Nevada is the first state to take action against FanDuel and DraftKings for their involvement in the prediction market.

3 weeks ago

The Nevada Gaming Control Board announced on Wednesday afternoon that it had "granted administrative approval of requests to withdraw all…

When the prediction market returns to the US, PrizePicks will offer Polymarket contracts.

3 weeks ago

When the prediction market reopens in the United States, PrizePicks, a daily fantasy sports operator, will provide its clients with…

Guardians Pitchers Accused of Bet Rigging

3 weeks ago

Luis Ortiz and Emmanuel Clase could each spend up to 65 years in jail for allegedly manipulating pitches to allow…

M.L.B. Bans Individual Pitch Bets Following Gambling Charges

3 weeks ago

Major League Baseball said that its betting industry partners will restrict this particular type of wager, which the league claims…

ProphetX is switching from sweepstakes to prediction markets.

3 weeks ago

ProphetX believes it has discovered a solution to the rapidly worsening financial issue, and it is wagering that the Commodity…

Kalshi can continue operating on California tribal land as the court rejects an injunction to block its contracts.

3 weeks ago

Despite admitting that the prediction market "may have found a way around prohibitions on interstate gambling," a federal judge dismissed…

Illinois casinos increased statewide casino revenue by 21.2% year-on-year in October.

3 weeks ago

Thanks to the launch of new casinos, Illinois casinos brought in $165.8 million in October, a 21.2% year-over-year increase over…

A downtown Indianapolis casino might be a huge success for Indiana. Here is why it is a difficult sell.

3 weeks ago

Despite a recent research forecasting that a downtown casino would capture hundreds of millions of dollars that existing sites leave…

The End of ESPN Betting and Why Staying in Your Lane Could Be Beneficial

3 weeks ago

Consider yourself watching Anderson Cooper on CNN one evening. He is discussing how the President is imposing tariffs on the…

DraftKings says prediction markets will pressure more states to legalize sports betting.

3 weeks ago

In an earnings call on Friday morning, Jason Robins, CEO of DraftKings, stated that prediction markets can be a "powerful…