have accepted, allowing them to offer sports-related contracts even in states where sports betting is restricted. However, not everyone in professional sports is convinced. Late in the 2025 season, Major League Baseball sent a memo to all players prohibiting participation in baseball-related prediction […]
Sports
December 8, 2025
CNBC to Add Kalshi Prediction Data to 2026 Coverage
Klashi, the largest prediction market in the world, has announced it will team up with CNBC in a multi-year partnership aimed at bringing real-time prediction-market data to its TV shows, digital channels, and subscription platforms starting in 2026. “Powerful Complement to CNBC’s Reporting” The move is a first for a major financial newsroom and aims […]
Sports
December 8, 2025
LeBron James’ 18-Year 10+ Point Streak Ends, Costs Bettor $15K
LeBron James has been on a roll – since January 6, 2007, when he started clocking in at least 10 points per game. Over the years, it became known that should James were playing, he would score a minimum of ten points. 18-Year Streak Ends, Bettor Loses Thousands on -2600 Odds Bet This has gone […]
Sports
December 8, 2025
Prediction Markets Turn Tragic Conflict Into Casino
As the war in Ukraine continues, prediction markets have begun to profit from the suffering. Prediction markets are offering people the opportunity to make bets on how territories will shift, when ceasefires might be announced, and even if things will go nuclear. The pools of these bets have become worth millions. Prediction markets are undermining […]
Sports
December 5, 2025
Betfred Australia to Launch Crown Resorts-branded Fixed Odds Sportsbook
Betfair Australia, a wholly-owned subsidiary of Crown Resorts, has announced plans to roll out a fixed odds sportsbook that will run under the name of CrownBet, establishing a new betting major. CrownBet Set to Make a Return in Australia as BetMakers and Betfair Ready for the Launch The idea, based on Inside Asia Gaming’s reporting, […]
Industry
December 5, 2025
Trader Accused of “Milking Polymarket” with Insider Google Data
A post on X has kicked off a wave of speculation about a Polymarket trader who reportedly made a staggering $1 million in a single day by betting on Google search-related markets. “This Isn’t a Lucky Streak.” The poster claims the trader, known on the platform as “AlphaRacoon,” isn’t just unusually accurate but may actually […]
Sports
December 4, 2025
BetMakers Extends Global Racing Deal with Penn Entertainment
BetMakers Technology Group has secured a new three-year deal with Penn Entertainment to handle the international distribution of its racing content, starting January 1, 2026. The agreement includes an option to extend for an additional year and builds on a partnership that began in 2022. Exclusive Global Distributor Position, Reaffirmed According to the terms of […]
