#online-gambling — Public Fediverse posts

Popular Information: Pulitzer-winning newsrooms are quietly publishing mountains of gambling slop. “A large network of prominent regional newspapers has posted thousands of low-quality articles promoting gambling and prediction markets — and is pretending it’s journalism.”

New York Times: Dozens of Polymarket Bets Show Signs of Insider Trading, The Times Finds. This link goes to a gift article. “A New York Times examination found that more than 80 Polymarket users have placed bets with suspicious characteristics, including 38 whose well-timed wagers have drawn little or no public attention. They won money across nearly 30 topics dating back to at least 2024, […]

NPR: Campaign staffers tell NPR they make ‘thousands’ betting on their own candidates. “For this campaign staffer, the method was simple. First, they’d receive a tip on an unreleased poll and compare it with the odds on a prediction market, like PredictIt or Polymarket. If the poll reported their candidate had a better chance of winning than the prediction markets, they’d use this edge to buy […]

Wall Street Journal: Why almost everyone loses—except a few sharks—on prediction markets . This is an MSN-syndicated version of the article and has no paywall. “Kalshi and its competitor Polymarket advertise themselves as life-changing tools for regular people—implying everyone has a fair chance to score. ‘I was about to be unable to pay my rent, but I got two years of rent through […]

The Hill: Kalshi launches features to keep kids off betting platform. “The prediction market Kalshi is cracking down on kids using the platform, launching new features Monday to prevent individuals younger than 18 years old from accessing the site.”

Politico: Senate bans senators from prediction market trading. “The Senate Thursday unanimously voted to ban senators and their staff from trading on prediction markets, a practice that has come under growing scrutiny on Capitol Hill in recent months. The resolution, spearheaded by Sen. Bernie Moreno (R-Ohio), prohibits senators and staff from using prediction markets. It goes into effect […]

University of Cambridge: Gambling ads on social media reach more than twice as many men as women. “Researchers led by the University of Cambridge analysed 411 advertisements from 88 licensed gambling operators in Ireland and found that young men were reached 2.3 times more than women across Meta platforms including Facebook and Instagram, even if the ads were not directly targeting men. The age […]

CNBC: Kalshi suspends, fines 3 congressional candidates in ‘insider trading’ enforcement actions. “Prediction market platform Kalshi said it suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for ‘political insider trading’ activity on their own campaigns.”

Interesting research indicates interactions of cryptocurrency in support of human trafficking operations increased 85% year-over-year.

Further, this increase in cryptocurrency activity related to human trafficking is aligned with the growth of Southeast Asia based scam compounds, online casinos and gambling sites, and money laundering networks. https://www.chainalysis.com/blog/crypto-human-trafficking-2026/ #Crypto #CryptoCrime #CryptoCurrencies #HumanTrafficing #CSAM #SoutheastAsia #BlockChain #OnlineGambling #OnlineScams #MoneyLaundering #Crime #OnlineCrime #ChainAlysis

South Korean Fugitive Arrested In Las Piñas City

The Bureau of Immigration (BI) announced that it apprehended a South Korean fugitive  in Las Piñas City for illegal online gambling operations

To put things in perspective, posted below is an excerpt from the BI’s official announcement. Some parts in boldface…

In line with the directive of President Ferdinand Romualdez Marcos Jr. to intensify the crackdown on foreign fugitives and transnational crimes, the Bureau of Immigration (BI) reported the arrest of a South Korean national wanted by international authorities for operating illegal online gambling operations.

BI Fugitive Search Unit (FSU) agents, in coordination with the Korean National Police Agency and the Philippine National Police–Integrity Monitoring and Enforcement Group, arrested Lee Jonghak, 37, on Tuesday morning , April 14, at a residence in a subdivision in Pamplona Dos, Las Piñas City.

Lee is the subject of an Interpol Red Notice issued in 2025, stemming from an arrest warrant released by the Incheon District Court on the same year for violations of South Korea’s National Sports Promotion Act related to illegal online gambling operations.

Investigations by Korean law enforcement revealed that from August 2021 until recently, Lee and his accomplices operated at least 23 illegal online gambling websites from different locations.

