Nationalists promise Malta veto against proposed European Union online gambling tax Suswati Basu Malta’s opposition Nationalist Party says it would block any attempt to introduce a European Union-wide online gambling tax, arguing the measure would hurt Malta’s economy and weaken regulated operators across Europe. Speaking during a European Parliament plenary debate on future … Continue reading Nationalists promise Malta veto against proposed European Union online gambling tax
Trump declares prediction markets patriotic while state regulators wonder if they’re gambling Suswati Basu Trump just posted what may be the most aggressively pro-prediction-market presidential rant in modern American history — a sentence that somehow exists now. In a sprawling Truth Social post, President Donald Trump threw his full support behind prediction markets, … Continue reading Trump declares prediction markets patriotic while state regulators wonder if they’re gambling
Justice Department contractor sentenced after gambling away government phone fraud proceeds Suswati Basu A former Department of Justice contractor who admitted stealing and reselling thousands of government-issued cell phones was sentenced Tuesday to a little more than a year in federal prison after prosecutors said he blew much of the money on gambling. … Continue reading Justice Department contractor sentenced after gambling away government phone fraud proceeds
Inspectors uncovered widespread sports gambling materials displayed throughout Pennsylvania federal penitentiary Suswati Basu Inspectors found gambling materials and a makeshift betting table inside USP Canaan housing units. Credit: OIG, June 2025 (Monitor Screen and Brand Logo Obscured) Federal inspectors say sports gambling materials were sitting out in the open across several housing … Continue reading Inspectors uncovered widespread sports gambling materials displayed throughout Pennsylvania federal penitentiary
Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns Suswati Basu A fresh industry report says unregulated online gambling has become one of the world’s largest hidden digital economies, with global wagering volume reaching an estimated $ 5.9 trillion during 2025. Gaming Compliance International’s latest study, Online Gaming 2025: Global, found the … Continue reading Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns
Connecticut police raid Tolland property arresting 100 suspects in cockfighting gambling investigation Suswati Basu Connecticut State Police arrested 100 people Friday after officers descended on a rural Tolland property that investigators say hosted a large-scale cockfighting and illegal gambling operation. Troopers arrived at 55 Mountain Spring Road around 1:29 p.m. to carry out … Continue reading Connecticut police raid Tolland property arresting 100 suspects in cockfighting gambling investigation
Kentucky class action lawsuit challenges Kalshi as alleged illegal gambling operations Suswati Basu A Kentucky man has filed a proposed class action against prediction market company Kalshi, accusing the platform of offering illegal gambling products to residents across the state. The lawsuit was filed Monday (May 11) in the U.S. District Court for … Continue reading Kentucky class action lawsuit challenges Kalshi as alleged illegal gambling operations
Oklahoma lawmakers override veto expanding criminal ban against online sweepstakes gambling Suswati Basu Oklahoma lawmakers have finalized a major expansion of the state’s gambling restrictions after voting to override Gov. Kevin Stitt’s veto of Senate Bill 1589. The measure updates Oklahoma’s criminal gambling statute to specifically address online casino-style games, sweepstakes operations, and … Continue reading Oklahoma lawmakers override veto expanding criminal ban against online sweepstakes gambling
UFC CEO Dana White presses Trump again over controversial federal gambling tax limits Suswati Basu Dana White is pushing President Donald Trump to revisit a gambling tax provision tucked inside the recently passed “One Big Beautiful Bill Act,” adding another high-profile voice to a growing bipartisan campaign in Washington. In a May 11, … Continue reading UFC CEO Dana White presses Trump again over controversial federal gambling tax limits
CFTC defends prediction markets authority against mounting state gambling challenges Suswati Basu The Commodity Futures Trading Commission (CFTC) is pressing a federal appeals court to reaffirm that prediction markets fall under federal supervision instead of state gambling enforcement. In a brief filed Tuesday (May 12) with the U.S. Court of Appeals for the … Continue reading CFTC defends prediction markets authority against mounting state gambling challenges
