Tag

Gambling

All articles tagged with #gambling

health-and-society3 days ago

Families Urge Greater Acknowledgment of Gambling in Inquests

Families are calling for greater recognition of gambling as a factor in suicides, highlighting the difficulties in having gambling considered in inquests, despite evidence linking gambling disorders to increased suicide risk. The case of Lee Adams, who placed over 600 bets before taking his life, underscores the need for systemic reform and better support for affected families.

finance13 days ago

2026 Tax Laws and Provisions Impacting Your Wallet

The article outlines various financial changes expected in 2026 due to the One Big, Beautiful Bill Act, including large tax refunds, new deductions for seniors and charitable giving, increased SALT caps, and modifications to gambling and estate laws, alongside potential financial challenges from cuts to social safety net programs and higher costs in areas like energy and student debt management.

health15 days ago

Colorado's Gambling Expansion: Boosting Revenue or Increasing Addiction?

Colorado has expanded its gambling laws, leading to increased revenue but also a rise in problem gambling, with concerns about addiction and calls to support services growing. The state benefits financially from gambling taxes, yet faces public health challenges as more residents develop gambling issues, especially among young males, prompting calls for better regulation and support systems.

business25 days ago

DraftKings Expands into CFTC-Approved Prediction Markets Across 38 States

The prediction markets industry is rapidly expanding in the U.S., with major sportsbooks like DraftKings launching prediction market apps, sparking conflicts with land-based casinos and regulators. These markets are integrating into various platforms, potentially challenging traditional sportsbooks by offering alternative betting options, while facing legal and regulatory hurdles.

sports27 days ago

NCAA Blocks Kalshi's Portal Trading Proposal

Kalshi, a prediction market platform, has notified regulators of plans to list markets on whether college athletes will enter the transfer portal, drawing criticism from the NCAA due to concerns over athlete pressure and integrity. While Kalshi states it has no immediate plans to offer such trading, the move highlights ongoing tensions between emerging prediction markets and sports regulatory bodies.

sports2 months ago

MLB Implements New Gambling Safeguards Amid Guardians Betting Scandal

The article discusses recent indictments of two MLB pitchers, Emmanuel Clase and Luis Ortiz, for allegedly throwing pitches out of the strike zone to facilitate gambling prop bets, highlighting the risks to the integrity of baseball and the challenges posed by the rise of legal sports betting, especially on specific pitches, which can significantly alter game outcomes. It calls for stronger reforms, including banning credit card deposits for gambling, to protect the sport's integrity.

sports2 months ago

Cleveland Guardians Pitchers Indicted in Sports Gambling Scheme

Two Cleveland Guardians pitchers, Luis Ortiz and Emmanuel Clase, were indicted for conspiring with sports bettors to rig pitches during MLB games in 2023 and 2025, leading to illegal profits and undermining the integrity of the sport. Ortiz was arrested, while Clase remains at large, with both accused of accepting bribes to throw specific pitches, including on the first pitch of at-bats, causing significant financial gains for bettors and violating league rules.