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A new bill from Assemblyman Clyde Vanel would give lawmakers the power and framework to regulate prediction markets in the state of New York.
Vanel’s Bill A.B. 9251 was revealed on Friday (November 7) with the official purpose “to amend the general business law, in relation to prediction markets”. This comes amid rising concerns in New York and beyond that prediction markets are a way to sidestep...
Four arrests have been made by the Honolulu Police Department between two raids as part of an illegal gambling investigation.
Honolulu officers from the city’s Narcotics/Vice Division made four arrests after carrying out search warrants on two locations. The first took place on November 4 on Wanini Street, where arrest records show that three men were arrested just after 6pm.
Chenjie Jyang, 27,...
The Social Gaming Leadership Alliance (SGLA) has recategorized online sweepstakes games amid controversy around the gaming sector.
A blog written by SGLA Managing Director Sean Ostrow has launched “Social Plus”, a new term for online sweepstakes games. The rebranding is a clear pushback to critiques of the sector coming from virtually all sides, ranging from state government in Minnesota to...
Six basketball student athletes have been found to violate NCAA betting rules, leading to expulsion from their respective schools.
The NCAA Committee on Infractions has uncovered violations from six student athletes who formerly competed in men’s basketball at New Orleans, Mississippi Valley and Arizona State. The cases are not thought to be linked, but all saw the players violate rules around...
Two MLB players have been charged after allegedly placing fraudulent sports bets worth hundreds of thousands of dollars.
Guardians pitchers Emmanuel Clase de la Cruz and Luis Leandro Ortiz Ribera have been charged with wire fraud conspiracy, honest services wire fraud conspiracy, conspiracy to influence sporting contests by bribery, and money laundering conspiracy. The pair were allegedly...
There’s no denying that the gambling industry is changing at a rapid pace, with new offerings being introduced on an almost daily basis by operators.
One of those major changes includes the introduction and expansion of microbetting which moves away from the traditional wagers that were once the only option. Now, people are able to bet on small moments within games, as they play out live....
BetMGM has announced a leaderboard-style contest for players, which is tied to the Players Era Men’s and Women’s Championship.
The ‘Players Era in Vegas Leaderboard’ has been launched and will run through November 9, with the contest rewarding 25 winners with a trip to Las Vegas for the championships, including tournament tickets, a four-night stay, and $1,500 in withdrawable funds for travel....
The United States’ Gaming Industry Outlook has a sense of renewed optimism in Q3 of 2025, as industry leaders are citing rising revenues and stronger balance sheets.
“The Gaming Conditions Index indicates that real economic activity – measured by key indicators including gaming revenue, employment, wages, executive sentiment, and casino hotel event activity – increased 3.1% year-over-year in Q3...
Prediction markets used to be the quirky side dish of the internet. Maybe you placed a small bet on who’d win an election or whether a big tech merger would finally happen. Or maybe you were one of the many people who first heard of Polymarket when users started betting on whether Donald Trump would become president last year. Some folks even wagered on things like Zohran Mamdani winning the New...
South Korean law enforcement has made 14 arrests after a gambling ring based in the Philippines was uncovered in Gangwon province. The Gangwon Provincial Police Agency’s Criminal Investigation Unit reported on November 6 that it had busted those involved with the illegal gambling operation, including the brainchild behind it, which police have named A.
Law enforcement was tipped off to the scheme...