Platforms such as Kalshi and Polymarket allow users to trade “event contracts” on outcomes such as elections, weather, pop culture and, increasingly, sports.
Chauncey Billups, coach of the Portland Trail Blazers, and Miami Heat reserve Terry Rozier were among more than 30 people charged in ”illegal gambling schemes,” according to federal authorities.
President Trump’s comments this week, specifically directed at Boston and its mayor, Michelle Wu, have stirred some confusion ahead of next year’s tournament.