The World Cup is in full swing, prediction market competition thickens, New York sportsbooks take a loss, and a massive jackpot is unveiled for a new NFL survivor contest. While…
Novig sees prediction markets as its prime opportunity as a sports betting exchange. Novig’s pivot to a full-fledged prediction market appears to be complete, as the company announced today it…
The World Cup kicks off, the CFTC addresses a prediction markets problem, longshot bettors cash in on the Knicks, and DraftKings and FanDuel end up on different sides of this…
A new regulation in Massachusetts didn’t exactly go over well with sharp bettors, but the state’s gaming commission is commended for recognizing their plight. Sportsbooks’ initial adherence to a new…
Analysts see a strong future for Las Vegas tourism and growth in the digital sector as positives for Barry Diller’s proposed takeover of MGM Resorts. With the potential acquisition of…
Let’s recap some of the top stories in the gambling business this week. Prediction markets continue to dominate the gambling industry news cycle, as parlays, insider trading and President Trump…
Our weekly wrap-up is packed with sometimes funny, potentially telling and often unsettling gambling industry news. As we head into Memorial Day Weekend, let’s look back at the week that…
Representing prediction markets, Patrick McHenry was grilled about the rising asset class by his former colleagues during a hearing on Capitol Hill. As Wednesday’s congressional hearing veered from the topic…
Here’s our Friday rundown of happenings, good and bad, in the gambling business this week. Our weekly recap of gambling industry headlines includes a letter from the head of a…
Truth Social’s prediction market plans have changed, and ForecastEx quietly stopped offering sports event contracts. These are signs of things to come in the emerging industry. With the environment ripe…