News Blog - Page 2 of 13
Score Big with The Sports Geek's $5K One Cup!
The FIFA World Cup is in full swing, but The Sports Geek is just heating up with an exclusive and free contest. The $5K One Cup gives you the chance to win a cool $5,000; all you have to do is make the correct picks!
Let's talk about how the whole thing works, what games will be part of it, and how to join:
The $5 One Cup: How it Works
You need make the correct picks from three games on ...
X Games Launches New Team League With Sports Betting in Mind
The X Games is changing the way it runs its competitions by launching the X Games League, a new team-based touring series. Unlike traditional X Games events, which happen only a few times each year, the new league will feature teams competing throughout an entire season.
One of the main goals of the league is to make action sports more appealing to sports bettors. By creating teams, regular ...
Federal Judge Allows UFC Freedom 250 to Move Forward on White House South Lawn
A federal judge has rejected a last-minute lawsuit that sought to stop UFC Freedom 250, a major mixed martial arts event scheduled to take place on the White House South Lawn. On Friday, U.S. District Judge Amit Mehta ruled that the people who filed the lawsuit did not show enough legal grounds to block the event, allowing it to continue as planned.
The Lawsuit, and Why It Failed
Two Virg...
CFTC Releases First Prediction Markets Rules: Terrorism and Assassination Bets Banned
Federal regulators have taken their first major step toward regulating prediction markets. On June 10, 2026, the Commodity Futures Trading Commission (CFTC) released a proposed rule that would ban contracts tied to terrorism, assassinations, and war.
The proposal is the agency’s first formal effort to create clear rules for the growing prediction markets industry, which allows people to trad...
North Carolina Sports Betting Reaches $561M in May as Lawmakers Consider Higher Tax Rate
North Carolina's sports betting market continues its remarkable run, with bettors wagering more than $561 million in May 2026, marking the ninth straight month the state has surpassed the $500 million threshold.
The milestone arrives as state budget negotiators have quietly agreed to hike the tax rate on licensed operators from 18% to 23%, a move that has drawn sharp pushback from the indust...
Lawsuit Puts UFC's White House Event Card at Risk
A lawsuit from the Public Integrity Project is putting one of Dana White's biggest UFC projects in danger. The legal challenge could affect the UFC event tied to the White House and may force changes before Sunday's scheduled fights.
Fans and sports bettors are now watching closely to see what happens next.
A Passion Project Under Fire, and What It Means for Sunday’s Card
The White Hou...
Yellow-Card Betting Raises Integrity Concerns Ahead of 2026 World Cup
Yellow-card betting is drawing increased attention ahead of the 2026 World Cup. Because players or referees can influence yellow cards without affecting the final result, regulators view these bets as a potential integrity risk.
Sportsbooks may limit or remove some card-related betting options during what is expected to be a record-setting tournament.
Why Card Props Create Unique Manipula...
Texas Tech QB Brendan Sorsby Wins Injuction in Gambling Case, Can Play in 2026
Texas Tech quarterback Brendan Sorsby won a temporary court ruling that allows him to play during the 2026 football season. The decision came after the NCAA punished him for placing bets on Texas Tech games.
According to reports, Sorsby will miss two games, but can return afterward. The ruling is important because a starting quarterback can have a major effect on a team's success and on spor...
Federal Prosecutors Add Bribery Charge Against NBA's Terry Rozier in Sports Betting Case
Federal prosecutors have expanded their case against Miami Heat guard Terry Rozier by filing new criminal charges. According to a superseding indictment, prosecutors accuse Rozier of accepting money to leave a Charlotte Hornets game early in March 2023. They claim this allowed other people involved in the plan to win large sports bets tied to his performance.
The case has drawn attention bec...
SEC Mandates Sports Betting Education for All Student-Athletes Ahead of 2026-27 Season
The Southeastern Conference (SEC) is taking new steps to address the growing popularity of sports betting among college athletes. SEC Commissioner Greg Sankey announced Wednesday during the conference’s spring meetings in Florida that all student-athletes will be required to complete a sports betting education video before their first regular season game in 2026-27.
The decision comes as spo...
The Sports Geek’s World Cup Pick’em Contest Is Officially Live!
The countdown to the 2026 FIFA World Cup is on, and there’s no better way to experience every upset, breakout star, and unforgettable moment than by putting your soccer knowledge to the test in The Sports Geek’s free World Cup Pick’em Contest.
With the tournament returning to North America this summer, fans across the United States and Canada now have a chance to compete for bragging rights, a...
Nevada Congresswoman Pushes Back Against CFTC's Prediction Market Oversight
A Nevada congresswoman criticized the CFTC for regulating prediction markets tied to sports and other events. He argued the agency should focus on commodities instead of betting-style contracts.
The debate could reshape how Americans place wagers, with Nevada leaders supporting state control while federal regulators claim authority over prediction markets.
Nevada's Defense of State Gaming...
Rhode Island AG Sues Polymarket and Kalshi Over Alleged Unregulated Sports Betting
Rhode Island Attorney General Peter Neronha has filed a lawsuit against Polymarket and Kalshi, two of the world’s biggest online prediction market platforms. The lawsuit claims the companies are running unregulated sports betting operations in Rhode Island.
The 32-page complaint was filed on May 21 in Providence County Superior Court. It argues that the companies’ “event contracts” are reall...
Jake Paul's Betr Buys Licensed Broker, Teams Up With Polymarket
Jake Paul’s gaming company, Betr, has bought Ascent Capital Management Inc. The deal gives Betr approval to operate in the prediction markets industry under federal rules. In May 2026, the company also announced a partnership with Polymarket to bring prediction markets directly into the Betr app.
The Deal That Opens the Door to Prediction Markets
Betr’s purchase of Ascent Capital Manageme...
Congress Investigates Kalshi and Polymarket Over Insider Trading Concerns
Congress is increasing pressure on the growing prediction markets industry. On May 22, House Oversight and Government Reform Committee Chairman James Comer announced investigations into possible insider trading involving prediction market platforms Kalshi and Polymarket.
Comer revealed the investigations during an appearance on CNBC’s “Squawk Box.” The probe focuses on suspicious trades conn...