Spotlight Online betting scandals are getting worse. Will Congress intervene? Zachary Schermele USA Today May 4, 2026 May 4, 2026 Updated May 11, 2026 0 × Straight Arrow News Polymarket is stepping up oversight after prosecutors charged a U.S. soldier with using classified information to bet on a military operation. Prefer us on Google Learn More Facebook Twitter Bluesky WhatsApp SMS Email Print Copy article link Save WASHINGTON — As scandals continue to plague popular online betting platforms, calls to intervene grow louder within Congress.kAmr@?EC@G6CD:6D =2DE >@?E9 — 7C@> A@=:E:42= 42?5:52E6D AC@7:E:?8 7C@> E96:C @H? 42>A2:8?D E@ 2 D@=5:6CVD 2==6865 36E @? 2 >2;@C >:=:E2CJ @A6C2E:@? — AC@>AE65 2 F?2?:>@FD pAC:= b_ 564:D:@? E@ 492?86 E96 $6?2E6VD CF=6D] $6?2E@CD 2?5 E96:C DE277 >6>36CD H6C6 32??65 7C@> EC25:?8 @? 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New Lincoln road closures could affect how you get around kAmQxE D9@F=5 36 6G6CJ3@5J[Q $6?] y2>6D {2?<7@C5[ #\~<=2][ E@=5 &$p %@52J] Q$E2CE:?8 H:E9 >6>36CD W@7 r@?8C6DDX]Qk^AmkAmpC<2?D2D #6A] uC6?49 w:==[ E96 #6AF3=:42? 492:C>2? @7 9:D 492>36CVD u:?2?4:2= $6CG:46D r@>>:EE66[ D2:5 E96 w@FD6 @7 #6AC6D6?E2E:G6D :D =@@<:?8 2E AC@9:3:E:@?D 7@C :ED =2H>2<6CD D:>:=2C E@ H92E E96 $6?2E6 A2DD65] w6 6IA64ED E96 6I64FE:G6 3C2?49 E@ C6G:6H :ED CF=6D[ E@@]k^Am Scandals involving online prediction markets Kalshi and Polymarket have ramped up pressure on Congress to act. Alan Nguyen, USA Today illustration kAmq:==D H6C6 :?EC@5F465 :? C646?E >@?E9D D66<:?8 E@ C6:? :? 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A=2E7@C>[ 3FE >2?J FD6CD 7:?5 4C62E:G6 H2JD E@ 2AA62C @?=:?6 2D :7 E96JVC6 @FED:56 E96 &?:E65 $E2E6D[ H9:49 AC6D6?E65 2 3:8 AC@3=6> 7@C 7656C2= C68F=2E@CD] k^Am Most Polymarket traders lost money while a small group captured the majority of profits. Benzinga - News k9amp C@4<J >@?E9 7@C AC65:4E:@? >2C<6EDk^9am kAmx? E96 7:CDE H66< @7 pAC:=[ !@=J>2C<6E H2D 7@C465 E@ AF3=:4=J 2A@=@8:K6 7@C 2==@H:?8 FD6CD E@ A=246 36ED @? E96 72E6D @7 EH@ &]$] A:=@ED 27E6C E96:C ;6E 4C2D965 :? xC2?] #6A] $6E9 |@F=E@?[ s\|2DD][ H9@ 7:CDE 3C@F89E 2EE6?E:@? E@ E96 :?4:56?E @? D@4:2= >65:2[ 42==65 :E Q5:D8FDE:?8]Qk^Am kAm~? pAC:= aa[ z2=D9: 7:?65 2?5 DFDA6?565 E9C66 A@=:E:42= 42?5:52E6D 7C@> :ED A=2E7@C> 7@C ECJ:?8 E@ 82:? 7:?2?4:2==J 7C@> E96:C @H? AC:>2CJ 42>A2:8?D] ~?6 @7 E96 42?5:52E6D[ ':C8:?:2VD |2C< |@C2?[ D2:5 96 36E @? 9:>D6=7 ;F>A:?8 :? 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E96 E:>:?8 @7 E96 @A6C2E:@?] w6 A=62565 ?@E 8F:=EJ E@ :?D:56C EC25:?8 492C86D]k^AmkAm%96 :?4:56?E H2D 2 Q567:?:E6 ?2E:@?2= D64FC:EJ E9C62E[Q D2:5 q=F>6?E92=[ 2 |2C:?6 r@CAD G6E6C2?]k^Am Crime-courts Justice Department charges soldier accused of betting $400,000 on Maduro removal Jasper Ward Reuters k9am#68F=2E@CJ 7:89Ek^9am kAm~?6 @7 E96 3:886DE 32CC:6CD E@ 7FCE96C C68F=2E:?8 AC65:4E:@? >2C<6ED :D 2 7:89E @G6C H9@ 92D A@H6C @G6C E96>]k^Am kAm%96 7656C2= 8@G6C?>6?E D2JD :EVD E96 r@>>@5:EJ uFEFC6D %C25:?8 r@>>:DD:@?] %96 ru%r EJA:42==J 92D 2 3:A2CE:D2? 7:G6\A6CD@? 4@>>:DD:@?[ 3FE :? 2 9:DE@C:4 D9:7E D:?46 %CF>AVD C6EFC? E@ E96 (9:E6 w@FD6[ :E 92D @?=J @?6i 2 492:C>2? ?2>65 |:4926= $6=:8]k^AmkAm%9@F89 $6=:8 D2:5 96VD 4@>>:EE65 E@ AC6G6?E:?8 :?D:56C EC25:?8[ 9:D E@?6 E@H2C5 AC65:4E:@? >2C<6ED H2D =6DD E92? 