The federal government has now charged an MLB pitcher with taking bribes to rig pitches, arrested 34 people across two concurrent NBA gambling investigations, and indicted 39-plus college basketball players across 17 Division I programs in a point-shaving operation that ran for nearly three years. Sports betting integrity isn’t a hypothetical concern anymore. It’s aContinue reading “Federal Indictments Are Doing Congress’s Job on Sports Betting”
Category Archives: Opinion
A Gambling Reference Every 4 Minutes: Sports TV Has a Problem It Won’t Admit
The Washington Post trained an AI to watch 50 hours of sports television and count gambling references — commercials, arena logos, broadcast overlays, analysts quoting spreads. Nearly 90,000 frames analyzed. The result: one gambling reference every four minutes, across every sport, every broadcast, every network. Hockey was the worst. Gambling references appeared in 60% ofContinue reading “A Gambling Reference Every 4 Minutes: Sports TV Has a Problem It Won’t Admit”
The Knicks Are -245 ECF Favorites and History Says That Should Terrify You
ABC didn’t even wait for Cleveland to finish the job. During Game 7 of the Cavaliers-Pistons second-round series, the network accidentally aired a fully produced Knicks-Cavaliers ECF promo before the outcome was decided. The internet lost its mind. Detroit fans declared the fix was in. And honestly? The basketball gods agreeing with ABC on theContinue reading “The Knicks Are -245 ECF Favorites and History Says That Should Terrify You”
Senate Sports Betting Hearing: What the “No Sure Bets” Hearing Actually Means
The Senate Commerce Subcommittee has scheduled a hearing for May 20 titled “No Sure Bets: Protecting Sports Integrity in America,” and if you follow this industry closely, the name alone tells you everything about who’s driving the agenda. Congress doesn’t call a hearing “No Sure Bets” because it’s trying to protect you. It calls aContinue reading “Senate Sports Betting Hearing: What the “No Sure Bets” Hearing Actually Means”
Kalshi Is Running a Sportsbook and Calling It a ‘Prediction Market’ — And States Are Fighting Back
Kalshi raised $1 billion yesterday. Sequoia, a16z, and Coatue handed it over at a $22 billion valuation — making Kalshi one of the most richly valued companies in the prediction market space, or the sports betting space, depending on which regulator you ask. Arizona says the second one, and they’ve filed 20 criminal misdemeanor countsContinue reading “Kalshi Is Running a Sportsbook and Calling It a ‘Prediction Market’ — And States Are Fighting Back”
The Appeals Court Ruling That Could Send Sports Betting to the Supreme Court
Eight years ago, PASPA fell and 39 states built a $13-plus billion legal sports betting industry from the rubble. Now a federal appeals court ruling — and a circuit split that appears to be forming in real time — could bypass that entire structure, not through new legislation but through a 1974 commodities law thatContinue reading “The Appeals Court Ruling That Could Send Sports Betting to the Supreme Court”
The College Basketball Point-Shaving Scandal Is Exactly What Betting Critics Said Was Coming
If you wagered on mid-major college basketball over the past two seasons, there’s a real chance you lost money to a fixed game. Not a maybe. Not a conspiracy theory. A federal indictment unsealed in January laid it out: 29 games fixed or attempted across 17 Division I programs, 39+ players implicated, and a gamblingContinue reading “The College Basketball Point-Shaving Scandal Is Exactly What Betting Critics Said Was Coming”
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