Author: Maisie Morrison

TLDR Thieves stole about $963,000 in sports and Pokémon cards from a FedEx truck in Santa Ana, California, on Oct. 13. Police said two pallets of cards were taken and a third was disturbed. Collector SKY-B said his full 104-card PSA submission, worth over $100,000, was lost in the theft. PSA says compensation will be based on fair market value, capped at each card’s declared insured value. The theft comes as card breaks and digital card packs face questions over gambling rules. Nearly $1 million worth of trading cards was stolen from a FedEx truck in Southern California. Police say…

TLDR DraftKings shares have fallen more than 40% so far in 2026, recently closing at $20.50. Morningstar gives the stock a five-star rating and a $39 fair value estimate. The company’s core sportsbook handle has grown by double digits in recent months. Competition from prediction markets has pushed sportsbooks to spend more. Two of three appeals courts have ruled against prediction market companies on sports contracts. Shares of DraftKings have dropped more than 40% so far this year. Investors have been weighing higher spending at the company and growing pressure from prediction markets. Still, one research firm believes the stock…

TLDR Former Democrat Party MP Sirichoke Sopha said 29 of 30 gambling websites he checked were still accessible in Thailand. The Digital Economy and Society (DES) Ministry reported blocking 945,075 gambling-related links. He said five major platforms received a combined 1.43 million monthly visits from Thailand. He asked DES Minister Chaichanok Chidchob to explain why major gambling sites remain online. He urged authorities to trace gambling money, including cryptocurrency transfers. A former Thai lawmaker has questioned the government’s crackdown on online gambling. Former Democrat Party MP Sirichoke Sopha said 29 of the 30 betting websites he checked could still be…

TLDR A Brennan Center study says election prediction market odds affect voters about as much as traditional polls. Voters were 10 to 20 percentage points more likely to believe a market favorite would win, regardless of polls. Only 20% of respondents view prediction markets as accurate. More than 80% want political event contracts more tightly regulated or banned outright. The findings come about two weeks before Election Day. Election prediction markets are shaping how American voters view candidates, according to a new study from the Brennan Center for Justice. The findings were released with Election Day about two weeks away.…

TLDR Former Southern Connecticut State University basketball player Elmin Redzepagic pleaded guilty to federal fraud and money laundering charges. More than 10 victims lost a combined $1,159,945 after he diverted their crypto investments to offshore casino Stake.com. He claimed a mysterious figure called “The Chef” controlled investor payouts and charged fake “gas fees” for withdrawals. He also admitted lying to IRS agents, including inventing a man named “Greg” who supposedly doubled investors’ money. Redzepagic remains free on a $500,000 bond, with sentencing set for January 11, 2027. A former college basketball player has pleaded guilty to federal charges after gambling…

TLDR South Korea’s Ministry of Gender Equality and Family plans to expand how it identifies and refers teens with gambling addiction for treatment. Teenagers made up 24.3% of people using the Korea Gambling Problem Agency’s treatment services in 2025, up from 6.2% in 2021. The plan focuses on training youth counselors and frontline workers to spot gambling problems earlier. The ministry wants to simplify referrals from youth counseling centers to specialized treatment facilities. Officials also discussed working with a voluntary reporting system for teens involved in online gambling. South Korea’s Ministry of Gender Equality and Family plans to expand how…

TLDR Brazil’s government estimates a betting ban would cost R$6.8 billion in lost revenue from late 2026 through 2027. BNLData puts the loss at R$18.2 billion over the same period, nearly three times the official figure. Federal taxes from the betting sector totaled R$9.95 billion in 2025 and are not included in the government’s estimate. Kambi director Mateo Lenoble says the ban has hurt investor confidence and created lasting legal uncertainty. Lenoble warns bettors may move to offshore sites, raising match-fixing and gambling harm risks. Brazil’s ban on online betting could cost public finances far more than the government expects.…

TLDR Fanatics Sports & Casino now offers free injury protection for entire NFL and NBA games. Eligible player prop bets are covered automatically, with no opt-in or claim needed. Injuries before halftime get instant refunds, while injuries after halftime are paid in FanCash. Fanatics says it is the first sportsbook to cover the whole game at no charge. Fanatics separately paid FanCash to bettors after Giants running back Cam Skattebo was benched. Fanatics Sports & Casino is expanding its player injury protection program. The sportsbook will now cover full NFL and NBA games at no extra cost to customers. The…

TLDR The Philippines led global online gaming search demand in September, moving ahead of Brazil and India, according to Blask. The Philippine Blask Index rose 87% year-on-year and 8% from August. Brazil’s index fell 31% year-on-year and 9% from August. Brazil still led on projected revenue, with an estimated earning baseline 53% higher than the Philippines. Brazil ordered licensed betting sites and apps to stop operating from October 6, following a September 25 provisional measure. The Philippines led the world in online gaming search demand in September, according to gaming analytics platform Blask. The country moved ahead of Brazil and…

TLDR Cambodia’s casino regulator is considering an online payment system to improve gambling duty collection. The plan was discussed Monday at a meeting with regulators and taxation officials. The proposed system would manage both gambling duties and the regulator’s own revenues. The government also plans to tighten oversight of gaming businesses and review licensing standards. Officials reviewed a draft law on illegal gambling with the Ministry of Economy and Finance on October 14. Cambodia’s casino regulator is looking at an online payment system to improve how it collects gambling duties. The plan was discussed at a conference held on Monday.…