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Suswati Basu @ ReadWrite · 03/11/2026 06:45 EDT

US lawmakers propose ban on death betting prediction markets

Members of Congress are moving to block a controversial corner of the prediction market industry by introducing legislation that would… Continue reading US lawmakers propose ban on death betting prediction markets Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/11/2026 06:13 EDT

Federal judge rejects emergency injunction bid from prediction market Polymarket in Michigan

A federal judge in Michigan has declined to step in immediately to shield prediction market Polymarket from possible enforcement by… Continue reading Federal judge rejects emergency injunction bid from prediction market Polymarket in Michigan Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/11/2026 05:43 EDT

California cardrooms sue to block new gambling rules threatening jobs

California’s cardroom industry has taken the state to court over newly approved gambling rules, warning the changes could slash jobs… Continue reading California cardrooms sue to block new gambling rules threatening jobs Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/10/2026 08:51 EDT

Inspired Entertainment extends bet365 virtual sports partnership ahead of World Cup

Inspired Entertainment and bet365 are continuing a long-running collaboration around virtual sports, with both companies agreeing to a new multi-year… Continue reading Inspired Entertainment extends bet365 virtual sports partnership ahead of World Cup Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/10/2026 08:21 EDT

Ohio federal judge rejects Kalshi injunction over sports event prediction markets dispute

A federal judge in Ohio has denied prediction-market exchange Kalshi’s request for a preliminary injunction that would have blocked state… Continue reading Ohio federal judge rejects Kalshi injunction over sports event prediction markets dispute Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/10/2026 07:33 EDT

MLS issues lifetime bans to two former players over betting scandal

Major League Soccer has permanently banned two former players after investigators concluded they gambled on league matches and passed along… Continue reading MLS issues lifetime bans to two former players over betting scandal Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/10/2026 07:03 EDT

Jalen Smith pleads guilty in sweeping NCAA basketball point shaving scandal

Jalen Smith, one of the alleged fixers of a sprawling basketball point-shaving operation, admitted in federal court in Philadelphia that… Continue reading Jalen Smith pleads guilty in sweeping NCAA basketball point shaving scandal Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/10/2026 06:31 EDT

Valve faces federal class action lawsuit claiming loot boxes run illegal gambling system

A new proposed class action lawsuit is accusing video game company Valve of running what plaintiffs describe as an illegal… Continue reading Valve faces federal class action lawsuit claiming loot boxes run illegal gambling system Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 11:11 EDT

Underdog buys Aristotle exchange licenses to launch US sports prediction market

Underdog is moving deeper into prediction markets after buying two federally regulated exchange entities, a step that will allow the… Continue reading Underdog buys Aristotle exchange licenses to launch US sports prediction market Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 10:54 EDT

Women remain minority among Spain online gamblers but participation rising rapidly

Women still account for a relatively small portion of Spain’s online gambling market, yet their numbers are climbing quickly. New… Continue reading Women remain minority among Spain online gamblers but participation rising rapidly Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 10:21 EDT

NSW regulators warn gambling companies over influencer marketing and online promotions

Regulators in New South Wales are starting to pay closer attention to a fast-growing part of the gambling industry aka… Continue reading NSW regulators warn gambling companies over influencer marketing and online promotions Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 08:55 EDT

Australia’s communications regulator has moved against six licensed wagering companies after investigations found they failed to follow safeguards meant to… Continue reading Australian regulator penalizes six betting firms over BetStop failures protecting self-excluded Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 08:31 EDT

A federal judge has thrown out, at least for now, a lawsuit filed by the Morongo Band of Mission Indians… Continue reading Federal judge dismisses Morongo tribe lawsuit challenging California gaming compact provisions Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 07:35 EDT

Bipartisan lawmakers propose limits on prediction markets involving war, elections, and sports

A bipartisan pair of lawmakers in the House wants federal regulators to clamp down on certain prediction markets, arguing that… Continue reading Bipartisan lawmakers propose limits on prediction markets involving war, elections, and sports Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 06:59 EDT

Kalshi sued by traders over disputed Khamenei prediction market payout fight

Two California traders have filed a federal class action lawsuit accusing prediction market operator Kalshi of misleading users and refusing… Continue reading Kalshi sued by traders over disputed Khamenei prediction market payout fight Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 06:32 EDT

Two former North Carolina A&T men’s basketball players have been declared ineligible after declining to cooperate with an NCAA investigation… Continue reading Former North Carolina A&T players ruled ineligible during NCAA betting investigation Read more ›

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ReadWrite
Suswati Basu @ ReadWrite · 03/09/2026 06:08 EDT

DraftKings and ESPN link sports betting to March Madness bracket contests

DraftKings and ESPN are preparing a new account-linking feature that will connect sports betting directly with the massive college basketball… Continue reading DraftKings and ESPN link sports betting to March Madness bracket contests Read more ›

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ReadWrite
Suswati Basu @ ReadWrite 1 place · 03/06/2026 09:44 EDT

Federal crackdown targets 18th Street gambling and drug network at MacArthur Park

Federal authorities arrested 12 alleged members and associates of the 18th Street gang Thursday (March 5), saying the group ran… Continue reading Federal crackdown targets 18th Street gambling and drug network at MacArthur Park Read more ›

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ReadWrite
Suswati Basu @ ReadWrite 2 place · 03/06/2026 09:15 EDT

Spanish police bust gambling money laundering ring exploiting Ukrainian war refugees

Spanish police have arrested 12 people accused of running a criminal network that washed millions of euros through online gambling… Continue reading Spanish police bust gambling money laundering ring exploiting Ukrainian war refugees Read more ›

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ReadWrite
Suswati Basu @ ReadWrite 3 place · 03/06/2026 07:27 EDT

Entain warns higher UK gambling taxes risk boosting illegal betting market amid £681M Q4 loss

Ladbrokes’ parent company, Entain, says a sharp rise in UK gambling taxes has already taken a heavy financial toll and… Continue reading Entain warns higher UK gambling taxes risk boosting illegal betting market amid £681M Q4 loss Read more ›

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20.04.2026 04:02
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