ReadWrite 12 hr ago

House panel warns illegal gambling fuels scam networks across Southeast Asia targeting Americans

Illegal online gambling operations across Southeast Asia have grown into a major driver behind global scam networks now stealing billions… Continue reading H...

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ReadWrite 13 hr ago

FanDuel joins Formula 1 as betting partnership expands across America

Formula 1 is moving deeper into the American betting market after naming FanDuel an Official Betting Operator through a new… Continue reading FanDuel joins F...

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ReadWrite 13 hr ago

DraftKings fights NCAA trademark lawsuit over March Madness betting promotions claims

DraftKings is pushing back hard against the NCAA’s trademark lawsuit, telling a federal court the sports betting company legally used… Continue reading Draft...

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ReadWrite 13 hr ago

CFTC lawsuit challenges Minnesota felony ban targeting prediction market exchanges

The Commodity Futures Trading Commission (CFTC) is asking a federal judge to block a new Minnesota law that would make… Continue reading CFTC lawsuit challen...

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ReadWrite 1d ago

Connecticut police raid Tolland property arresting 100 suspects in cockfighting gambling investigation

Connecticut State Police arrested 100 people Friday after officers descended on a rural Tolland property that investigators say hosted a… Continue reading Co...

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ReadWrite 1d ago

Global unregulated gambling market reaches $5.9 trillion amid regulatory concerns

A fresh industry report says unregulated online gambling has become one of the world’s largest hidden digital economies, with global… Continue reading Global...

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ReadWrite 1d ago

Shareholders sue Sportradar after reports alleged extensive illegal gambling operator relationships

A proposed securities class action is targeting Sportradar Group AG after a shareholder accused the sports betting technology company of… Continue reading Sh...

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ReadWrite 1d ago

Evoke extended Bally’s Intralot deadline, keeping potential takeover discussions moving forward

Evoke has handed Bally’s Intralot more time to decide whether it will move ahead with a formal takeover offer for… Continue reading Evoke extended Bally’s In...

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ReadWrite 1d ago

Kalshi partners with Problem Gambling Council amid pressure on prediction markets

Kalshi said Monday (May 18) it will spend $2 million over the next two years on a partnership with the… Continue reading Kalshi partners with Problem Gamblin...

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ReadWrite 1d ago

Senators advance bipartisan bill restricting targeted sports betting ads toward minors

Sens. Katie Britt and Richard Blumenthal rolled out bipartisan legislation Monday (May 18) aimed at stopping online platforms from directing… Continue readin...

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ReadWrite 2d ago

Betano expands FIFA World Cup presence through new 2026 tournament partnership

Betano is heading back to soccer’s biggest stage after FIFA confirmed a new sponsorship agreement tied to the 2026 World… Continue reading Betano expands FIF...

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ReadWrite 2d ago

Arizona sports contracts lawsuit against Kalshi paused while Ninth Circuit appeals continue

A legal fight over prediction markets and state gambling authority is now on hold in Arizona while federal appeals judges… Continue reading Arizona sports co...

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