The Business & Technology Network
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Feed Items

The betting and gambling world has grown at a rapid pace over the last few years, with technology making it easier than ever to access sports and casino operations online. While the industry is gaining major traction, some studies suggest that men are more likely to be identified as problem gamblers than women. There appears to be some disparity, with reports suggesting it could be due to a...
Turkish soccer has been rocked by the ongoing gambling scandal that implicated hundreds of its match officials when the news broke in late 2025. A far-reaching investigation ordered by Turkish Football Federation President, Ibrahim Haciosmanoglu, was instigated to “drain the swamp,” but instead, it revealed deeper, murkier waters that lie beneath.  Now, with more than 1,000 players suspended and...
A lawsuit has been filed this week in Nevada by a high-stakes gambler and a businessman, which alleges violations of the Racketeer Influenced and Corrupt Organizations Act (RICO) against executives at Resorts World Las Vegas. Gambler Robert (R.J.) Cipriani and businessman James Russell filed the suit, which makes allegations against former and current executives at the company, including former...
Three people in Italy have been arrested over alleged illegal gambling, with local media reporting that it generated more than €25 million in illegal revenue. According to a daily Naples newspaper, the ‘millionaire turnover’ allegedly occurred from 2019 to 2022 and relates to illegal totems. Another Italian publisher, Il Sole 24, states other allegations too, like money laundering and the...
The Massachusetts Gaming Commission has fined Fanatics Betting and Gaming $20,000, following a vote that landed at 4-1. The issue was due to accepting prohibited bets on a non-tournament Massachusetts collegiate football team, with the item discussed in a recent meeting on 4 December. It was initially recommended by the Investigations and Enforcement Bureau (IEB) that the commission assess a...
Broadcasting giant CNBC and prediction market Kalshi have penned a multi-year partnership. The media conglomerate will, as a result of the deal, incorporate Kalshi’s real-time data into its broadcast media, digital platforms, and paid-for content. CNBC and Kalshi strike deal The partnership will be the second for a news and entertainment platform that will draw information and data from the...
One of the NBA’s most legendary figures in recent times, James Harden, has announced a partnership with sweepstakes platform MyPrize. The pairing seems surreal, given that the NBA is in the midst of a prop-betting scandal that has prompted the highest oversight in the United States to be brought to bear on the depth of the alleged issues. Still, Harden has promoted the partnership with the gaming...
A Polymarket user, called AlphaRaccoon, has caused controversy and gained major media attention as they allegedly netted over $1 million in 24 hours. According to Forbes, the user has accurately placed bets on Google’s 2025 Year in Search rankings, with a near-perfect score of 22 out of 23 predictions correct. Some of the predictions were very granular and focused on rankings ahead of the search...
The prediction market company Kalshi has sued the Connecticut Department of Consumer Protection over a cease-and-desist order that was issued on 3 December. “The Connecticut Department of Consumer Protection seeks to prevent Plaintiff KalshiEX LLC (“Kalshi”) from offering event contracts for trading on its federally regulated exchange,” the Kalshi complaint reads. It continues to state that the...
The World Series of Poker 2026 Circuit has officially been released, with a full run of domestic and international stops shared initially, with this being from January through to May 2026. According to the brand in an announcement, the upcoming season marks a “historic and strategic shift” for the Circuit as they’ve established a permanent calendar-year schedule that runs from January to December...