The Trump business behind Truth Social is replacing a former congressman and big supporter of the U.S. president as leader of the social media platform after a stock collapse in the past year. Devin Nunes, a former California congressmen in Donald Trump’s first term, is being replaced temporarily by digital media executive Kevin McGurn as chief executive officer. The company, Trump Media & Technology, didn’t give a reason for Nunes leaving. After soaring following Trump’s re-election in November 2024, stock in the company plunged 67%, wiping out more than $6 billion in investor wealth.
Ex-NBA player and assistant coach Damon Jones is expected to become the first person to plead guilty in a gambling sweep that led to the arrests of more than 30 people, including reputed mobsters and other basketball figures. A change of plea hearing for Jones is scheduled for April 28 in Brooklyn federal court. That's according to court filings on Thursday. The 49-year-old Jones had previously pleaded not guilty to separate indictments charging him with profiting from rigged poker games and providing sports bettors with non-public information about injuries to stars LeBron James and Anthony Davis. A message seeking comment was left for his lawyer, Kenneth Montgomery.
They're called meat raffles, and they're a tradition in a few pockets of the U.S. They're featured mainly at neighborhood bars or at American Legion or VFW posts in Minnesota, Wisconsin and New York state. Players enter for a chance to win a pack of ground beef, hot dogs, chicken breasts or steaks. The profits go to charity. But the games are under pressure in Minnesota due to rising meat prices. Minnesota’s prize limit was set at $70 total per event nearly 40 years ago. So there’s a move afoot at the state Capitol to raise the cap to $200.
A federal judge has denied a bid by prediction market operator Kalshi to bar Arizona prosecutors from moving forward with a criminal case against the company. Judge Michael Liburdi also has denied Kalshi’s request for a ruling saying federal law trumps Arizona’s gambling laws. Liburdi says it's too early in the case to decide that point. Kalshi faces 20 misdemeanor counts of wagering in Arizona. State prosecutors allege Kalshi accepted bets on political outcomes, college sports and individual player performance. Kalshi maintains it’s a financial marketplace rather than a gambling operation and should answer only to the U.S. Commodity Futures Trading Commission, not the state of Arizona.
The federal government is suing Connecticut, Arizona and Illinois, challenging their efforts to regulate prediction market operators such as Kalshi and Polymarket. All three states have sent cease and desist orders to such companies accusing them of engaging in illegal online gambling under state law. Arizona also filed criminal charges last month against Kalshi for allegedly violating state gambling laws and a law that makes betting on elections illegal. The Commodity Futures Trading Commission contends in court filings Thursday that it, not the states, regulates these companies. Last month, the Trump administration threw its support behind Kalshi and Polymarket.
March is Gambling Awareness Month, raising awareness about gambling addiction and promoting prevention.
Between September 2024 and September 2025, there were five million fewer wagers placed in Illinois, which is a 15% decrease in sports betting statewide.
The Illinois Gaming Board said in an Aug. 4 press release that it has adopted new rules that restrict how casino, video gaming and sports wagering operators can advertise in the state.
SPRINGFIELD, Ill. (WAND) - When the fiscal year 2026 budget passed a couple of weeks ago, so did an increased tax on sports gambling in the st…
(WAND) — The Illinois Gaming Board (IGB) is adopting a few new proposed rules following their April 24 meeting.