A federal indictment unsealed in Brooklyn accuses the former Milwaukee Bucks guard and five others, including an NBA agent, of manipulating his own rebound and point totals so insiders could cash prop bets. It is the latest blow to the league’s uneasy marriage with legal betting. The player prop, the bet on a single athlete’s … Read more
The MLB prop bet ban proposed by the players union landed in CBA talks this week. It would hit sportsbooks, daily fantasy sites, and prediction markets alike.
The 57th WSOP is underway in Las Vegas through July 15, and this year players can pay their tournament entry fees in Solana with no processing fees. Stablecoin payouts are coming, but not until December. Poker’s biggest event is in full swing in Las Vegas, and the 2026 edition arrived with a first that has … Read more
Indiana’s ban takes effect July 1, joining a national wave that has already wiped out the dual-currency casino model in state after state. If you play on Chumba, Stake.us, or Pulsz, your account and your balance are on the clock. The clock is running on sweepstakes casinos in Indiana. On July 1 the dual-currency sites … Read more
The first World Cup on home soil since betting became legal is on pace to be the biggest in history, and prediction markets are quietly carrying the action into states that never legalized it. The 2026 World Cup is on pace to become the largest betting event in human history. The most revealing thing about … Read more
Gamblers Now Owe Tax on Money They Never Won. The Fix Is Stuck in Congress. The federal gambling loss deduction changed on Jan. 1, 2026, and the change is now real money out of real pockets. Under the old rule, a gambler who itemized could deduct losses up to the full amount of winnings, so … Read more
The 2026 World Cup is the first on US soil since legal sports betting spread nationwide, and New Jersey wants a 10% cut of the wagers, while prediction markets and offshore books circle the states where sportsbooks still cannot operate.
DraftKings and FanDuel walked away from the AGA in November 2025 and now sit opposite the trade group at the first congressional hearing on federally regulated event contracts. The May 20 Senate Commerce Subcommittee hearing marks the formal start of federal legislative consideration.
The federal calendar between June and September 2026 brings trial-track activity in two interconnected gambling probes that together have generated indictments naming approximately sixty defendants. The cases share an FBI investigative umbrella known internally as Operation Nothing But Net.