Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in the operation to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
Category: Gambling
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Soldier Used Classified Information to Bet on Maduro’s Ouster, U.S. Says
The New York Times – Business: -
Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
The New York Times – Business:Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.
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March Madness Puts Las Vegas Back in the Game
The New York Times – Business:The influx of fans during this month’s college basketball tournament is a welcome lift to the city’s casinos and hotels after a dismal 2025, when the number of visitors fell 7.5 percent.
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Arizona Files Criminal Charges Against Kalshi, the Prediction Site
The New York Times – Business:The state accused Kalshi on Tuesday of operating an illegal gambling business, escalating the legal battle between states and prediction markets.
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How Anonymous Bettors Cashed In on the Iran Strike, Just Hours Before It Happened
The New York Times – Business:Polymarket users placed hundreds of bets of at least $1,000 predicting an imminent American strike, raising concerns about insider trading.
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How a Trump Tax Break Rescued Horse Racing
The New York Times – Business:Owners spent nearly $1.5 billion last year on racehorses, a big increase over 2024. A new tax provision allows them to immediately deduct the full cost of the purchase.
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N.F.L. Suspends Calvin Ridley for Betting on Games
The league said that Ridley, a receiver for the Atlanta Falcons, bet on games in November 2021 while he was on leave from the team to address a mental health issue.
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Can A.I. Help Casinos Cut Down on Problem Gambling?
The opportunities seem endless. The reality is much more complicated.
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Americans Strongly Favor Moneymaking Deals for College Athletes, Poll Says
While consensus existed over college athletes being able to earn from endorsements, there were splits on gambling and paying player salaries.
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Americans Strongly Favor Deals for College Athletes, Poll Says
While consensus existed over college athletes being able to earn from endorsements, there were splits on gambling and paying player salaries.
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Betting on Prediction Markets Is Their Job. They Make Millions.
Welcome to the era of the Polymarket sharp.