Prediction markets are the latest shiny objects for regulated sportsbooks and other operators and now it appears that Gambling.com is looking to get in on the action. Earlier this week Gambling.com Group CEO and Chairman Charles Gillespie told investors that the affiliate services company is seeing some clear advantages to jumping on the predictions market…
The Cornhusker State is one step closer to mobile sports betting this week after lawmakers reluctantly moved forward a bill expanding the state’s gaming options. If passed into law, LR20CA would allow up to six gaming operators to partner with Nebraska horse racing venues to offer mobile sports betting across the state. But LR20CA still…
March Madness is a huge time for the US-facing gaming industry when amateurs and sharps all competing for basketball bracket supremacy. With the rise of regulated sports betting the NCAA Men’s Basketball Tournament has grown even bigger and this year’s event is looking to be one of the wagered on, non-Super Bowl, sporting events in…
RobinHood is jumping into the prediction market with an events contract platform powered by one of the industry’s biggest players, Kalshi. The popular trading platform is jumping on a bandwagon along with a lot of other players who see prediction markets as a cheap alternative to regulated sports betting markets. This isn’t the first time…
The number of people turning to Google to find help for gambling problems has skyrocketed since 2016. That’s the conclusion of a recent study conducted by researchers from the University of California San Diego and published in the Journal of the American Medical Association (JAMA). According to the study, titled Growing Health Concern Regarding Gambling…
Artificial Intelligence (AI) is coming to the regulated sports betting market in the form of a new chatbot being tested by FanDuel. AceAI, a first of its kinds bot aimed at providing sports betting insights to players, is currently being tested by FanDuel with a small test group of players. If successful, it's likely to…
When it comes to event prediction markets, DraftKings and Fan Duel seem to be taking on the old adage, "If you can't beat 'em, join 'em." That's why earlier this week DraftKings filed an application for membership in the National Futures Association (NFA) and it appears that FanDuel will likely follow suit in short order.…
Several US lawmakers are taking another shot at turning the Supporting Affordability & Fairness with Every Bet Act (SAFE Bet Act) into law on the eve of March Madness. Earlier this week,Representative Paul Tonko (D-New York) and Senator Richard Blumenthal (D-Connecticut) announced that they will be reintroducing the SAFE Bet Act to Congress with a…
Major League Baseball (MLB) is joining the discussion surrounding events contracts and prediction markets with a letter addressed to acting Commodities Futures Trading Commission Chair Caroline Pham. In the letter, penned by Bryan Seeley, Executive Vice President, Legal & Operations, the MLB stresses what it sees as a dire need for events contracts operators to…
Lawmakers in the New Jersey State Assembly have approved a bill that would ban colleges and universities from entering into partnerships with sports betting operators. Assembly Bill 4113 now heads to the Senate Higher Education Committee where, if approved, it will be put up to the NJ Senate for a final vote before becoming the…
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