Scandal
$450,000 wagered before Polymarket axes Cornell rape-case bet
Polymarket removed a market betting on criminal charges in a Cornell rape case after accusations it profited from sexual violence.
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Showing 1–12 of 352 articles.
Regulation
Chile senate chief wants 15 years for illegal bookies
Chile's senate president has proposed up to 15 years in prison for those promoting illegal betting platforms.
Markets
Kalshi odds sway voters even when they distrust them
A Brennan Center for Justice study finds Kalshi odds shift voter perceptions of election winners, even among sceptics.
Regulation
Premier League shirt ban cuts betting exposure by just 10.5%
A Bristol University study finds the Premier League's front-of-shirt betting ban cut gambling exposure by only 10.5%.
Markets
Sportsbook handle grows 43% & outpaces prediction market taker volume
Prediction market volume jumped 64% in September but sportsbooks grew faster, according to Stifel.
Regulation
Ohio warns sportsbooks: help prediction markets, risk your licence
Ohio has told sports betting & fantasy licensees that helping prediction markets could cost them their licence.
Regulation
FanDuel tells Congress VIP videos weren’t designed to induce betting
FanDuel tells three members of Congress its celebrity VIP videos were not designed to drive gambling.
Markets
Kalshi’s market share slips to 79% as rivals gain ground
Prediction markets topped $82bn in September trading but grew slower than regulated sportsbooks, Stifel finds.
Regulation
L&L Europe agrees £900k settlement over slow payouts & AML gaps
L&L Europe has agreed to pay the UK Gambling Commission £900,000 over withdrawal delays & anti-money laundering failures.
Regulation
18-year-old lost £4,000 in 8 minutes at L&L Europe site
The Gambling Commission has fined L&L Europe for breaching consumer rights law & delaying customer withdrawals.
Scandal
Trabzonspor president banned in betting scandal before Hearts clash
Trabzonspor president Ertugrul Dogan is banned for 45 days after a Turkish betting probe, days before his club hosts Hearts.
Regulation
New Jersey AG asks Supreme Court to rule Kalshi must follow state law
New Jersey's attorney general pushes the Supreme Court to rein in Kalshi over sports event contracts.