Galaxy Macau Tops July Premium-Mass Survey Despite Typhoon

Galaxy Macau captured an unusually large share of premium-mass betting observed during Citigroup’s July table survey, as activities linked to an international volleyball tournament helped the Cotai resort attract high-value customers despite disruption from Typhoon Noul. Analysts George Choi and Timothy Chau conducted the monthly survey on Friday while the storm approached Macau and Hong […]

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SBA Keeps Neutral Stance in Prediction Market Debate

The Sports Betting Alliance (SBA) is maintaining a neutral position on prediction markets as several of its member companies take different approaches to the expanding event-contract sector. The organization represents FanDuel, DraftKings, BetMGM, Fanatics Sportsbook and bet365. Its president, Joe Maloney, said the alliance is not lobbying either for or against prediction markets, even as the […]

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Tom Goldstein Receives Six-Year Sentence in Tax Fraud Case

Former Supreme Court advocate and SCOTUSblog co-founder Tom Goldstein has been sentenced to six years in federal prison following his conviction on tax and financial crimes connected to years of high-stakes poker gambling. U.S. District Judge Lydia Kay Griggsby imposed the sentence on Friday in Greenbelt, Maryland, concluding a case that drew widespread attention within […]

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Tom Goldstein Receives Six-Year Sentence in Tax Fraud Case

Former Supreme Court advocate and SCOTUSblog co-founder Tom Goldstein has been sentenced to six years in federal prison following his conviction on tax and financial crimes connected to years of high-stakes poker gambling. U.S. District Judge Lydia Kay Griggsby imposed the sentence on Friday in Greenbelt, Maryland, concluding a case that drew widespread attention within […]

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Tom Goldstein Receives Six-Year Sentence in Tax Fraud Case

Former Supreme Court advocate and SCOTUSblog co-founder Tom Goldstein has been sentenced to six years in federal prison following his conviction on tax and financial crimes connected to years of high-stakes poker gambling. U.S. District Judge Lydia Kay Griggsby imposed the sentence on Friday in Greenbelt, Maryland, concluding a case that drew widespread attention within […]

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Robinhood, Crypto.com Hold Talks on Prediction Market Deal

Robinhood Markets and Crypto.com are reportedly discussing a partnership that could add another provider of event contracts to Robinhood’s growing prediction markets business. Under the arrangement being considered, Robinhood users would gain access to prediction contracts supplied by Crypto.com through the brokerage company’s existing trading platform. Customers could trade the yes-or-no contracts without opening another account or […]

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Global Anti-Fraud Alliance Set for September Launch in China

China plans to establish an international law enforcement alliance against telecommunications and online fraud in September, with more than 40 countries indicating that they are interested in participating. The Ministry of Public Security announced the initiative during a July 24 news conference. Authorities plan to hold the founding ceremony at the 2026 Conference of the […]

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Global Anti-Fraud Alliance Set for September Launch in China

China plans to establish an international law enforcement alliance against telecommunications and online fraud in September, with more than 40 countries indicating that they are interested in participating. The Ministry of Public Security announced the initiative during a July 24 news conference. Authorities plan to hold the founding ceremony at the 2026 Conference of the […]

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Nevada Orders Kalshi Compliance With August 12 Deadline

Kalshi has agreed to stop offering certain event-based contracts to Nevada residents by August 12, following an agreement with the Nevada Gaming Control Board (NGCB) that resolves a pending contempt proceeding tied to alleged violations of a court order. State regulators announced (pdf) that the prediction market operator must complete the implementation of a geofencing […]

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Nevada Orders Kalshi Compliance With August 12 Deadline

Kalshi has agreed to stop offering certain event-based contracts to Nevada residents by August 12, following an agreement with the Nevada Gaming Control Board (NGCB) that resolves a pending contempt proceeding tied to alleged violations of a court order. State regulators announced (pdf) that the prediction market operator must complete the implementation of a geofencing […]

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