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NJ prosecutors say 35 have pleaded guilty in alleged mob-linked $4.8M gambling case

New Jersey prosecutors say 35 defendants have now pleaded guilty in an alleged organized crime gambling case tied to the Lucchese crime family, with investigators identifying nearly $4.8 million in suspected criminal proceeds.

Posted on: August 5, 2026 | | Tyler Andrews

New York seeks at least $36B from Kalshi in lawsuit over alleged illegal sports betting

New York seeks at least $36B from Kalshi in lawsuit over alleged illegal sports betting

New York has sued Kalshi for at least $36 billion, arguing its sports event contracts amount to unlicensed gambling offered to state residents.

Posted on: August 5, 2026 | | Tyler Andrews

Flutter Ends London Listing, Leaving New York as Its Only Exchange

Flutter Ends London Listing, Leaving New York as Its Only Exchange

Flutter Entertainment has completed its London Stock Exchange delisting, making New York its sole trading venue as the FanDuel parent continues to center its public-market presence in the US.

Posted on: August 5, 2026 | | Tyler Andrews

New York seeks to shut down Kalshi, recover up to $36 billion in prediction market case

New York seeks to shut down Kalshi, recover up to $36 billion in prediction market case

New York Attorney General Letitia James is asking a Manhattan court to shut down Kalshi and impose penalties, restitution and costs that state officials said could total at least $36 billion.

Posted on: August 5, 2026 | | Tyler Andrews

South Carolina lawsuit targets DraftKings Predictions, Polymarket over alleged illegal gambling

South Carolina lawsuit targets DraftKings Predictions, Polymarket over alleged illegal gambling

A South Carolina complaint alleges DraftKings Predictions and Polymarket offered unauthorized games of chance and collected winnings from illegal wagers on sports outcomes.

Posted on: August 4, 2026 | | Tyler Andrews

New York Mets name Novig as official prediction market partner

New York Mets name Novig as official prediction market partner

The Mets have signed a multi-year partnership with Novig, making the company the club’s exclusive official prediction market partner and marking a first for an MLB team.

Posted on: August 4, 2026 | | Tyler Andrews

WSOP says online Circuit ring winners will still get $5K Paradise packages

WSOP says online Circuit ring winners will still get $5K Paradise packages

WSOP has confirmed that eligible winners of online Circuit ring events will continue to receive a $5,000 WSOP Paradise invitation package after confusion over whether the perk had been removed.

Posted on: August 4, 2026 | | Tyler Andrews

CFTC fines George Santos, bars him from trading after Kalshi event-contract case

CFTC fines George Santos, bars him from trading after Kalshi event-contract case

Former New York Congressman George Santos has been fined and banned from trading for three years after the CFTC said he manipulated a Kalshi event contract tied to whether he would attend the 2026 State of the Union.

Posted on: August 4, 2026 | | Tyler Andrews

CDI explores Presque Isle Downs sale as broader portfolio review reaches New York

CDI explores Presque Isle Downs sale as broader portfolio review reaches New York

Churchill Downs Incorporated is exploring a sale of Presque Isle Downs in Pennsylvania, with Macquarie Capital assisting on a broader nine-property review that also includes del Lago in New York.

Posted on: August 4, 2026 | | Tyler Andrews

New York sues Kalshi for $36B as NFL presses CFTC for tougher sports-event contract rules

New York has filed a major lawsuit against Kalshi, alleging its sports prediction markets amount to unlicensed gambling and seeking $36 billion in damages. The case lands as the NFL pushes federal regulators for stricter integrity and age rules.

Posted on: August 3, 2026 | | Tyler Andrews