New Jersey Councilman Anand Shah resigns after admitting illegal gambling role Suswati Basu Prospect Park Councilman Anand Shah has resigned after roughly a decade in public office, months after admitting his role in an illegal gambling operation investigated by state authorities. His resignation became effective August 28, 2026. Shah disclosed the decision in … Continue reading New Jersey Councilman Anand Shah resigns after admitting illegal gambling role
Fewer Americans gambling as lotteries and casinos lose participants, survey says Suswati Basu Americans are gambling less often than they did a decade ago, according to Gallup, with some of the biggest declines showing up in lotteries, casinos and workplace pools. Across Gallup telephone polls conducted in June and July, 45% of U.S. … Continue reading Fewer Americans gambling as lotteries and casinos lose participants, survey says
Honolulu police shuts down Ewa Beach gambling room, making arrest Suswati Basu Honolulu police shut down an alleged illegal gambling room in Ewa Beach on Thursday, seizing gaming machines, cash and arresting a man during a search tied to the department’s continuing crackdown on underground gambling operations. Officers carried out a search warrant … Continue reading Honolulu police shuts down Ewa Beach gambling room, making arrest
Ontario regulator AGCO fines Betty Gaming after underage gambling failures uncovered online Suswati Basu The Alcohol and Gaming Commission of Ontario has fined Betty Gaming Ltd. C$ 120,000 after determining weaknesses in the company’s age-verification and player eligibility systems let underage users access its Betty.ca online gambling platform. AGCO penalizes Betty Gaming Ltd. … Continue reading Ontario regulator AGCO fines Betty Gaming after underage gambling failures uncovered online
NFT startup founder accused of diverting millions into gambling and luxury spending Suswati Basu Federal prosecutors say the founder of an NFT startup collected more than $ 10 million from investors by promising to build a digital collectibles marketplace, then diverted much of that money to gambling, cryptocurrency trading, luxury purchases and other … Continue reading NFT startup founder accused of diverting millions into gambling and luxury spending
New York sues Kalshi alleging illegal prediction markets defying state gambling laws Suswati Basu New York is taking its fight against prediction markets to court, with Gov. Kathy Hochul and Attorney General Letitia James announcing Friday (July 31) that the state has sued Kalshi, alleging the federally regulated prediction market operator is running … Continue reading New York sues Kalshi alleging illegal prediction markets defying state gambling laws
Congress faces heated debate over sports prediction markets federal gambling regulatory authority Suswati Basu News Editor Congress is set to hear sharply conflicting testimony Tuesday (July 21) over who should regulate sports prediction markets and whether Congress should step in to redefine them as gambling instead of federally regulated financial products. The committee is … Continue reading Congress faces heated debate over sports prediction markets federal gambling regulatory authority
Evolution pays UK settlement after gambling games reached unlicensed British websites investigation suswati Evolution Malta Holding Limited has agreed to pay £4.75 million ($ 6.38 million) after a UK Gambling Commission investigation found its online casino games were being supplied to unlicensed gambling websites that could be accessed by consumers in Great Britain. … Continue reading Evolution pays UK settlement after gambling games reached unlicensed British websites investigation
Illinois fights federal injunction bid over prediction markets gambling enforcement dispute Suswati Basu Illinois is asking a federal judge to reject requests that would temporarily block the state from enforcing its gambling laws against sports and election prediction markets, arguing the products are ordinary wagers instead of federally regulated financial instruments. In a … Continue reading Illinois fights federal injunction bid over prediction markets gambling enforcement dispute
Arizona orders five online gambling operators to halt activities Suswati Basu Arizona gambling regulators have expanded their enforcement campaign against unlicensed online gambling operators, issuing cease-and-desist orders to five platforms after investigations the state says uncovered illegal gambling activity and access by underage users. The Arizona Department of Gaming (ADG) announced enforcement actions … Continue reading Arizona orders five online gambling operators to halt activities
