Browsing: Sports betting
A handful of billionaires own the Knicks. A few private equity firms own slices of the rest of the league.…
This NYC bar promised to cover everyone’s tabs if the Knicks won, and used Kalshi to hedge the bet
A small bar on Manhattan’s Upper East Side is turning the NBA Finals into a masterclass in risk management—and a…
Google engineer charged after allegedly using confidential data to pocket $1.2 million on Polymarket
A software engineer with more than a decade of experience at Google allegedly used internal information to pocket $1.2 million…
A ‘no-brainer’: Senate unanimously bans members and staff from using prediction markets
The Senate has approved a bipartisan resolution to prevent its own members from using prediction markets, banning senators who are often…
Credit delinquency rates are on the rise in states that have legalized sports betting, and it’s impacting Gen Z and…
Sports fans have long loved to bet on their favorite teams, but online sports betting has turned the casual wager…
Giannis Antetokounmpo’s partnership with a prediction market is the latest challenge for sports
As the NBA trade deadline approached in early February, fans waited anxiously to see if star player Giannis Antetokounmpo would…
Sports-focused prediction market Novig raises $75 million to challenge Kalshi and Polymarket
As the prediction markets Kalshi and Polymarket dominate the attention of investors and regulators, a sports-focused challenger called Novig is…
DraftKings Inc., Flutter Entertainment PLC and other stocks linked to the sports gambling industry are tumbling on Friday after new…
A sports bettor turned $15 into $140K from a 3-leg parlay. It’s the exception to the risky bet making sportsbooks billions
A small risk seldom leads to a big reward, but it’s certainly not impossible. Last week, a sports betting customer…












