8303 stories by Devin O'Connor
Are Prediction Markets Rife With Insider Trading? House Oversight Investigates
The House Oversight Committee is launching an investigation into widespread insider trading on prediction markets Chairman James Comer demanded both Kalshi and Polymarket turn over internal records regarding user verification and trading activity In April, the Department of Justice (DOJ) brought charges...
Are Sweepstakes Casinos Still Legal in Tennessee? Here’s the Latest
Sweepstakes casinos are now illegal in Tennessee The sweepstakes casino ban took effect immediately upon Gov. Lee's signing Lee also signed a measure to crack down on insider trading on prediction markets Online sweepstakes casinos are officially illegal in Tennessee after Gov....
New York Lottery Players Lost $3.2 Billion Last Year. State Encourages Them to Keep Dreaming
The New York Lottery's new ad campaign dares players to "imagine" winning big However, New Yorkers lost $3.2 billion on traditional lottery games in the 2025 fiscal year Traditional lottery sales are down nationwide The New York Lottery has debuted a new...
HOMICIDE: Latest Fatal Shooting at Bally’s Kansas City Casino Sparks Renewed Safety Demands
A fatal shooting in the Bally’s Kansas City parking garage has left one person dead, marking a troubling return of violence to the property Kansas City police are actively searching for suspects after multiple gunshots erupted in the casino's parking structure late...
Louisiana Sports Betting: New Law Bans Bettors Who Harass Athletes
Sports bettors in Louisiana who harass players will soon face bans Legislation expected to be signed by Gov. Landry will create an exclusion list for sports bettors who threaten players The statute will also apply to coaches, referees, and anyone else involved...
Valve Attorneys Liken Loot Boxes to Happy Meal Toys, Not Gambling
Valve is pushing back on claims that loot boxes mimic gambling The games developer likens purchasing and opening a loot box to purchasing and opening a Happy Meal toy Valve Corporation has asked a New York State Court in Manhattan to dismiss...
‘Millionaire for Life’ Crowns Second Winner in Just Three Months
The top Millionaire for Life prize has officially been claimed again Despite only launching in February, the game has already minted two massive jackpot winners in record time Run by the Multi-State Lottery Association (MUSL), the same giant behind America's biggest lottery...
Indonesia Bans Polymarket After Taking Bets on President Prabowo Subianto’s Future
Prediction market Polymarket is no longer legally accessible in Indonesia The Indonesian government has labeled Polymarket as an illegal gambling platform The ban follows Polymarket offering trading on the president's political longevity Indonesia is continuing its crackdown on illegal gambling by blocking...
Can GLP-1 Weight Loss Drugs Help Treat Gambling Addiction? Doctors Weigh-In
Doctors suspect GLP-1 medicines might help fight gambling disorders Researchers say more data is needed before prescribing GLP-1 for gambling problems Health officials believe gambling problems are on the rise As gambling options become more prevalent than ever, public health experts warn...
Atlantic City Casinos See Q1 Profits Plummet 23% Amid Higher Costs
Atlantic City casino profits fell 23% in the first quarter Higher costs were blamed against flat net revenue Two casinos reported operating losses After Atlantic City casino profits shrunk by 4% in 2025, the first quarter of 2026 brought even deeper cuts...
