How Prediction Markets Work Compared to Traditional Sports Betting
TLDR Prediction markets work like exchanges where users trade contracts with each other, while sportsbooks take the other side of your bet Sportsbook […]
TLDR Prediction markets work like exchanges where users trade contracts with each other, while sportsbooks take the other side of your bet Sportsbook […]
TLDR The BGC estimates £60 million was wagered illegally during the four-day Cheltenham Festival, roughly £2 million per race Cheltenham attracted close to […]
TLDR Tilman Fertitta has raised his bid for Caesars Entertainment to $34 per share, valuing the casino operator at roughly $7 billion in […]
TLDR Unlicensed offshore gambling platforms generated 74% of US online gross gambling revenue last year, with the total digital market valued at roughly […]
TLDR National gambling participation in Canada dropped from 76% in 2002 to 64.5% in 2018, yet the industry keeps expanding Ontario’s regulated online […]
TLDR Kalshi recession odds for 2026 jumped above 34%, the highest level since November, up from under 25% late last week U.S. oil […]
TLDR Kevin O’Leary bet $1,000 on prediction market app Kalshi that his “Marty Supreme” costar Timothée Chalamet would win the best actor Oscar […]
TLDR Brazil’s Secretariat of Prizes and Bets (SPA) opposes Bill 3563/2024, which would ban all betting advertising and sponsorship in the country. The […]
TLDR South Korea is urging citizens to report illegal sports gambling through the Illegal Sports Toto Reporting Center Rewards of up to ₩200 […]
TLDR Louis Theroux’s new Netflix documentary Inside the Manosphere is trending worldwide and features repeated appearances of the Rainbet crypto casino logo The […]