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Don’t bet on it: MD eyes action against election ‘trading’ on prediction markets
Maryland residents wagering on the outcome of elections using online prediction markets could find themselves on the wrong side of election law and potentially face criminal prosecution, officials say.
US regulator maps out rules for soaring prediction market industry
The top U.S. derivatives regulator released new draft regulations governing the burgeoning prediction markets industry.
Kalshi cannot operate sports-prediction market in Massachusetts, judge rules
A judge ruled that prediction-markets operator Kalshi cannot let Massachusetts residents bet on sports through its online platform.
MD college athlete included in indictment for rigging basketball games
Federal prosecutors charged 26 people — including a Coppin State University player — with rigging bets on basketball games.
NCAA won’t let athletes or athletic department staff bet on pro sports amid gambling scandals
NCAA athletes and athletic department staff will not be allowed to bet on pro sports after the organization rescinded a rule change.
Baltimore’s lawsuit against DraftKings sent back to state court
A federal judge sent Baltimore’s lawsuit against DraftKings and FanDuel back to state court, where all agree the city has an advantage.
Sports wagering contributed over $10M to MD education in October
Maryland sports wagering generated $14.1M in October, funding schools through the Blueprint for Maryland’s Future education reform plan.
NCAA delays rule change letting college athletes bet on pro sports
The NCAA is delaying a rule change that will allow athletes and athletic department staff members to bet on professional sports.
Experts: Criminal intent will be key in prosecuting NBA player, coach in gambling cases
NBA coach Chauncey Billups and guard Terry Rozier are being charged in illegal schemes related to sports betting and gambling activity.
How a 2018 Supreme Court decision paved the way for meteoric growth in legal sports betting
Supreme Court’s 2018 sports betting ruling faces scrutiny after arrests in schemes involving NBA figures and Mafia-linked gambling operations.
NBA head coach and player charged in sprawling sports betting and Mafia-backed poker schemes
An NBA head coach and an NBA player were arrested with more than 30 other people in a takedown of two sprawling gambling operations.
NCAA will allow college athletes to bet on pro sports starting Nov. 1
The NCAA approved a rule change that will allow athletes and athletic department staff members to bet on professional sports.
