Despite rising concerns about manipulation, users are spending more time and money on prediction markets than ever before. A new survey from Truist Securities finds strong engagement with prediction markets,…
A proposed casino in Tysons moved one step closer to reality after passing the Virginia General Assembly, despite strong resistance from local officials. The Virginia General Assembly passed Senate Bill…
The 2026 March Madness begins with record-breaking bets, rising controversy, and a spotlight that stretches far beyond the court. The 2026 NCAA March Madness college basketball tournaments tip off this…
U.S. lawmakers have introduced new legislation to ban betting on government decisions and military actions, citing concerns over insider trading and suspicious market activity ahead of recent strikes. Senator Chris…
As long as the deals remain legal, English Premier League soccer clubs are still cashing in on gambling sponsorships. Premier League clubs continue to sign sponsorship deals with unlicensed gambling…
A fixer at the center of a major point-shaving scheme has pleaded guilty after recruiting dozens of NCAA players to manipulate games for betting profits. A key figure in a…
Kalshi is reportedly pursuing a $20 billion valuation as prediction markets expand beyond sports, potentially attracting audiences that sportsbooks have historically struggled to reach. That includes women and younger users.…
Genius Sports used its Q4 earnings call to defend its $1.2B Legend acquisition after investor skepticism. After posting its strongest revenue growth since 2021 and its highest-ever adjusted EBITDA margin…
A growing legal battle over prediction markets intensified this week after Michigan filed a state lawsuit against Kalshi. Within 24 hours, Polymarket and Robinhood responded with federal lawsuits seeking to…
Kalshi faces potential class action exposure after settling its Iran Supreme Leader market at the last traded price, prompting regulatory and insider trading scrutiny. Former New York legislator Ben Geller…