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 […]
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 […]
