Posts From: October 2026

Former NBA star Malik Beasley negotiating plea deal over gambling charges

Malik Beasley, a nine-year NBA veteran, has agreed to plead guilty to federal charges stemming from a Department of Justice investigation into illegal sports gambling. Beasley had been negotiating a...

Legal
U.S. agency is again probing if Polymarket broke 2022 settlement, sources say

Polymarket is facing renewed scrutiny from federal regulators over whether it violated a 2022 settlement requiring the prediction market giant to block American traders from its offshore platform, according to...

Legal
New York Gaming Commission says Kalshi is defying subpoenas

The New York State Gaming Commission has submitted a petition to a Manhattan court seeking to investigative subpoenas against prediction market operator Kalshi in order to examine potential breaches of...

Legal
Former Conservatives campaign boss spared jail after betting on general election date

Three people linked to the Conservatives, including the party’s former director of campaigning, have been given suspended sentences after admitting to cheating at gambling on the 2024 general election date....

Legal
Two former AFL players warned for promoting illegal gambling site

Two former Australian Football League (AFL) players turned online influencers have been issued with formal warnings by the Australian Communications and Media Authority (ACMA) for promoting an illegal online gambling service....

Legal
Utah attorney general announces lawsuit against Kalshi 

Utah Attorney General Derek Brown has launched a lawsuit against Kalshi, its affiliates, and two trading companies under Susquehanna, claiming that the prediction markets platform has been engaging in illegal...

Legal
Polymarket takes legal action against Ohio officials over local sports betting regulations

Polymarket’s U.S. exchange has filed a lawsuit in federal court against Ohio’s attorney general and casino regulators, asserting that the state’s sports gaming licensing regulations unfairly discriminate against businesses located...

Legal
Shane Hennen pleads guilty to rigging basketball games for sports betting schemes

A man with ties to Philadelphia and western Pennsylvania pleaded guilty to two separate indictments on an illegal sports betting scheme and rigged poker games involving former NBA, NCAA and Chinese basketball...

Legal
Seminole Tribe sues DraftKings over alleged illegal sports betting

The Seminole Tribe of Florida has filed a lawsuit against DraftKings on October 8, aiming to halt operations the tribe claims qualify as illegal sports betting and divert revenue from...

Legal
Federal judge grants Kalshi partial injunctions against Illinois

A federal judge sided with Kalshi, finding that prediction markets are more like financial swaps, which are federally regulated, than gambling, which is subject to state oversight. U.S. District Judge...

Legal