Prediction markets soar ahead of the Super Bowl
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
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Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Americans are expected to spend a record-breaking $1.76 billion on this weekend's big game, according to the American Gaming Association. Hua Gong, assistant professor of sport analytics at Rice University, joins "The Daily Report" to discuss a study he co-authored that found a link between sports betting and violent crime.
Former New Jersey Gov. Chris Christie was once one of legalized sports gambling's greatest advocates, but ahead of Sunday's Super Bowl, he's concerned it's going too far. Christie joins "The Takeout" to discuss.
Lawmakers are warning Americans to beware the many financial scams linked to Super Bowl LX, from fake betting sites to counterfeit tickets.
Federal prosecutors have charged 26 people, including many college basketball players, in an illegal gambling probe. Danny Funt, author of "Everybody Loses: The Tumultuous Rise of Sports Gambling," joins to unpack the alleged scheme.
NBA player and coach among 30+ arrested in investigations into gambling, sports rigging; High early voting turnout in 2025 elections.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Prediction markets, like Kalshi, which allow people to place wagers on everything from elections and sports to the anticipated bridesmaids at Taylor Swift's wedding, are booming. But this burgeoning business model is coming under scrutiny.
The people behind the prediction market Kalshi, where people can place wagers on everything from elections and sports contests to the anticipated bridesmaids at Taylor Swift's wedding, say its users trade a billion dollars every week. But as prediction markets are expanding, this burgeoning business model is coming under the scrutiny of some state regulators and attorneys general. Jo Ling Kent reports.
A New Jersey-based illegal sports betting ring allegedly headed up by a mafia member has been broken up, officials said Thursday.
Two Major League Baseball players have been charged with sharing inside information with gamblers, according to a federal indictment unsealed on Sunday. CBS News' Lindsey Reiser looks at how prolific sports betting has become since its legalization in 2018.
Federal agents said they arrested Luis Leandro Ortiz Ribera in Boston Sunday and also revealed the indictment against Emmanuel Clase de la Cruz.
Former NBA player and coach Damon Jones entered not guilty pleas Thursday in a pair of cases alleging his involvement in illegal gambling rings.
Former NBA player and assistant coach Damon Jones pleaded not guilty to fraud and money laundering charges on Thursday. CBS News national correspondent Meg Oliver has the details.
Former NBA player Damon Jones is set to be arraigned Thursday in connection with two federal criminal cases into illegal betting. CBS News' Meg Oliver has the latest.
Major League Baseball says it's weighing a ban on all prop betting, which is a wager on an individual player or event that isn't necessarily tied to the outcome. CBS News justice correspondent Scott MacFarlane has more.
The NBA is now playing under a cloud of suspicion after arrests in sports rigging and illegal gambling probes. Chris Mannix, senior writer at Sports Illustrated, joins to discuss what he's learned from his NBA sources. Then, Ethan Shackelford, a principal security consultant at IOActive, who has conducted extensive research into rigging casino card-shuffling machines, joins us to share his findings.
An NBA Hall of Famer, a current star and former player are among dozens arrested in an FBI crackdown on illegal gambling that includes alleged members of organized crime families.
The Miami Heat guard was arrested in Orlando in a federal sports betting case that prosecutors say involved using confidential NBA information to place illegal wagers.
Among those taken into custody in the betting investigation today are Portland Trail Blazers coach Chauncey Billups, Terry Rozier of the Miami Heat and former NBA player Damon Jones.
Dozens of people, including Portland Trail Blazers coach Chauncey Billups and Miami Heat player Terry Rozier, have been arrested and charged in connection with two federal probes into an alleged widespread sports betting scheme and an organized crime ring. Prosecutors accuse Rozier of working with a betting ring to influence prop bets. CBS News reporter Elaine Quijano breaks down what prop bets are.
Dozens of people, including former and current NBA players and a coach, have been charged in connection with two investigations into an alleged widespread sports betting scheme and organized crime ring, the FBI and federal prosecutors announced. Elaine Quijano reports.
Federal prosecutors have accused current and former NBA players and coaches of taking part in two stunning gambling schemes. The first indictments accuse players of using insider information for illegal sports betting and the second claims coaches held rigged poker games with ties to the mafia. Two-time NBA champion and former U.S. Senator Bill Bradley joins "The Daily Report" to discuss.
