Arizona Clears $2 Billion In All-Time Sports Betting Revenue
Sportsbooks in the state hit a big benchmark in February after claiming $65.6 million in revenue for the month
Chris Altruda3 Mins read
Personal Finance
Kalshi’s Fee Revenue Was $15M Over Last 90 Days, Dwarfed By Top Sportsbooks
The business still needs major growth to catch up to its rumored valuation
Daniel O'Boyle6 Mins read
Investment Ideas
Lionsgate Sells Shohei Ohtani Betting Scandal Television Show
As reported by The Ankler, show is based on the controversy of the baseball star and his interpreter
Jeff Edelstein2 Mins read
Market News
Musk’s xAI Says It’s ‘Engaged In Discussions’ On Prediction Markets, But No Deals Done
Kalshi appeared to prematurely announce a deal with xAI on Tuesday, before rescinding its announcement
Daniel O'Boyle2 Mins read
No Action On Alaska Digital-Only Betting Bill
Alaska's session closes Wednesday, but bills can carry over to the 2026 session
Jill R. Dorson2 Mins read
ESPN Bet Owner Penn And Activist Investor Can’t Agree What They’re Fighting About
HG Vora says it seeks an injunction to nominate another member to Penn's board
Daniel O'Boyle2 Mins read
Experts Question If Sports Event Contracts Can Take Major Market Share From Sportsbooks
Lack of parlays may limit prediction markets' potential
Daniel O'Boyle4 Mins read
New Jersey Sportsbooks Bounce Back In April, Pot $90.5 Million
NJ books had a strong start to the spring, but handle continues to notably lag compared to 2024
Chris Altruda2 Mins read
Charlie Hustle’s Hall Of Fame Outlook Is Anything But Rosy, But Shoeless Joe’s …
Pete Rose's election path is thorny, but time, pop culture could put Joe Jackson back on the field of dreams
Brant James2 Mins read
Nevada Sportsbooks Get Bump From Mobile Betting In April
A rise in mobile wagering fueled a healthy bounce in revenue for Nevada sportsbooks in April
Chris Altruda2 Mins read
Federal Government At Odds: The Conundrum Of Prediction Markets In Indian Country
IGRA and the CEA are at odds and it seems unlikely they can coexist in their current forms
Jill R. Dorson8 Mins read
Kalshi’s Fee Revenue Was $15M Over Last 90 Days, Dwarfed By Top Sportsbooks
The business still needs major growth to catch up to its rumored valuation
Daniel O'Boyle6 Mins read
Study: Legal Online Sports Betting Leads To More Binge Drinking Among Young Men
A pair of researchers have shown a link to higher rates of binge drinking in states after betting is legalized
Jeff Edelstein2 Mins read
Kalshi More Reliant On Sports Than DraftKings Or FanDuel, Data Shows
More than three-quarters of Kalshi’s trading volume now comes from sports
Daniel O'Boyle5 Mins read
Activist Investor Accuses Penn CEO Of Using Company Plane As ‘Personal Uber Service’
In a slide presentation, HG Vora laid out its complaints against the ESPN Bet operator
Daniel O'Boyle3 Mins read
This Tax Proposal Should Terrify Sports Betting Operators
Maryland's governor just raised the wagering tax by 5% — but it's a think-tank proposal ratcheting up the excise tax that could kill...
Jill R. Dorson4 Mins read
Arizona Regulators Hit Kalshi With Cease-And-Desist Order As List Grows
Arizona becomes the seventh state to issue a C&D order to Kalshi
Brett Smiley3 Mins read
Kane: Current Sports Betting Landscape Encourages ‘Dangerous’ Products
Sporttrade founder says exchanges would cost consumers less and provide more protections
Jill R. Dorson4 Mins read
Musk’s xAI Says It’s ‘Engaged In Discussions’ On Prediction Markets, But No Deals Done
Kalshi appeared to prematurely announce a deal with xAI on Tuesday, before rescinding its announcement
Daniel O'Boyle2 Mins read
Limiting Bettors? Wyoming Says ‘Not Here,’ Massachusetts Says ‘Stay Tuned’
Noted sports bettor Gadoon 'Spanky' Kyrollos went to Wyoming and told regulators about limiting
Jeff Edelstein4 Mins read
Penn Claims Activist Investor Seeks Nonexistent Seat On Board
Penn says HG Vora is engaged in a 'make-believe' fight for a third new spot
Daniel O'Boyle2 Mins read
Kalshi More Reliant On Sports Than DraftKings Or FanDuel, Data Shows
More than three-quarters of Kalshi’s trading volume now comes from sports
Daniel O'Boyle5 Mins read
