How Sports Bettors Say Gambling Is Impacting Their Financial Health—More Likely To Miss Bill Payments

The post Phillies’ Bryce Harper Sends Thank You To Gambling Addict After $18 Million Bets appeared on BitcoinEthereumNews.com. PHILADELPHIA, PENNSYLVANIA – OCTOBER 06: Bryce Harper #3 of the Philadelphia Phillies looks on during the first inning in game two of the National League Division Series against the Los Angeles Dodgers at Citizens Bank Park on October 06, 2025 in Philadelphia, Pennsylvania. (Photo by Emilee Chinn/Getty Images) Getty Images Philadelphia Phillies superstar Bryce Harper has spent years building one of baseball’s strongest endorsement portfolios while remaining among the sport’s most recognizable faces. Like many elite athletes, that visibility has also made him a frequent participant in promotional campaigns for major corporate partners. But, at least in retrospect, one of his latest endorsement efforts might have helped encourage a gambling addict to continue incurring losses on one of the most popular sports betting platforms in the world. ForbesTrump Sends Dodg

The post ‘Major loss’: New York Court rejects Kalshi’s injunction request appeared on BitcoinEthereumNews.com. Prediction market platform Kalshi has suffered a legal loss in New York. According to a court filing on the 7th of July, the firm was denied a preliminary injunction by Judge Analisa Torres of the Southern District of New York.  Judge Torres maintained that gambling falls under the purview of local state oversight.   The scope of laws regulating gambling and lotteries is clearly a matter of predominantly state concern. Additionally, Judge Torres clarified that federal law, the Commodity Exchange Act, does not preempt state gambling laws.  Courts apply a presumption against preemption with respect to areas where states have historically exercised their police powers. Source: Court Listener  She explained that such a presumption arises only when Congress legislates in a field traditionally governed by the states. In other words, federal authority applies only where Congress has

VAR, gambling, and gimmicks is changing what it means to be a fan

The proposed rules would preserve election markets and allow many sports-based prediction contracts while limiting bets that could encourage manipulation.

Argentina’s bill would block crypto payments to illegal gambling sites and add prison terms of up to 6 years.

Kalshi and Polymarket lost bids to block gambling cases in Nevada and Washington. A three-judge Ninth Circuit panel denied emergency motions from both Kalshi and Polymarket to block lower court rulings, sending gambling enforcement cases in Nevada and Washington back…

Tether freezes $213M in USDT linked to Gurhan Kiziloz following Brazilian court ruling. Tether has frozen more than $213 million linked to Gurhan Kiziloz and 48 USDT accounts associated with his company following a Brazilian court ruling tied to gambling…