Portland Trail Blazers coach Chauncey Billups and Miami Heat player Terry Rozier are among the dozens who have been charged in connection to two investigations into an illegal sports betting scheme and an organized crime ring, the FBI said Thursday. CBS News justice correspondent Scott MacFarlane breaks down the details. Then, Chris Mannix, senior writer at Sports Illustrated, joins with analysis.
Sports betting is surging in popularity, especially among younger men — with some now facing debt and addiction, 60 Minutes reported last year. A massive gambling scandal involving some top names in the NBA exploded into view Thursday morning.
President Trump defended his first year back in office in his 2026 State of the Union address, touting his record on immigration, the economy, tariffs and more.
CBS News fact checked President Trump's 2026 State of the Union address, and Virginia Gov. Abigail Spanberger's Democratic response.
Former Treasury Secretary Larry Summers will resign from his remaining roles at Harvard over his ties to Jeffrey Epstein, the university confirmed to CBS News.
Casey Means is an ally of Health and Human Services Secretary Robert F. Kennedy Jr. and an advocate for his "Make America Healthy Again" agenda.
Iran accuses Trump of lying in his State of the Union about the country's nuclear ambitions, as the next round of bilateral talks looms.
The bill would ban distribution of taxpayer money for any "January 6th compensation fund" and any further refund of damage payments made by convicted Capitol rioters.
About 50 million workers lack access to employer-sponsored retirement plans, a hurdle to setting aside money for old age.
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, and it mixes pop, rap, metal, R&B and more.
Former Treasury Secretary Larry Summers will resign from his remaining roles at Harvard over his ties to Jeffrey Epstein, the university confirmed to CBS News.
Consumers today can easily spend more than $1,000 a year for streaming TV, music and other widely used apps, new analysis finds.
About 50 million workers lack access to employer-sponsored retirement plans, a hurdle to setting aside money for old age.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
A New Hampshire resident has been charged after a shooting involving a Border Patrol agent at a Canada crossing, the DOJ says
Consumers today can easily spend more than $1,000 a year for streaming TV, music and other widely used apps, new analysis finds.
Microsoft co-founder and billionaire philanthropist Bill Gates has apologized to staff of his foundation over his ties to Jeffrey Epstein.
About 50 million workers lack access to employer-sponsored retirement plans, a hurdle to setting aside money for old age.
A college degree still provides an edge when it comes to finding a good job, but a person's major may be just as important to career stability, research suggests.
Six in 10 employers want workers with AI skills, but few are offering higher base pay or bonuses for the know-how.
Former Treasury Secretary Larry Summers will resign from his remaining roles at Harvard over his ties to Jeffrey Epstein, the university confirmed to CBS News.
Casey Means is an ally of Health and Human Services Secretary Robert F. Kennedy Jr. and an advocate for his "Make America Healthy Again" agenda.
Iran accuses Trump of lying in his State of the Union about the country's nuclear ambitions, as the next round of bilateral talks looms.
The bill would ban distribution of taxpayer money for any "January 6th compensation fund" and any further refund of damage payments made by convicted Capitol rioters.
President Trump delivered his 2026 State of the Union address on Tuesday night. Read the transcript and watch the full video.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Starting in 2027, the Danish pharma firm will sell its weight-loss and diabetes drugs for $675 per month.
Robert F. Kennedy Jr. has criticized the broadening use of anxiety medications, but doctors and researchers say the MAHA movement is misrepresenting drugs that have been proven to help.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return.
After decades of American children routinely receiving polio vaccines, the virus that had doomed many to paralysis was nearly eliminated in the United States. But vaccine avoidance today may allow the crippling disease to return. CBS News chief medical correspondent Dr. Jonathan LaPook talks with David Oshinsky, author of "Polio: An American Story," and with violin virtuoso Itzhak Perlman, who contracted polio as a child, about how parents opting out of vaccinations for their children could affect polio rates here.
A British gym chain is offering classes in "kidulting," luring adults into fitness with classes built around playground and PE class classics.
Australian detectives arrested two men over the alleged kidnapping and murder of an elderly grandfather in a suspected case of mistaken identity.
Microsoft co-founder and billionaire philanthropist Bill Gates has apologized to staff of his foundation over his ties to Jeffrey Epstein.
