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Prediction markets like Kalshi and Polymarket were set to begin offering parlay betting in the coming days. This doesn't sit well with one casino sportsbook owner. Scroll down for all the hottest gambling news headlines.
Derek Stevens, the owner of Circa Casino and Sportsbook, had this to say:
At what point will US and State Legislators realize that @Kalshi @PolymarketSport & other #PredictionMarkets are simply illegal gambling? Tomorrow prediction market parlays become available.
Hard to believe all the legal entities that have a stake in the industry will lay down. No federal excise taxes, no state gaming taxes, no league fees, no official data fees, no geo comply fees, no compliance fees, no problem gambling funding etc.
Read the article below and it becomes apparent how delusional this has become.
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More Headlines Gambling911 is Following
Crime
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How Mom's Conversations in a Rio Hair Salon Led to Soccer Star's Unsubstantiated Betting Charges - Conversations in the hairdressing salon owned by the mother of Brazilian soccer player Lucas Paqueta were key to the West Ham forward being accused of spot fixing bets in the Premier League. Specifically, The FA claimed 542 bets had been placed by 253 different bettors, alleging at least 27 could be connected to Paqueta from his homeland. It said bets amounting to 46,759 pounds ($62,920) had been placed, resulting in winnings of 213,704 pounds ($287,585) and a profit of 166,945 pounds ($224,660). A commission would go on to find charges by the English Football Association to be unproven after the governing body claimed he had deliberately received yellow cards in four separate matches to affect betting markets. A central point of the case were conversations held in the salon in Rio owned by Paqueta's mother, Christiane Tolentino, which may have led to a flurry of bets. “I don’t know if anyone I have spoken to might have interpreted my normal conversations about Lucas as indicating that he was more likely to get a yellow card in a given match,“ she said in a witness statement (source: The Winchester Star)
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Remand for YouTuber Extended - A local court in Lahore on Wednesday extended the physical remand of YouTuber Saad-ur-Rehman, popularly known as Ducky Bhai, for two more days in a case linked to the alleged promotion of online gambling applications.
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Scammers Targeting Sports Bettors in Florida - As football season kicks off, the Better Business Bureau is warning Florida residents about a spike in scams tied to online sports betting and gaming. Since 2022, over 10,000 complaints have been filed, many involving fake gambling sites and imposter apps pretending to be trusted brands like Hard Rock Casino. The BBB urges consumers to only use the official Hard Rock Bet app, currently the only legal online sports betting platform in Florida. Slots, poker, and other forms of online gambling remain illegal in the state. (source: WFLA)
Gambling
- Dutch Gambling Regulator Fines Unibet Over Unauthorised Sports Betting Offerings - Dutch gambling regulator Kansspelautoriteit (KSA) said that Unibet offered unauthorised sports bets on several occasions between October 2022 and May 2025 with a €75,000 fine imposed for each week in which a violation occurred for a maximum penalty of €450,000. “Under Dutch gambling law, betting on certain matches and event components is prohibited. This is to protect the integrity of the sport and these bets, and to prevent manipulation of these sports bets,” the regulator said.
eSports
- Marvel Rivals is Coming to PS4 to Let Last Gen Players Join in - A new trailer has revealed that Marvel Rivals will be available on old-gen consoles for the first time. The Marvel-based hero shooter is coming to PlayStation 4 with the release of Season 4 on September 12th. Marvel Rivals[b] is a hero shooter video game developed and published by NetEase Games in collaboration with Marvel Games. The game was released for PlayStation 5, Windows, and Xbox Series X/S on December 6, 202. As of February 2025, the game has reached over 40 million players.
Sweepstakes Casinos
- Latest on California Efforts to Crack Down on Sweepstakes Casinos - NEW: California Senate Floor Analysis of AB 831 cites Sup. Ct.'s decision in Grewal, where patrons received 100 sweepstakes credits for every $1 purchased of internet time to play virtual slots for prizes; characterized as a "subterfuge to mask the illegal gambling activity."
Poker
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Why These Canada Poker Rooms Charge Absurd Rake But Remain Packed - The rake issue has been ongoing across Ontario, Canada's most populous province, with over 14 million residents. But the players keep showing up to pay the 10% up to $20 rake, even in $1/$3 games that are tough, if not impossible, to beat for much. "It's not only just bad, it's criminal," poker player Kyle Anderson said of Ontario cash game rake in a tweet. "It's horrific here, especially when you compare it to literally anywhere else in the world." The 20 card rooms in Las Vegas do not even collect half as much as most rooms in Ontario. Las Vegas poker rooms that offer various high-hand or bad beat jackpots will charge an extra $1-$3 for the jackpot drop. The poker community here, which is home to Daniel Negreanu, is significant, thus, they keep on returning. It's all about the limited competition. "If they can continue getting numbers like this at $20 per hand, and the players keep showing up, why would they stop?" Anderson asked. (source: Poker News)
Las Vegas
- Vital Vegas: What Sin City Will Be Doing to Turn Things Around - "We’ve been asked what LVCVA is doing to counter the “Vegas is dead” and “gouging” narratives. To-date: Zilch. Next week: A hell-ton. Sweeping changes are being made related to fees and guest experience. We’ve screamed for years a marketwide approach is vital—they’re listening." (source: Vital Vegas)
Betting Markets
- $374K bet on Notre Dame vs. Miami game on Sunday at Polymarket compared to $359K bet on Virginia Tech vs. South Carolina. Compare that to $1.3 million bet on the Texas vs. Ohio State game. Note: Polymarket does not currently accept customers from the US.
- $123 milliion bet on this week's college football games at Kalshi alone, and still counting.
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- Chris Costigan, Gambling911.com Publisher
