DraftKings hopes to score big with new prediction markets app
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Sports Betting
10/23: The Takeout with Major Garrett
NBA player and coach among 30+ arrested in investigations into gambling, sports rigging; High early voting turnout in 2025 elections.
Wanna bet? Online prediction markets wager that you will
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.
Online prediction markets: Yes or no?
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.
Alleged mafia member charged in multimillion-dollar N.J. sports betting ring
A New Jersey-based illegal sports betting ring allegedly headed up by a mafia member has been broken up, officials said Thursday.
The growth of sports betting in the U.S.
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.
MLB's Emmanuel Clase, Luis Ortiz charged with taking bribes to rig pitches for bettors
Federal agents said they arrested Luis Leandro Ortiz Ribera in Boston Sunday and also revealed the indictment against Emmanuel Clase de la Cruz.
Damon Jones pleads not guilty in alleged gambling scheme cases
Former NBA player and coach Damon Jones entered not guilty pleas Thursday in a pair of cases alleging his involvement in illegal gambling rings.
Damon Jones pleads not guilty in gambling probe
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.
Damon Jones to be arraigned in gambling probe
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.
MLB weighing ban on all prop betting
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.
NBA dealing with fallout from gambling arrests
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.
Here's who's charged in the NBA and poker gambling ring crackdowns
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.
Miami Heat's Terry Rozier charged in illegal sports betting case, FBI says
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.
NBA's Rozier and Billups among dozens of arrests in illegal betting probe
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.
What to know about prop bets
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.
What we know about NBA gambling busts
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.
Bill Bradley on sports betting scandal
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.
Federal gambling probe: What we know
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.
Sport betting mismatch | 60 Minutes Archive
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.
2/4/2024: Chairman Powell; A Hole in the System; The Mismatch
First, Fed Chair Jerome Powell: The 2024 60 Minutes Interview. Then, a report on the growing number of Chinese migrants crossing into the U.S. at the southern border. And, a look at how a sports betting boom is fueling concerns over problem gambling.
Does legalized betting make sports safer?
Adam Silver tells "60 Minutes" the access to betting information that comes with legalization will decrease the risk of athletes being compromised. Marshall University's Mike Hamrick thinks otherwise. See the full report this Sunday at 7 p.m. ET/PT on CBS.
Will sports betting change the fan experience?
Ryan Rodenberg, a law professor with a specialty in sports gambling, says sports betting will change sports broadcasts — and not necessarily for the better.
A bad bet? The dangers of sports gambling addiction
Nearly $150 billion in online wagers were placed last year alone. With one in five problem gamblers attempting suicide, experts say the ease of access and number of betting opportunities on one's phone represent a growing public health crisis.
March Madness draws billions in bets
March Madness is in full swing with the NCAA men's and women's tournaments underway. The American Gaming Association is estimating Americans will legally bet $3.1 billion, up from last year's figure of $2.7 billion. The Athletic editor Hannah Vanbiber joins "The Daily Report" to discuss the go-to sports betting spectacle.
Russia targets Kyiv with deadly strikes ahead of Trump-Zelenskyy meeting
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Winter storm snarls thousands of flights. Maps show the latest forecast
Millions of Americans live in areas under winter storm alerts stretching from northern Minnesota to the Eastern Seaboard.
Trump calls for release of any Epstein files naming Democrats: "Embarrass them"
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
African regional bodies reject Israel's recognition of Somaliland
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Thailand and Cambodia sign new ceasefire deal after weeks of fighting
Thailand and Cambodia signed a ceasefire agreement on Saturday after weeks of deadly fighting along their border.
Dad uses cell phone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
Karoline Leavitt announces she is pregnant with her second child
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Ski patrol strike shuts down Colorado's popular Telluride resort indefinitely
The Telluride Ski Resort in Mountain Village, Colorado, was shuttered Saturday, with no date set for reopening, due to a labor dispute with the ski patrol union over wages.
Rescuers search for soccer coach, children after boat sinks in Indonesia
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
U.S.
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Man charged with fatal shooting of woman during backyard target practice
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Jeffrey R. Holland, next in line to lead Mormon church, dies at 85
Jeffrey R. Holland was next in line to lead the Mormon church under a long-established succession plan.
Boy with autism, 6, rescued from pond 15 months after similar incident
The boy, identified by police as Coco, was found in chest-deep waters but was not injured.
Dad uses cell phone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
3 wounded in shooting at rural Idaho sheriff's office, officials say; suspect killed
The suspected gunman was shot and killed by law enforcement, authorities said.
