Winning/Losing: With a gold in the 4x200-meter freestyle relay, Michael Phelps became the winningest olympian in history, brining his medal count to 19, including 15 gold. He surpassed Soviet gymnast Larisa Latynina. ESPN reports. In other Olympics drama, the female double badminton players from South Korea, Indonesia and China stand accused of trying to lose to gain a better position in the playoffs, reports USA Today.
All In: The largest online poker site and the U.S. Department of Justice have reached a $731 million deal to resolve a civil forfeiture dispute. Counsel for Full Tilt Poker called it an historic win-win for the government and online poker players. The National Law Journal's Mike Scarcella reports.
Runoff: Texas attorney and Tea Party darling Ted Cruz defeated Lt. Gov. David Dewhurst in the Republican runoff to replace Sen. Kay Bailey Hutchison. The hotly contended nomination was the most expensive nonpresidential race, reports The Texas Tribune.
Poll: Ohio, Florida and Pennsylvania are three important presidential battleground states, and according to a new poll, President Barack Obama leads Mitt Romney in all three. The New York Times reports.