288C6DD:G6] Q(6’C6 ?@E 2 >6C:E A@=:46>2? E92E A:4<D 2?5 49@@D6D H9:49 4@?EC24ED A6@A=6 D9@F=5 @C D9@F=5 ?@E 36 23=6 E@ EC256[Q 96 D2:5 C646?E=J]k^Am kAm$E2E6D 2?5 EC:32= 8@G6C?>6?ED D66< E@ E2<6 6?7@C46>6?E 24E:@?D 282:?DE AC65:4E:@? >2C<6ED] %96J 3642>6 :?G@=G65 :? 5@K6?D @7 =2HDF:ED 282:?DE E96 ru%r D:?46 =2DE J62C[ 2C8F:?8 E96J 92G6 2FE9@C:EJ @G6C A=2E7@C>D E92E[ :? E96:C G:6H[ 2C6 6DD6?E:2==J 7@C>D @7 82>3=:?8]k^Am kAm%96 9:89\DE2<6D BF6DE:@?D 2E E96 46?E6C @7 E96 DH2C> @7 =:E:82E:@? F=E:>2E6=J >2J 6?5 FA 367@C6 E96 $FAC6>6 r@FCE]k^Am President Donald Trump is seen talking with Donald Trump Jr. during an April 11 UFC fight. Sam Navarro, Imagn Images k9am%96 %CF>A 724E@Ck^9amkAm%CF>AVD 4=@D6 4@??64E:@?D E@ E96 :?5FDECJ 2=D@ >F55=6D 677@CED :? r@?8C6DD E@ 4C24< 5@H? @? AC65:4E:@? >2C<6ED]k^Am kAm(9:=6 %CF>A D2:5 96VD Q?@E 92AAJ H:E9 2?J @7 E92E DEF77[Q 9:D @H? D@?[ s@?2=5 %CF>A yC][ D6CG65 2D 2? 25G:D6C E@ z2=D9: 2?5 !@=J>2C<6E] %CFE9 $@4:2=[ E96 AC6D:56?EVD D@4:2= >65:2 4@>A2?J[ 6G6? =2F?4965 2 762EFC6 =2DE J62C 42==65 %CFE9 !C65:4E]k^AmkAmp== E9@D6 E:6D 5@?VE D66> E@ 92G6 3=:?565 E96 AC6D:56?E E@ E96 @?=:?6 36EE:?8 H@C=5VD :==D[ H9:49 96 =2>6?E65 C646?E=J E@ C6A@CE6CD]k^Am kAmQ%96 H9@=6 H@C=5[ F?7@CEF?2E6=J[ 92D 364@>6 D@>6H92E @7 2 42D:?@[Q 96 D2:5]k^Am Column Are we turning too much of life into a wager? | The Ethical Life podcast Scott Rada Football Brendan Sorsby's gambling addiction a symptom of our broader illness | Opinion Nancy Armour USA TODAY 0 Comments Get Government & Politics updates in your inbox! Stay up-to-date on the latest in local and national government and political topics with our newsletter. Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Oil-price bets ahead of Iran war news totaled $7 billion, reporting shows The well-timed trades have triggered calls from legal experts and lawmakers for regulators to investigate whether they were based on inside in… Polymarket expands trade monitoring after insider betting case tied to Maduro raid Polymarket is stepping up oversight after prosecutors charged a U.S. soldier with using classified information to bet on a military operation. Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio | All Of Our Podcasts Recommended for you Watch Now: Related Video CWS bracket breakdown with Tom, Gary and Evan | Pick Six Podcast Chief ribbon cutting Chief ribbon cutting People attend College World Series Fan Fest People attend College World Series Fan Fest Nebraska Reptiles Nebraska Reptiles
Crime-courts Justice Department charges soldier accused of betting $400,000 on Maduro removal Jasper Ward Reuters
Football Brendan Sorsby's gambling addiction a symptom of our broader illness | Opinion Nancy Armour USA TODAY
Oil-price bets ahead of Iran war news totaled $7 billion, reporting shows The well-timed trades have triggered calls from legal experts and lawmakers for regulators to investigate whether they were based on inside in…
Polymarket expands trade monitoring after insider betting case tied to Maduro raid Polymarket is stepping up oversight after prosecutors charged a U.S. soldier with using classified information to bet on a military operation.
