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- Kentucky Derby Post Positions and Latest Odds
- U.S. Senators Officially Banned From Trading on Prediction Markets
- Fulleffort Scratched From Kentucky Derby
- FBI raids NW Indiana Homes, Restaurants in Connection to Alleged Illegal Sports Gambling Operation
- Gambling Giant William Hill Blames UK Tax Rises as They Close Hundreds of Stores
- Former NBA Player Damon Jones Pleads Guilty to $10 Million Sports Betting and Poker Scams
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Prediction Markets / Politics
U.S. Senators Banned From Using Prediction Markets
Thursday April 30, 2026 (3:37 pm EDT)
U.S. senators are officially banned from trading on prediction markets on platforms like Kalshi and Polymarket after the body unanimously passed a rule Thursday barring their participation in the controversial online gambling practice. Sen. Bernie Moreno, R-Ohio, introduced the resolution last week amid concerns about insider trading on the platform. Regardless, the new rule has little teeth beyond internal ethics enforcement like reprimands or censures, as there is nothing the senate can do to punish those who break the rule.
Kentucky Derby
Fulleffort Scratched From Kentucky Derby
Thursday April 30, 2026 (12:52 pm EDT)
Fulleffort has scratched from Kentucky Derby 152, trainer
Gambling Crime
FBI raids NW Indiana Homes, Restaurants in Connection to Alleged Illegal Sports Gambling Operation
Thursday April 30, 2026 (7:28 am EDT)
James "Jimmy the Greek" Gerodemos and 21 others were charged with gambling-related crimes and violent extortion in a federal grand jury indictment in northwest Indiana. Gerodemos is accused of running an illegal sports betting business across several states. Many of the defendants appeared in Indiana federal court on Wednesday without fanfare. Some of the defendants had nicknames listed by federal agents, a list that included "Rami Straight Flush, Caesars Andrew, Donny Brasco and Chuckie Hoffa." Private homes, businesses, restaurants and financial institutions are all listed in the indictment as targets of forfeiture efforts by prosecutors.
Gambling News
Gambling Giant William Hill Blames UK Tax Rises as They Close Hundreds of Stores
Thursday April 30, 2026 (7:28 am EDT)
Evoke, the owner of William Hill and 888, has confirmed the closure of approximately 270 betting shops across the UK. Evoke reported pre-tax losses more than doubled to £549.1 million in 2025. This was a response to offset expected increase in duty costs of up to £135 million a year from 2027 after Chancellor Rachel Reeves announced tax hikes for online gambling firms in the 2025 autumn budget.. The shop closures are expected to result in hundreds of job losses. Evoke last week said it was in talks over a potential takeover by Greek lottery and gaming firm Bally’s Intralot in a deal valuing the UK betting group at £225.3 million.
Kentucky Derby
2026 Kentucky Derby Latest Odds
Thursday April 30, 2026 (7:28 am EDT)
1. Renegade, Todd Pletcher, Irad Ortiz Jr., 5-1
2. Albus, Riley Mott, Manny Franco, 47-1
3. Intrepido, Jeff Mullins, Hector Berrios, 55-1
4. Litmus Test, Bob Baffert, Martin Garcia, 41-1
5. Right to Party, Kenny McPeek, Chris Elliott, 31-1
6. Commandment, Brad Cox, Luis Saez, 8-1
7. Danon Bourbon, Manabu Ikezoe, Atsuya Nishimura, 13-1
8. So Happy, Mark Glatt, Mike Smith, 6-1
9. The Puma, Gustavo Delgado, Javier Castellano, 5-1
10. Wonder Dean, Daisuke Takayanagi, Ryusei Sakai, 19-1
11. Incredibolt, Riley Mott, Jaime Torres, 37-1
12. Chief Wallabee, Bill Mott, Junior Alvarado, 14-1
13. Silent Tactic Mark Casse, Cristian Torres, (Scratched)
14. Potente, Bob Baffert, Juan Hernandez, 28-1
15. Emerging Market, Chad Brown, Flavien Prat, 13-1
16. Pavlovian, Doug O’Neill, Edwin Maldonado, 50-1
17. Six Speed, Bhupat Seemar, Brian Hernandez Jr., 46-1
18. Further Ado, Brad Cox, John Velazquez, 7-1
19. Golden Tempo, Cherie DeVaux, Jose Ortiz, 50-1
20. Fulleffort, Brad Cox, Tyler Gaffalione, 19-1
21. Great White, John Ennis, Alex Archard, 96-1
Kentucky Derby
Silent Tactic Scratched From Derby
April 29, 2026 (9:29 pm EDT)
Silent Tactic has been scratched from the race, meaning Great White will draw in from the also-eligible list and have the No. 20 post position. Post time for the 152nd running of the Kentucky Derby at Churchill Downs is set for 6:57 p.m. Saturday.
Prediction Markets
CFTC Sues Wisconsin Over Efforts to Block Prediction Markets
Wednesday April 29, 2026 (7:35 pm EDT)
Just after Wisconsin declared prediction market platforms to be illegal gambling and took enforcement action against the likes of Kalshi, Robinhood and Polymarket, the CFTC filed a federal lawsuit against the state. Filed in the US District Court for the Eastern District of Wisconsin, the lawsuit seeks declaratory and injunctive relief to block Wisconsin’s attempt to regulate prediction markets. (source: GamblingNews)
- Chris Costigan, Gambling911.com Publisher
