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News

ESPN Bet Isn’t Meeting Expectations And Jay Snowden Got Massive Pay Raise

The mobile sports betting operation's financial performance continues to disappoint Penn execs

News

Sporttrade Becomes First Regulated Sportsbook To Attempt To Enter Prediction Market Waters

According to Sportico, Sporttrade, which operates a similar product to Kalshi, is looking to go national

News

Maryland, Michigan Submit Opinions On Kalshi’s Sports Markets

Michigan's move continues a vigorous defense of its legal gambling market, but no cease-and-desist issued

Analysis

Policy Analyst: Increasing Tax Rate Won’t Hurt States’ Take

Louisiana bill that would more than double the wagering tax rate is the latest to move forward

Industry

Basketball Bettors Hammer Nevada Sportsbooks In March

The chalk-heavy NCAA Tournament results contributed to a relatively rough month for operators

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Sector News

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News

Did The White Smoke From The Vatican Cause Kalshi To Crash?

Kalshi experienced outages in the critical moments before Robert Prevost’s papacy was announced

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Finance

Penn Reports Revenue Loss, Teases New ESPN Bet Integration In Generally Upbeat Call

Executives tout Mint Club, saying members log in 2.7 times more often than average users, bet 60% more

$500 billion sports betting handle
Analysis

Post-PASPA US Sports Betting Handle Surpasses $500 Billion

Betting in '25 off to a fast start, and the next milestone — $600 billion — may be just six months away

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Features

The Semantic Showdown: How Language Could Reshape Sports Betting

Redefining wagering as financial trading could fundamentally alter its regulation across America

Latest Posts

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Sports Betting

Ohio Sports Betting Operators Narrowly Miss $1 Billion Handle For March

State sportsbooks had combined average handle of 6.7%, just above the national average for March

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News

CFTC Offers Window Into Why Some Staff Put On ‘Administrative Leave’

Working outside of the U.S. is a violation of agency's rules

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News

CFTC Drops Appeal In Kalshi Elections Case And Staff Placed On ‘Administrative Leave’ For Potential Violations

With appeal dropped, district court decision to allow election betting will stand

Thousands of people jam the square during the Mass for the repose of Pope John Paul II's soul, April 3, 2005 in St. Peter's Square in Vatican City.
Opinion

Prophets And Losses: Betting On Religion, From The Pope Back To Creation

Wagering on next Pope is all the rage now, but religious event betting goes back to the dawn of time (maybe)

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Sports Betting

Massachusetts Votes To Void Bets In The Moment For Russian Or Belarusian Athletes Actively Supporting Their Countries

'It's challenging for us to play in the foreign policy space,' Commissioner Paul Brodeur acknowledged

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News

Legislative & Regulatory Roundup: Eliminating Colorado Promo Deductions Progresses In Senate

Oklahoma lawmaker moves sports betting bill and backup plan despite governor's opposition

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News

NBA To CFTC: Prediction Markets Present An Integrity Risk

League says likely expansion of sports event contracts to prop bets risks another Jontay Porter-type scandal

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Sports Betting

Ohio Sports Betting Operators Narrowly Miss $1 Billion Handle For March

State sportsbooks had combined average handle of 6.7%, just above the national average for March