All posts tagged "Gambling"

Republican insiders watching President Donald Trump's grip on power slip ahead of the midterms have started to use burner phones while it's believed that some staffers are wagering on prediction markets, according to a report.

Polymarket, an online prediction market platform, has suggested as of Tuesday that Democrats have an 84 percent chance of taking control of the House and 51 percent chance of winning back the Senate, The i Paper reported. Democrats need three House seats and four Senate seats to flip Congress to blue.

Trump's dropping approval rating and the Iran war have left Republicans increasingly concerned about November. ...

Federal prosecutors were determining if prediction market bets have violated insider trading laws, according to a CNN report Monday.

The heads of the securities and commodities fraud unit in the U.S. attorney's office for the Southern District of New York reportedly met with Polymarket representatives to learn more about how existing laws could be interpreted as part of an investigation into possible misconduct.

Polymarket is one of the leading prediction betting platforms in the growing industry and follows the Department of Justice's inquiry over potential lucrative trades that happened around the capture and arrest of Venezuelan President Nicolás Maduro on Jan. 3. ...

The National Football League — by far the richest sports league in the world — paid for several U.S. House of Representatives aides to attend last month’s NFL Draft.

The catch?

The aides allowed top NFL officials lobby them on issues of significant financial and political importance to the league....

Hundreds of Midtown East residents voiced overwhelming opposition to a plan to build an underground casino next to the United Nations during a heated town hall Thursday evening, with shouts of “blood money” and “not here!” The plan, from the Soloviev Group, would be for a massive entertainment district dubbed “Freedom Plaza” that would include a casino, hotel, shops, open space and over 500 units of affordable housing between 38th and 41st St. beside the FDR Drive. The developers presented the plan at a public meeting hosted by state Sen. Kristen Gonzalez at the NYU College of Dentistry, with ......

A Massachusetts woman won big for a second time on a lottery ticket. But this time, her prize was even bigger. Desiree Fortini-Craft of Hyde Park won a scratch-off game’sthird grand prize of $25 million, according to a Massachusetts State Lottery news release. Fortini-Craft won on the Massachusetts State Lottery’s “Billion Dollar Extravaganza,” a $50 instant game. When she saw she won the grand prize, she hid her ticket and went on vacation, according to the lottery. “She said that she had scratched her winning ticket a few weeks ago and stored it in a secure place before going on a trip to Ar......

SAN JOSE, Calif. — After meeting with proponents of a new sports betting initiative for the 2024 ballot, California’s casino gaming tribes Thursday gave it a thumbs down and asked that they withdraw the plan. The California Nations Indian Gaming Association, representing 52 tribes, said in an announcement Thursday afternoon that after meeting online with Kasey Thompson and Reeve Collins, the men pushing the idea, its members voted to oppose two proposed sports wagering initiatives filed with the California Attorney General’s Office in in October. “Our opposition could not be more clear and is ......