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...
A Singapore court sentenced two businessmen to lengthy jail terms on Tuesday for falsifying documents that tricked auditors into believing payments firm Wirecard had hundreds of millions of euros in...
The Sports Betting Alliance, an advocacy group for several of the nation’s major sportsbooks, sued the city of Chicago seeking to prevent it from enforcing a new ordinance that would...
Google’s handling of gambling-related promotions has come under renewed legal scrutiny in the EU, after a senior adviser to the bloc’s top court warned that the platform’s legal immunity depends...
A man who ran an illegal WhatsApp gambling business and failed to pay a customer’s £269,000 account balance has received a 30 week suspended jail sentence and a 200 hour...
Terry Rozier pleaded not guilty Monday to federal charges in an alleged illegal gambling and sports rigging scheme. He was one of 34 people arrested in October, including former NBA...
Another betting scandal has rocked the Premier League after a report revealed Brighton & Hove Albion owner Tony Bloom is accused of using a £600 million gambling syndicate to bet on football matches. It’s...
The Competition and Disciplinary Committee (KKR) of the Finnish Floorball Federation announced on Wednesday 3 December the sanctions related to prohibited betting. A total of 80 fixed-term competition bans were...
Kalshi has filed a lawsuit in the Connecticut District Court in response to Connecticut’s latest order, seeking an injunction barring the enforcement of the cease-and-desist order. Recently, the firm says...
A law enforcement operation carried out in Sweden and Spain between 28 and 29 November targeted a violent criminal network operating in the Stockholm area. The group is believed to...