MoneyWatch
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Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Here's what is open on the day after Christmas, from retailers to banks
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
5 money moves to make in 2026, according to financial experts
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Is anything open on Christmas Day 2025? See which businesses are operating.
Most major retail stores and grocery chains are closed on Christmas Day, with some exceptions.
Politics
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Trump calls for release of any Epstein files naming Democrats: "Embarrass them"
As prosecutors contend with a massive trove of Epstein files, President Trump suggested Friday the Justice Department is spending too much time on the issue — but said Democrats should be named.
Karoline Leavitt announces she is pregnant with her second child
Karoline Leavitt and her husband, Nicholas Riccio, welcomed their first child, also named Nicholas, in July 2024.
Veterans Affairs Department reimposing near total abortion ban
The Veterans Affairs Department is reimposing a near total ban on abortions for veterans and their families that was modified in 2022.
U.S. launches strikes on ISIS targets in Nigeria, Trump says
Strikes against ISIS targets in Nigeria come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
Kimmel skewers Trump, tells U.K. viewers that "tyranny is booming" in U.S.
The message, aired on Channel 4 on Christmas Day, reflected on the impact of President Trump's second term in office thus far.
HealthWatch
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HealthWatch
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
World
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Rescuers search for soccer coach, children after boat sinks in Indonesia
The Spanish soccer club Valencia said that a coach for its women's reserve team, Fernando Martín, and three of his children were among the victims.
African regional bodies reject Israel's recognition of Somaliland
President Trump said he won't quickly follow Mideast ally Israel in recognizing Somaliland, saying he needed to "study" it.
Russia targets Kyiv with deadly strikes ahead of Trump-Zelenskyy meeting
Explosions boomed across Kyiv for hours as ballistic missiles and drones hit the city in an attack that began early in the morning.
Thailand and Cambodia sign new ceasefire deal after weeks of fighting
Thailand and Cambodia signed a ceasefire agreement on Saturday after weeks of deadly fighting along their border.
Israeli police say 2 killed in car-ramming and stabbing attack by Palestinian
The attack began Friday afternoon in the northern city of Beit Shean, where the Palestinian man crashed his vehicle into people, killing one man and injuring a teenage boy.
Entertainment
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Entertainment
How one photographer takes refuge in Paris
Peter Turnley, an American and French photographer known for documenting the human condition, finds comfort in Paris. His new book "PARIS Je t'aime" showcases 50 years of photographs from his favorite city.
Samara Joy performs "Now And Then (In Remembrance Of...)"
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Now And Then (In Remembrance Of...)."
Samara Joy performs "Three Little Words"
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Three Little Words."
Second actor accuses Tyler Perry of sexual assault in new lawsuit
It marks the second lawsuit in recent months accusing the filmmaker and studio mogul of leveraging his power in Hollywood to make sexual advances.
Perry Bamonte, guitarist for The Cure, dies after "short illness" at 65
The band announced Perry Bamonte's death on their official website on Friday.
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
How AI powered robots are helping small farms
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
More Crime
Man charged with fatal shooting of woman during backyard target practice
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Dad uses cell phone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cell phone data to find her in a secluded area two miles away.
What's next on the Epstein files release?
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Two police officers injured, suspect killed during child custody exchange
Police were called to a shopping center late Friday morning. Two officers were shot and are in critical condition.
Broadway actress Imani Smith stabbed to death in New Jersey, police say
Smith previously played young Nala in "The Lion King" on Broadway.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
World's first passenger train marks milestone
The world's first passenger train took its maiden voyage in rural England in 1825, making this year its bicentennial. "CBS Saturday Morning" reports on its impact.
How one photographer takes refuge in Paris
Peter Turnley, an American and French photographer known for documenting the human condition, finds comfort in Paris. His new book "PARIS Je t'aime" showcases 50 years of photographs from his favorite city.
Where to get the latest CBS Mornings Deals
On this edition of CBS Mornings Deals, we feature some items that can help with any of your 2026 endeavors. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Samara Joy performs "Now And Then (In Remembrance Of...)"
Samara Joy burst onto the jazz scene in 2021, earning major praise as a "classic jazz singer from a new generation," and gaining popularity on TikTok. The young artist has already won five Grammy Awards, and her album "Portrait" is now up for Best Jazz Vocal Album of the Year. Here's Samara Joy performing "Now And Then (In Remembrance Of...)."
Woman uses pickeball to rebuild community
Joy Chen, an author who was also the administrator of the pickleball WhatsApp group for the Altadena Country Club, has become a leader among other Eaton Fire survivors. "CBS Saturday Morning" takes a look at how Chen is helping her community rebuild after immense losses.