News Archives

Underdog Aristotle Lawsuit: The $850M Carve-Out Explained

Aristotle's Delaware Chancery suit says Underdog's $850M management incentive plan hides deal value from sellers. Here's where IG's $2.15B actually goes.

News 4 days ago 14 min read

Florida Sweepstakes Casino Lawsuit Hits the Payment Rails

Florida sued Stake, VGW and five payment processors over sweepstakes casinos. The processor claims are the part that travels.

News 4 days ago 17 min read

Mathew Bowyer Casino Fines Hit $34M as Venetian Pays $7.2M

Nevada fined The Venetian $7.2 million over illegal bookmaker Mathew Bowyer, taking total Bowyer-related casino penalties to $34 million.

News 1 week ago 17 min read

Prediction Market Taxes 2026: The IRS Still Won’t Answer

Halfway through 2026 the IRS still has not said how prediction market winnings are taxed, leaving traders with three defensible answers.

News 2 weeks ago 17 min read

Fake Roshtein on Kick Pushed Duel With $200M Balances — Then the Channel Vanished

A clone-style Kick channel pushed Duel with absurd balances then vanished. Real Roshtein is still live.

News 3 weeks ago 8 min read

Iran Illegal Gambling Network Routed $4B Via Dubai Crypto

Investigators say a 2,000-site Farsi gambling network sat inside a $4 billion Dubai crypto pipeline.

News 3 weeks ago 16 min read

New York Sues Kalshi: 8-Count Gambling Case

New York's eight-count Kalshi case tests gambling law, federal preemption and the future of sports prediction markets.

News 3 weeks ago 13 min read

Stake Streamer Braz Accused of Faking $10K Leaderboard: @Headlightslol, @dumatown Allege Fake Tops and a $1K Payout

Players allege a Stake partner cut a $10k leaderboard to $1k after fake top wagers.

News 4 weeks ago 9 min read

Kalshi Recession Odds Hit 6%: What the Number Really Means

Kalshi’s recession market is in single digits, but its narrow GDP rule changes what that signal really means.

News 4 weeks ago 11 min read

BetOnline Blackjack Jackpot Dispute: The $220K Case

A forensic reconstruction of the disputed US$220,550 blackjack hand, missing rules, conflicting evidence and unverified B.C. lawsuit outcome.

News 4 weeks ago 16 min read

Stake Drake Lawsuit: Court Sends RICO Claims to Arbitration

Virginia court stays the Stake Drake lawsuit, sending claims to arbitration—not a merits dismissal.

News 4 weeks ago 10 min read

Google Ads Sweepstakes Casino Policy: Two Doors, 16 Days

Google tightened its gambling ad rules twice, and loosened them once 16 days earlier on a different ad surface.

News 4 weeks ago 15 min read