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Suswati Basu @ ReadWrite · 09/15/2025 07:44 EDT

Olympia man sentenced for $900K embezzlement fueling gambling addiction

A 48-year-old man from Olympia was sentenced on Thursday (September 11), in a US District Court in Tacoma to 18
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ReadWrite
Rachael Davies @ ReadWrite · 09/15/2025 06:49 EDT

SGLA argues California sweepstakes ban shows ‘complete disregard for facts’

The Social Gaming Leadership Alliance (SGLA) has shared a statement of its disappointment in the passing of the California sweepstakes
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ReadWrite
Suswati Basu @ ReadWrite · 09/15/2025 05:23 EDT

Affidavit reveals details in $21M illegal gambling case involving ex-Osceola sheriff Marcos Lopez

A newly unsealed affidavit is giving more details about the big illegal gambling investigation that ended with the arrest of
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ReadWrite
Rachael Davies @ ReadWrite · 09/15/2025 05:00 EDT

Kalshi sued by the state of Massachusetts for illegal sports gambling

The state of Massachusetts has filed a lawsuit against prediction market platform Kalshi for allegedly offering unlicensed sports gambling. The
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ReadWrite
Suswati Basu @ ReadWrite 1 place · 09/12/2025 12:34 EDT

Jay-Z champions Caesars Palace Times Square casino as cultural investment

Shawn “Jay-Z” Carter stepped up as one of the biggest supporters of the Caesars Palace Times Square proposal as public
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ReadWrite
Suswati Basu @ ReadWrite 2 place · 09/12/2025 11:33 EDT

GambleAware shares concern as gambling harm figures double

GambleAware, the United Kingdom’s leading charity on prevention and treatment for gambling harm, has shared concern that statistics have doubled
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ReadWrite
Joel Loynds @ ReadWrite 3 place · 09/12/2025 10:47 EDT

Hong Kong basketball gambling gains support from 77 councillors

Hong Kong might be gearing up to change its sports gambling restrictions, as officials have endorsed a bill that could
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ReadWrite
Joel Loynds @ ReadWrite · 09/12/2025 09:35 EDT

NFL on Fox partners with Kalshi as sports bets dominate platform

Kalshi has ripped off the band-aid, launching its venture in sports wagering. The prediction market is now offering straight-up bets, instead
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ReadWrite
Suswati Basu @ ReadWrite · 09/12/2025 08:49 EDT

Police in Philippines raid illegal online gambling group

Officers of the Quezon City Police District (QCPD) based in the Philippines conducted a raid on an illegal online gambling
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ReadWrite
Joel Loynds @ ReadWrite · 09/12/2025 07:34 EDT

Charlie Kirk related bets scrubbed from Kalshi as Polymarket leaves them up

Kalshi has been working overtime to erase any bets on its prediction market that involve Charlie Kirk. The conservative activist
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ReadWrite
Joel Loynds @ ReadWrite · 09/12/2025 06:31 EDT

Controversial streamer N3on partners with Iggy Azalea on crypto casino

Mikyle Rafiq, better known as YouTuber and streamer N3on, has partnered with musician Iggy Azalea to become the co-owner of
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ReadWrite
Suswati Basu @ ReadWrite · 09/12/2025 04:54 EDT

Arizona Department of Gaming issues $1.3M sweepstake ban order

The Arizona Department of Gaming (ADG) has issued a cease-and-desist order to a sweepstakes provider in the state. The company
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ReadWrite
Suswati Basu @ ReadWrite · 09/12/2025 04:38 EDT

NCAA investigates 13 student-athlete sports betting violations

The National Collegiate Athletic Association (NCAA) is looking into sports betting concerns the organization has in relation to thirteen student-athletes,
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ReadWrite
Joel Loynds @ ReadWrite · 09/11/2025 11:05 EDT

Seminole Gaming’s COO speaks out against rise in illegal gambling in Florida

Seminole Gaming’s COO, David Hoenemeyer, has released a statement as Florida wrestles with a rising illegal gambling industry. In recent
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ReadWrite
Joel Loynds @ ReadWrite · 09/11/2025 09:21 EDT

Man jumps overboard from cruise after racking up $16,000 in gambling debts

Turbulent seas ahead, as a passenger decided to jump overboard from his cruise, with suspicions it was to avoid his
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ReadWrite
Joel Loynds @ ReadWrite · 09/11/2025 08:25 EDT

Light & Wonder plans to crush debt with $1 billion unsecured notes

Light & Wonder, Inc. has a new plan to repay its outstanding debt by offering $1 billion in “aggregate principal
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ReadWrite
Suswati Basu @ ReadWrite · 09/11/2025 07:07 EDT

Third Circuit judges appear skeptical of New Jersey in Kalshi case

The Third Circuit Court of Appeals heard arguments this week in Kalshi v New Jersey, a closely watched case testing
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ReadWrite
Joel Loynds @ ReadWrite · 09/11/2025 06:04 EDT

NCAA boots gambling students after they won over $16K betting on themselves

The National Collegiate Athletic Association (NCAA) has released a statement after it uncovered three student-athletes were involved in gambling on
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ReadWrite
Suswati Basu @ ReadWrite · 09/11/2025 05:35 EDT

NBA begins standalone Malik Beasley investigation

The National Basketball Association (NBA) has announced that free agent Malik Beasley is the focus of an ongoing investigation. Beasley
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ReadWrite
Suswati Basu @ ReadWrite · 09/11/2025 04:35 EDT

Four in five voters think prediction markets should face stricter regulations

Research from the American Gaming Association (AGA) shows that four out of five American voters believe sports prediction markets should
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