US Bill Would Impose Criminal Penalties for Prediction Market Bets on Government Decisions
TLDR Senator Chris Murphy and Rep. Greg Casar introduced the BETS OFF Act to ban prediction market bets on government decisions, military actions, […]
TLDR Senator Chris Murphy and Rep. Greg Casar introduced the BETS OFF Act to ban prediction market bets on government decisions, military actions, […]
TLDR Polymarket collected over $11.2 million in trading fees in just 70 days after ending its zero-fee model on January 6 Weekly revenue […]
TLDR Eden Hazard signed as a global ambassador for online gambling platform Stake He promoted the deal to his 27 million Instagram followers […]
TLDR Colombia introduced a 16% consumption tax on all deposits made to online gambling platforms through Decrees 0240 and 0241 The tax applies […]
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 […]