Crypto Gambling

Prediction market Polymarket is allowing users to bet on whether some of the world’s biggest banks will collapse this year, sparking warnings that such activity could potentially help fuel the financial panic it predicts. More than $77,000 has been traded on a Polymarket market asking which major b…

Kalshi will provide CBS News with prediction market data for its coverage of the US midterm elections. The elections are expected to be tightly contested, with control of both the House of Representatives and Senate at stake. As part of its coverage, CBS News will combine its traditional “Battlegro…

The Department of Justice (DOJ) argues in a federal court filing that binary event contracts like the ones a US Army Special Forces soldier traded to net $409,000 on a prediction market meet the legal definition of a “swap.” In April, a federal grand jury in the Southern District of New York indict…

Maxxed, a crypto casino and sportsbook operated by Obsidian Ventures Limited, has opened its Discord and X channels and launched a $10,000 community giveaway before its platform goes live in October 2026. The brand, which is licensed in Anjouan, will debut with more than 5,000 games, over 15 Maxxed…

BetFury has launched BetFury Futures, a crypto derivatives product built into its ecosystem that offers a multiplier of up to x1000. The product combines Bitcoin trading with FuryWaves, BetFury’s proprietary game tool, bringing crypto markets and in-house gaming together on a single platform for tr…

Expanding into new markets usually means expanding the payment stack with them. A merchant enters a new GEO, adds local payment methods, builds another checkout flow, adjusts localisation, monitors performance and starts again in the next market. It works, but scaling this model across dozens of co…

Polymarket is introducing deposit limits, voluntary self-exclusion and access to mental health resources as the prediction market platform faces increased scrutiny from lawmakers over consumer protections, state gambling laws and suspicious trading. The measures allow traders to set daily, weekly a…

Polymarket is rolling out a series of protocols aimed at enhancing responsible trading and boosting mental health among clients. The prediction market giant announced the debut of the Trust & Safety Center, which will serve as a one-stop shop where traders can learn about Polymarket trading rules a…

Prediction market operator unveils a range of tools user protections.

A former manager of a West Virginia nonprofit veterinary clinic has admitted embezzling more than $624,000 from his employer to feed an online gambling addiction—and ultimately gambling away every cent. Jerod Timothy Vannatter, 43, pleaded guilty Monday (September 28) to a federal money laundering…

The new platform is opening its Discord, X, and a $10,000 community giveaway before the first bet is placed, and is inviting players to help shape the product while it is still being built. Maxxed, a new crypto casino and sportsbook, will open to players in October 2026 with 5,000+ Games, 15+ Maxxe…

Ahead of its scheduled launch in October 2026, crypto casino and sportsbook Maxxed is building its user base in reverse, fostering an 8,000-strong pre-launch community to shape its platform ahead of day one. The post Maxxed to launch crypto casino and sportsbook following community-led development…

X Corp. has accused crypto gambling entrepreneur Ossi Ketola and Duel.com of repeatedly bribing its employees and contractors as part of an elaborate campaign to seize valuable usernames, restore suspended accounts, and target rivals and critics. The explosive allegations are contained in a lawsuit…

Maxxed, a new crypto casino and sportsbook, will open to players in October 2026 with 5,000+ Games, 15+ Maxxed Originals and a full sportsbook in seven languages. Its relationship with players starts before launch day. The usual way to launch an online casino is simple: build the product, open the…

TheGamblest had a chance to talk to Arturs Zagurilo, the CEO of GammaPlus. During the discussion, Arturs told about the prediction market gold rush and why everyone wants a seat at the table, also what the industry look like in three years. TheGamblest: Arturs, could you briefly introduce yourself…

Regulus Partners estimates that Brazil’s online gambling ban has a 5% chance of becoming permanent, describing this as “the least likely result, in our view at 5%”. Brazilian law has allowed the president to implement provisional measures effective immediately since 1988, before Congress reviews an…

Proprietary trading firm Raven has initiated a strategic funding round at a $90 million pre-money valuation. With backers like Coinbase Ventures and CMCC Global, Raven has secured significant investor attention. Raven operates across crypto, real-world assets, and prediction markets, and is operati…

As part of a broader effort to lure more business from institutional market participants, Polymarket announced today that it hired former Goldman Sachs partner Lisa Mantil as head of institutional growth. In her new role at Polymarket, Mantil, who spent nearly three decades at the largest U.S. inve…