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Tag Archives: ReadWrite
Inside the family ties behind Lucchese syndicate’s alleged New Jersey betting ring
Multiple family members were caught up in an alleged sports betting ring in New Jersey, with connections to a known crime family. Fourteen people have been charged with running a sports betting ring in New Jersey, in a move announced … Continue reading
NBA requests documents and phone records from teams in wake of illegal gambling investigation
The NBA has requested documents and phone records from several teams, including the LA Lakers, as part of an ongoing illegal sports gambling investigation. Multiple teams, including the LA Lakers, have been asked to hand over documents, records, and other … Continue reading
Michigan orders three online casinos to halt illegal operations immediately statewide
The Michigan Gaming Control Board (MGCB) has told three online casinos Cryptowins Casino, Slotland Casino, and Winaday Casino to stop operating in the state. The agency sent cease and desist letters after deciding the sites were offering gaming illegally in … Continue reading
Black market risk: will banning sweepstakes push players offshore?
Sweepstakes are gaining a lot of regulatory attention across the US right now – but could this end up pushing more players onto the black market? More and more state authorities are stepping in to close oversight gaps around sweepstakes … Continue reading
UK gambling tax: gathering industry storm ahead of potential budget changes
The looming delivery of the November 2025 budget has sparked a storm of speculation about the potential impact of a tax increase on Britain’s economy and gambling infrastructure. With any potential changes to taxation in a nation, there comes a … Continue reading
SGLA testifies before Massachusetts committee about ‘Social Plus’ gaming
The Social Gaming Leadership Alliance (SGLA) has this week (November 13) testified before a Massachusetts committee on a bill that contains provisions that could see Social Plus games banned in the Commonwealth. Just the day before, the alliance announced the … Continue reading
MGM welcomes ‘new era’ for Vegas resort with $300M remodel
The MGM Grand Hotel and Casino, which opened in Vegas in 1993, has undergone a massive $300 million room and suite model within the main tower. A new collection of 3,969 rooms and suites have been unveiled, with the interiors … Continue reading
NFL memo outlines ‘prohibited’ prop bets as it takes over sports
The NFL has come out with a memo for team officials to try to curb the rise of prop bets. With multiple sports franchises now dealing with rigged bets fiascos, the NFL appears to be trying to come out ahead … Continue reading
Polymarket opens ‘beta test’ for re-entering US as it targets sportsbooks
Polymarket is attempting to re-enter the United States market, as it reportedly begins beta testing its operation. It has started this plan by allowing some users access, as well as matching trades. The prediction market had originally left the US after … Continue reading
PrizePicks launches prediction markets through new partnership with Kalshi
PrizePicks has announced a multi-year partnership with Kalshi, which it calls the largest prediction market in the world. It also introduced a new prediction markets feature through its subsidiary, Performance Predictions II, a federally approved Futures Commission Merchant. This comes … Continue reading