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Latest News in Sports & Betting
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August 26, 2026
Connecticut on Wednesday became the latest state to sue prediction market Kalshi for allegedly offering illegal sports gambling to its users, asking a court to shut down unlicensed wagers in the state and opening a new front in a legal battle that has previously reached the Second Circuit.
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August 26, 2026
Joe Gibbs Racing's former competition director can't pursue counterclaims alleging the NASCAR super team violated state and federal cyber hacking statutes when it allegedly accessed "off-limits" information on his devices during a forensic review, a North Carolina federal judge ruled Wednesday in their high-profile trade secrets dispute.
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August 26, 2026
TWG Global, the company that owns the Los Angeles Lakers and Dodgers, on Wednesday blasted "attacks" it has faced from "unnamed sources" in the news media over federal probes into its insurance holdings, saying its affiliated transactions are legitimate and a $12.5 billion planned sale of the Lakers is "no fire sale."
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August 26, 2026
An Oregon businessman who withheld employment taxes from employees' pay but did not pay the taxes to the IRS was sentenced to 42 months in prison for tax evasion and other crimes and ordered to pay nearly $1.2 million in restitution, the U.S. Department of Justice said.
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August 26, 2026
Altenar told a New Jersey federal court that Sportradar is trying to force a case accusing it of monopolizing the U.S. sports betting data market into arbitration in Switzerland based on a terminated contract that only covered foreign markets.
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