Tag Archives: ReadWrite

World Cup 2026 draw sets out betting favorites as markets take shape

The World Cup 2026 draw was held at the John F. Kennedy Center for the Performing Arts in Washington, D.C., on December 5, 2025, officially setting the stage and soccer betting favorites for FIFA’s biggest tournament to date. The draw … Continue reading

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Are gambling markets becoming entertainment first, betting second?

With online betting on the rise in the US and the rise of entertainment-focused prediction markets, is the identity of gambling evolving? The atmosphere of gambling is changing rapidly as more innovations enter the space. Prediction markets are encroaching on … Continue reading

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Life in the gray: why gambling innovation stems from unregulated areas

Prediction markets are the latest in a long line of examples of how gambling innovation takes root in the gray areas. Major prediction markets are embroiled in lawsuits across the country, with some states like Arizona banning some operators altogether. … Continue reading

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Kinston police arrest former council candidate in alleged Facebook gambling investigation

The Kinston Police Department announced that its Violent Crime Action Team has concluded a months-long investigation into what authorities described as an illegal online gambling operation conducted through Facebook. According to a statement posted by the department, detectives took 51-year-old … Continue reading

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Finance director jailed after gambling-fueled £1.9M fraud at Birkenhead firm

A finance director who swindled a business based in Birkenhead, England, out of nearly £1.9 million ($2.4 million) has been sentenced to prison after his “predilection for gambling got out of hand.” Allan Wood, 59, from Saltersgate in Ellesmere Port, … Continue reading

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Blackhawks make history with Kalshi partnership, first pro sports prediction deal

The Chicago Blackhawks have announced a new partnership with Kalshi, making history in the process. This is the first time an NHL team and any professional sports team in North America has teamed up with a federally regulated prediction market … Continue reading

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Bet365 boss Denise Coates earned £280M despite sharp profit decline last year

The boss of gambling giant bet365 took home at least £280 million ($379 million) in salary and dividends last year, even though the company’s profits dropped sharply, according to its latest accounts filed at Companies House. A review of the … Continue reading

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Terry Rozier asks judge to dismiss charges in federal NBA betting case

Miami Heat guard Terry Rozier is now pushing back aggressively in court. A little more than two weeks after pleading not guilty, Rozier has taken the next step in his legal strategy by asking a federal judge to dismiss the … Continue reading

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Chicago weighs major sports betting tax hike in $16.6 billion budget

Chicago is weighing a $16.6 billion city budget, and one part of it is catching the eye of the sports betting world. The proposal would shake up how sports wagering is taxed inside city limits. Chicago is planning to significantly … Continue reading

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KSA fines LeoVegas for failing to comply with its duty of care and issues warning to Vbet

The Gaming Authority in the Netherlands (KSA) has imposed a half-million euro fine on LeoVegas, on the same day it gives the operator Vbet a warning for ‘shortcomings.’ The €500,000 ($590,000) fine for LeoVegas has come as the regulators said … Continue reading

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