Iran accuses Trump of lying in his State of the Union about the country's nuclear ambitions, as the next round of bilateral talks looms.
Tommy Schaefer was sentenced for the 2014 murder of Sheila von Wiese-Mack, the mother of Heather Mack, during a luxury vacation.
"Survivor" returns Wednesday for its 50th season, featuring fan-favorite contestants over the past 25 years. "CBS Mornings" has a preview of the historic season.
Actor and comedian Martin Short has postponed upcoming dates of his comedy tour with longtime friend Steve Martin as he grieves the sudden death of his 42-year-old daughter, Katherine. Vladimir Duthiers reports.
The Rock & Roll Hall of Fame announced 17 nominees for its class of 2026, including Phil Collins, Mariah Carey, Iron Maiden and Luther Vandross. The new members will be revealed in April.
The Rock & Roll Hall of Fame has announced its 2026 list of nominees, including Phil Collins, Mariah Carey, Wu-Tang Clan and more.
Jeff Probst, who has hosted "Survivor" since it first aired more than 25 years ago, talks with "CBS Mornings" about how the 50th season is different, fan influence and what to expect with the premiere on Wednesday.
Consumers today can easily spend more than $1,000 a year for streaming TV, music and other widely used apps, new analysis finds.
Defense Secretary Pete Hegseth told Anthropic CEO Dario Amodei he had until the end of this week to give the military a signed document that would grant full access to its artificial intelligence model, a sources said. The demand came during a meeting at the Pentagon on Tuesday. Ian Krietzberg, an AI correspondent at Puck, joins "The Daily Report" to discuss.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
The Pentagon may decide to officially designate Anthropic as a "supply chain risk" to push them out of government, sources say.
CrowdStrike is reporting an increase in AI-driven attacks around the world. Adam Meyers, the head of counter adversary operations at CrowdStrike, joins CBS News with more details.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Australian detectives arrested two men over the alleged kidnapping and murder of an elderly grandfather in a suspected case of mistaken identity.
A New Hampshire resident has been charged after a shooting involving a Border Patrol agent at a Canada crossing, the DOJ says
Tommy Schaefer was sentenced for the 2014 murder of Sheila von Wiese-Mack, the mother of Heather Mack, during a luxury vacation.
A man fatally stabbed four people before being shot dead by a sheriff's deputy outside a home northwest of Tacoma, Washington, authorities said.
The killing of Mexican cartel boss "El Mencho" has led to massive unrest across the country. Ray Donovan, who served as chief of operations at the Drug Enforcement Agency and oversaw the capture of El Chapo, joins with analysis.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
The space agency said Sunday it's targeting Tuesday for the slow, four-mile trek across Kennedy Space Center, weather permitting.
The Artemis II mission aims to send four astronauts — Reid Wiseman, Victor Glover, Christina Koch and Canadian astronaut Jeremy Hansen — on a flight around the far side of the moon and back.
An internal investigation is blasting NASA's handling of the first piloted flight of Boeing's Starliner spacecraft in 2024. The flight left two astronauts stuck on the International Space Station for nearly a year. The investigation found the flight was plagued by potentially life-threatening technical and management failures.
President Trump has ordered the release of all government documents related to aliens, UFOs and extraterrestrial life. It comes after former President Barack Obama addressed the topic earlier this week and said aliens are real, a statement which he later modified. CBS News contributor Janna Levin has more details.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump's State of the Union address drew angry responses from Democrats and some moments of unity in the chamber on Capitol Hill. CBS News' Nancy Cordes, Caitlin Huey-Burns and Major Garrett break down what to know about the remarks.
GOP Sen. Bill Cassidy questioned Casey Means, President Trump's nominee for surgeon general, about birth control and whether she would encourage women to vaccinate their children against measles. He then asked Means whether she would encourage Americans to get the other vaccines.
Four University of Iowa students watched the State of the Union address with CBS News' Lana Zak and reacted to President Trump's remarks. Zak breaks down their comments.
Casey Means, President Trump's pick for surgeon general, gave her opening statement at her Senate confirmation hearing on Wednesday. She defended her credentials and praised the Trump administration for its focus on addressing chronic disease issues.
President Trump spoke about ongoing tensions with Iran during his State of the Union address. CBS News' Charlie D'Agata breaks down the regime's current stance.