Category: News
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LeBron ‘Next Team’ Markets Possibly Corrupted By Miami ‘Mistake’
Gambling markets on LeBron James’ next NBA team have been impacted by a purported error by the Miami Heat, the current favorite to land James. There is no evidence of insider trading or market manipulation, but many fans on social media are running with such speculation. What happened? The Heat posted a link to a…
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DraftKings Sues Philly As City Investigates Gambling Addiction
DraftKings has sued Philadelphia in federal court, seeking to halt an investigation into its sports betting practices and block enforcement of a local consumer protection ordinance, according to a report from Reuters. The lawsuit follows an April 24 subpoena from Philadelphia’s Law Department requesting information about DraftKings’ sports wagering operations, promotional credits and bonuses, VIP…
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Landmark Report Highlights PA Gambling Harm
Every major public health challenge eventually reaches a point when evidence becomes difficult to ignore. Pennsylvania may now be at that point with gambling. A newly released landmark report, “Sports Betting and Related Interactive Gambling in Pennsylvania,” commissioned through House Resolution 60, represents one of the most comprehensive examinations to date of gambling-related harm in…
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Trump Teleprompter Allegedly Cheated Kalshi Users
A teleprompter operator for President Donald Trump allegedly used his inside knowledge to illicitly profit more than $100,000 gambling on what Trump would say. According to ABC News, Gabriel Perez allegedly used the prediction market Kalshi to place bets on numerous public speeches by Trump. So-called “mention markets” feature gambling on what public figures will…
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Conor McGregor Pleads For Gambling Refunds On His Fight
Is UFC fighter Conor McGregor feeling the pressure from threats and abuse from fans who bet on his recent performance? On Tuesday, he posted an unusual message on his social media. “I will have the results of the scan on my leg tomorrow,” McGregor wrote. “The fight should be a no contest and all bets…
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