Writer: Associated Press
Kalshi fines, suspends 3 congressional candidates for wagering on their elections
Three congressional candidates wagered on the outcome of their own elections on Kalshi, according to the prediction market, which said... more
State, federal governments step up scrutiny of prediction markets
WASHINGTON (AP) — As the United States was preparing a daring mission to rescue an airman whose fighter jet was shot down by Iran, there... more
Ex-NBA player Damon Jones is expected to become first person to plead guilty in gambling sweep
NEW YORK (AP) — Former NBA player and assistant coach Damon Jones is expected to become the first person to plead guilty in a gambling... more
US sanctions two Mexican casinos and three persons over alleged cartel links
MEXICO CITY (AP) — The U.S. Treasury Department on Tuesday issued sanctions against three individuals and two casinos for their alleged... more
Powerball coming to the UK National Lottery, its first venture outside US territory
Powerball is jumping the pond. The lottery game that has made millionaires in the United States will expand this summer to include players... more
Judge bars Arizona from regulating prediction market operators and pauses prosecution of Kalshi
PHOENIX (AP) — A federal judge on Friday temporarily barred Arizona from enforcing its gambling laws against predictive market operators... more
Well-timed bets on Polymarket tied to Iran war draw calls for investigations from Congress
NEW YORK (AP) — Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest... more
Wisconsin governor signs law legalizing online tribal sports betting
MADISON, Wis. (AP) — Wisconsin Gov. Tony Evers signed a bill into law Thursday that legalizes online sports betting, making it the 33rd... more
Brazil’s president argues for ban on online betting platforms
SAO PAULO (AP) — Brazil’s President Luiz Inácio Lula da Silva said on Wednesday he favors a national ban on online betting platforms, whose... more
Kentucky Derby fixture steps away: Mike Battaglia retires as oddsmaker
LOUISVILLE, Ky. (AP) — Mike Battaglia, who set the morning-line odds for every Kentucky Derby since 1974, is retiring ahead of next month’s... more
