Clase Trial: Co-conspirators dance to Backstreet Boys, then bet on alleged rigged pitches
In testimony this week, an FBI special agent described evidence of interactions between the MLB All-Star and co-conspirators in the rigged pitching trial.
Financial Analysts Not Sold on Sports Event Contract Prediction Market ETF Plans
US financial analysts have criticized plans to launch sports-event contract prediction market ETFs, raising concerns about their similarity to stock picking. These proposed ETFs, which would be tied to sports outcomes, are awaiting approval from the SEC.
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Casino Pauma opens sportsbook on California tribal reservation
Casino Pauma has launched a retail sportsbook on the Pauma Indian Reservation in California, permitting guests aged 18 and older to place wagers via self-service kiosks. The opening ceremony featured Pauma Band of Luiseño Indians leadership and former NFL player Shawne Merriman, who placed the venue's first bet. The facility introduces on-reservation sports betting within the state's tribal gaming landscape.
Black market set to take £500 million on jump racing season, BGC warns
The Betting and Gaming Council has warned that unlicensed operators are projected to take £500 million in wagers over the current British jump racing season. The trade body highlighted independent data showing a surge in illegal online gambling traffic in the UK ahead of the Cheltenham Festival.
Sportradar broadens portfolio with major esports deal
Sportradar has expanded its Unified Odds Feed by integrating content from esports odds suppliers DATA.BET, Esportsbull, and GRID. The agreement broadens the range of esports betting content available to operator clients, allowing them to select their preferred odds provider on a title-by-title basis.
Black market bookies to take half a billion in bets during jump season
An estimated £500m is forecast to be staked with unregulated black market operators throughout Britain's National Hunt jump racing season. The Betting and Gaming Council highlighted the escalating threat posed by unlicensed betting to British racing's funding, estimating that £10m will be wagered illegally during the Cheltenham November meeting alone.