Posts From: February 2026

Judge bans Kalshi from offering sports-events contracts in Massachusetts

A Massachusetts judge on Friday rejected a request by prediction-markets operator Kalshi to allow it to keep offering sports-events contracts in the state while it appeals an injunction that will...

Legal
Two arrested in $3 million fraud scheme targeting FanDuel

Two Connecticut men face federal charges for allegedly defrauding FanDuel and other online gambling sites of $3 million over several years using the stolen identities of approximately 3,000 victims. 29-year-olds...

Legal
Former SPAC chief pleads guilty in US to fraud over Lottery.com acquisition

United States Attorney for the Southern District of New York, Jay Clayton, announced that VADIM KOMISSAROV, the former Chief Executive Officer of Trident Acquisitions a publicly traded special purpose acquisition...

Legal
Arbitrator rules Heat must pay Terry Rozier full salary

An arbitrator has ruled in favor of Miami Heat guard Terry Rozier in a salary dispute with the NBA, following his federal indictment related to a gambling investigation, sources disclosed...

Legal
VGW boss steps down after being arrested

Perth billionaire Laurence Escalante has faced court on serious charges after being accused of attacking his ex-partner after breaking into her home. WA Police dramatically raided Mr Escalante’s residence —...

Legal
Israel police arrest 17 members of soccer team in match-fixing and gambling probe

The Israel Police announced on Monday the arrest of 17 individuals affiliated with FC Kiryat Yam, a team in Israel’s second-tier soccer league, in connection with an investigation into match-fixing...

Legal
Former GVC execs lose civil case filed against Gambling Commission

Kenny Alexander and Lee Feldman have been ordered to cover the costs incurred by the Gambling Commission following the dismissal of their claim. The two gambling executives, presently facing criminal...

Legal
NCAA President Baker issues statement regarding sports betting indictments

NCAA President Charlie Baker issued the following statement regarding sports betting indictments in college athletics. The NCAA runs one of the largest integrity monitoring programs in the world and has implored states to eliminate prop bets because of the...

Legal
Basketball hit with fresh gambling scandal as 20 people are charged with rigging college games

A gambling indictment that has shaken the college basketball world includes a 2024 game at the M.A.C. Center. According to reporting from WCMH in Columbus and WIVB in Buffalo, multiple Buffalo men’s basketball players were named in...

Legal
Kalshi faces class-action lawsuit in New York

A class action lawsuit has been filed inn New York alleging that Kalshi runs an online sports betting platform without the necessary licenses, even in states where such gambling is prohibited. The lawsuit, spanning 42 pages, maintains that Kalshi’s platform offers what it terms a “prediction market,” where users can buy...

Legal