The group reportedly managed sports betting and casino-style games, recruited members, and facilitated financial transactions, generating over KRW 5.33 billion in profits. Authorities estimate the syndicate’s total earnings to have exceeded KRW 350 billion.

Lee reportedly served as an assistant manager overseeing multiple operational teams composed of around 300 employees. The exact amount he personally received remains under investigation.

Records from the BI showed that Lee last arrived in the Philippines in 2024 and was admitted under a probationary permanent resident visa. He was later included in the Bureau’s blacklist and watchlist as an undesirable alien and fugitive from justice.

Let me end this post by asking you readers: What is your reaction to this recent development? Are you thankful to the Bureau of Immigration for arresting the fugitive?  

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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NiemanLab: Prediction markets are breaking the news and becoming their own beat. “Keeping up with prediction markets is practically a full-time job, and for a few journalists they’ve become an opportunity to stake out a new beat at the intersection of politics, culture, finance, technology, sports, and even possibly true crime.”

RE: https://flipboard.com/@ctvnews/top-stories-19khdp21z/-/a-dcweBSyWSECxSl5WFLL8Yw%3Aa%3A2823982346-%2F0

Betting is bad. Deregulating it to allow for betting on outcomes of war, etc. it is only making it worse. #onlinegambling #gambling #onlinebetting #betting #cdnpoli #cdnecon #vices

Courthouse News Service: Wisconsin governor signs bill legalizing online sports betting run by tribes . “The new law legalizes online event and sports betting in the state, so long as the server or device used to conduct the wager is constructed on tribal land and aligned with tribal gaming compacts. It does so by adding an exception to the legal definition of ‘bet’ to allow for digital bets […]

Futurism: Google News Now Prominently Featuring Polymarket Bets. “Google News has started showing Polymarket bets alongside actual news articles, often appearing as large blocks that contain links to numerous gambling opportunities on the service.” UGH.

Associated Press: Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers. “Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred.”

Modern Day Robin Hood? Kalshi Is Giving War Profiteering Back to the Little Guy

https://web.brid.gy/r/https://thehardtimes.net/blog/modern-day-robin-hood-kalshi-is-giving-war-profiteering-back-to-the-little-guy/

Thursday, March 26, 2026

https://activitypub.writeworks.uk/2026/03/thursday-march-26-2026/

The Guardian: Bets on US-Iran ceasefire show signs of insider knowledge, say experts. “Several accounts on the online platform Polymarket laid bets on a US-Iran ceasefire over the weekend that appeared to show signs of insider knowledge, according to experts. Eight accounts, all newly created around 21 March, bet a total of nearly $70,000 (£52,000) on there being a ceasefire. They stand to […]

The Guardian: AI chatbots point vulnerable social media users to illegal online casinos, analysis shows. “AI chatbots are recommending illegal online casinos to vulnerable social media users, putting them at increased risk of fraud, addiction and even suicide.”

Calls for Regulation Grow as Polymarket Bets on Iran War Top $529 Mil

https://murica.website/2026/03/calls-for-regulation-grow-as-polymarket-bets-on-iran-war-top-529-mil/

Gizmodo: Kalshi Bans MrBeast Video Editor and Political Candidate Over Insider Trading. “Kalshi has temporarily banned two people from betting on its platform, a video editor for MrBeast and a former gubernatorial candidate in California, over allegations of insider trading, according to a new blog post from the company. The two men have been issued fines, and their cases are being referred to […]

Courthouse News: New York accuses gaming giant Valve of getting kids hooked on gambling with ‘loot boxes’. “In a 52-page complaint, filed in New York Supreme Court, the state takes aim at three of Valve’s most popular games: Counter-Strike 2, Dota 2 and Team Fortress 2. The latest iteration of each game is free to download, but allows players to open virtual crates for around $2.50 a […]

Explore the rising trend of online gambling addiction in 2025 and beyond — its causes, risks, and what you need to know to stay aware and safe.

Read: https://www.mattsheabooks.net/why-online-gambling-addiction-is-rising-in-2025-and-beyond/

#OnlineGambling #AddictionAwareness #DigitalRisks #StayInformed #MentalHealth #ResponsibleGaming