Federal regulators are examining whether the president’s teleprompter operator used advance knowledge of speech drafts to win on a Kalshi market, the clearest example yet of the insider problem that has trailed prediction markets all year. It is the scenario prediction-market skeptics have warned about for a year, and it just landed inside the White … Read more
A letter of inquiry sent to the University of Cincinnati shifts the focus from what quarterback Brendan Sorsby did to what his school knew, and it could reshape how programs are held responsible when an athlete bets. For a year, the story was about a player. Now it is about a program. The NCAA’s long-running … Read more
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 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.