The Ringer founder admitted on his podcast to letting someone else place FanDuel bets under his account, breaching proxy-betting rules.
Enforcement
Prediction market Kalshi disclosed five new enforcement cases, including a lifetime ban for George Santos and penalties on candidates who bet on their own races.
CFTC settlement finds Gabriel Perez used advance access to Trump's speeches to profit on 39 of 43 Kalshi "mention" contracts.
HISA accuses professor and horse owner Marshall Gramm of misusing confidential vet records for wagering and claiming decisions.
Florida escalates its sweepstakes-casino crackdown, suing Stake and VGW plus payment processors, alleging illegal online gambling under state law.
GCI says illegal streams logged 174 billion views during the 2026 World Cup, with most carrying ads for offshore gambling operators.
Kalshi lost in Connecticut and Washington state courts this week as the CFTC took the unusual step of ordering it to keep operating in New York.
Baltimore alleges Kalshi, Polymarket and partner apps ran unlicensed sports wagering, deepening North America's prediction-market legal fight.
Prediction market platforms are referring dozens of suspected insider traders to the CFTC, but a gutted enforcement staff has charged just three people.
New York City Council has demanded user, revenue and marketing data from four prediction market platforms amid fears youth are being targeted.