Financial news, markets, and business updates
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 N...
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 form...
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 inju...
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 gambl...
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 b...
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...
Polymarket says it is working with Palantir Technologies and TWG AI to build a monitoring system designed to detect suspicious… Continue reading Polymarket partners with Palantir and TWG AI to m...
A new report argues that gambling in the United States no longer sits on the margins of financial life. Instead,… Continue reading Digital betting boom reshapes American gambling habits raising ...
A Sacramento beauty queen who admitted running a multimillion-dollar investment fraud scheme also used a portion of the stolen money… Continue reading Sacramento beauty queen admits $10M investm...