Posts From: June 2026

New Mexico files illegal gambling lawsuit against Kalshi

The New Mexico Department of Justice has filed a lawsuit against the popular online betting company Kalshi. The NMDOJ is accusing Kalshi of unlawfully offering online sports betting, which is...

Legal
George Santos investigated for insider trading on Kalshi

A prediction market reported U.S. Rep. George Santos to federal prosecutors after he boasted he’d be going to President Donald Trump’s State of the Union address, then bet against his own attendance,...

Legal
U.S. defense bill proposes to prohibit military personnel to place bets on prediction markets

A new draft of the U.S. defense policy bill proposes to prohibit military personnel and Pentagon civilian employees from trading in prediction markets using non-public information. The provision, included in...

Legal
Terry Rozier facing more federal charges for allegedly soliciting, accepting a bribe

Federal prosecutors allege that veteran guard Terry Rozier agreed to accept a payment worth about $100,000 from a sports gambler to take himself out early from an NBA game while...

Legal
Google employee charged with insider trading over Polymarket bets

A Google employee made $1.2 million on Polymarket markets related to the search engine giant’s official Year in Search list for 2025. Now, the Commodity Futures Trading Commission (CFTC) has...

Legal
New Mexico sues Kalshi, alleging prediction market violates gaming laws

Four New Mexico tribal governments have filed a federal lawsuit against prediction-market platform Kalshi, accusing the company of operating illegal online sports betting within tribal lands in violation of federal...

Legal
Illegal online gambling group with a turnover of over €100 million arrested in Ukraine

Detectives of the Main Detective Unit of the Economic Security Bureau of Ukraine have exposed an organized group that operated a network of illegal online casinos and laundered the proceeds....

Legal
Kalshi notches legal victory in Arizona

A federal judge in Arizona has granted an injunction blocking Attorney General Kris Mayes from pursuing a criminal case against prediction market platform Kalshi, a ruling that highlights the complex...

Legal
Terry Rozier to face additional charges in NBA gambling probe

Federal prosecutors intend to bring new charges against Terry Rozier related to their sports gambling case against the NBA player and others. A lawyer in the U.S. Attorneys Office for...

Legal
US soldier charged with using Polymarket to bet on Nicolas Maduro abduction

The United States Department of Justice has filed criminal charges against an active-duty soldier for placing a bet on the abduction of Venezuelan President Nicolas Maduro, using classified military information...

Legal