Gambling

NYU tax lawyers argue that sports event contracts carry gambling taxes and loss-deduction limits, regardless of their financial-market label.

A Barclays analyst links BetRivers’ perceived frequency of wins to more play, stronger retention and higher revenue per customer.

Pennsylvania lawmakers propose mandatory loss limits, a VIP-program ban and restrictions on rapid-fire bets and individualized gambling promotions.

The NBA pairs trading restrictions and federal information sharing with league branding and nationwide promotion for prediction-market partners.

A Pentagon memo identifies two risks from military-linked wagers: trades can disclose plans, and financial stakes can distort the decisions behind them.

Letters to six companies ask whether personalized perks pull customers back into betting when they try to reduce their activity.

Overseas restrictions expose how much the prediction-market business depends on which regulator gets to call a sports wager gambling.

Utah seeks to stop Kalshi’s event contracts and recover alleged gambling proceeds, putting customer fees at the center of the state–federal dispute.

A reported Senate proposal would require state or tribal permission for sports event contracts, challenging the federal route around local betting restrictions.

Michigan seeks contempt sanctions over Kalshi ads allegedly reaching residents after a court barred sports-betting promotion in the state.

Philip Sullivan's prison sentence follows a gambling spiral that cost his employer $1.4 million and later led him to work with people seeking help.

PointsBet’s failure to report suspicious Jontay Porter wagers exposes a gap in sports betting’s reliance on operators to flag integrity risks.

Polymarket US seeks to block Ohio's gambling enforcement, adding a constitutional challenge to the dispute over who can regulate sports event contracts.

A wager on felony charges in a sexual-assault case drew $451,633 in trading volume before Polymarket removed it, bringing scrutiny to its celebrity endorsements.

Victoria Guida's reported column connects housing frustration to betting's promise of a shortcut, while examining the savings displaced and the safeguards being proposed.

Michael Rubin's advertising forecast puts sportsbooks and prediction markets in the same contest for customers, backed by Fanatics' merchandise and collectibles profits.

Nicole Noren's account of rejected investigations puts ESPN's sportsbook relationships alongside the reporting audiences lose.

Sportsbook-funded political groups are returning to state election advertising, with ads that leave their gambling interests unmentioned.

The NBA restricts bets tied to isolated player actions and adds harassment protections after gambling scandals exposed the risks to athletes and competition.

Louisiana granted a conditional license extension while seeking answers on AI, VIP treatment and advertising; the board has not found wrongdoing.

WIRED examines suspicious trading in long-open election markets and the limits of using volume as evidence of prediction-market credibility.

Underdog is seeking federal protection from Tennessee's sports-wagering enforcement after an appeals ruling rejected similar arguments from Kalshi.

AP reports the first sentence in a college basketball fixing investigation, with prosecutors describing player recruitment, six-figure bribes and millions in fraudulent wagers.

An Alabama-Quassarte leadership dispute complicates Kalshi’s partnership claim as tribes challenge sports event contracts and their effect on gaming sovereignty.

Sportico reports a new Kalshi rule permitting sanctions for trading-related harassment, alongside a program to connect abusive social posts with betting accounts.

BetMGM’s quarterly figures show fewer active customers, higher sportsbook revenue per player and a larger role for parlays and online casinos.

Reporting points to an early FTC review of sportsbook advertising, with no public agency confirmation and prediction markets reportedly outside its scope.

Sportico’s legal analysis explains how the definition of a swap could determine whether states can enforce gambling rules on sports-event exchanges.

A documentary companion to ProPublica’s betting investigation examines the gap between optional safety tools and incentives to keep wagering.

The Wall Street Journal reports an investigation into well-timed appointment wagers, highlighting the information advantage possible in political event markets.

Proposed risk triggers and a ban on AI-customized bonuses would tighten sportsbook oversight, but can still miss compulsive betting at smaller amounts.

Blanche Lincoln's changing position on sports event contracts sits inside a larger fight over whether federal oversight displaces state gambling law.

Florida's sports-betting compact faces a prediction-market challenge involving age limits, college player props and the revenue shared with state and tribal governments.

A congressional request for VIP videos and recipient records tests whether loyalty marketing and gambling-harm screening share the same customer data.

The league backs New Jersey's bid for Supreme Court review of sports-event contracts, citing gaps between federal market oversight and state betting safeguards.

Operators contest proposed safeguards for exchange-owned trading desks, exposing a conflict between the peer-to-peer pitch and the economics of affiliated market makers.

Michigan, Connecticut and Missouri enforcement is interrupting sports event contracts, although the federal-versus-state jurisdiction fight remains unresolved.

Kalshi's response to a CFTC proposal puts a number on how much its own trading desk should be allowed to participate in its exchange.

Verifact's wagers on disputed history put customers' payouts in the hands of an opaque fact-adjudication process, not simply a future result.

British and European regulators are examining how anonymous offshore wagers on bank failures could reward inside information and amplify the event being priced.

OpenSecrets traced a bipartisan campaign aimed at the state officials and federal institutions deciding whether event contracts must follow gambling law.

The Spurs star's refusal highlights how league advertising and player deals have made betting promotion an ordinary part of professional basketball.

A proposed UK slot-machine duty increase tests the industry's closure warnings against its past record and the economics of 24-hour gaming centres.

CBS is placing a sponsor's election-betting prices beside its polling while another part of the company promotes Kalshi with affiliate links.

A leaked contract connects an offshore casino network to a content supplier owned by three bookmakers that publicly warn about the illicit market.

Two pending CFTC rules would put event contracts inside the federal swaps regime while excluding casino-style products, with state authority hanging on the distinction.

A CFTC inquiry into pardon-related trades linked to Adam Kinzinger puts prediction markets' information-asymmetry problem inside a single account.

An industry panel's case for state oversight points to a real gap in age limits and consumer protections, even if its defense of sportsbooks deserves scrutiny.

Casino executives describe prediction markets as a route around state age limits, taxes and licensing—while acknowledging the commercial advantage of entering the gray market early.

Kalshi is retiring a program that paid traders for their share of exchange activity as federal regulators examine how volume incentives can distort markets.