Sports
September 30, 2025
Senators Push Back Against CFTC Over Prediction Market Expansion
Congress sees a bipartisan push to question the Commodity Futures Trading Commission’s (CFTC) approach to the growth of prediction markets offering sports-related contracts. Draft Letter Slams CFTC for Giving Green Light to Nationwide Sports Wagering Products Democrat Catherine Cortez Masto from Nevada and Republican John Curtis from Utah are getting signatures for a draft letter. […]
Sports
September 30, 2025
Arrests Expose YouTuber as Promoter of Gang-Owned Illegal Horse Betting Site
The Seoul Metropolitan Police Agency arrested 29 people believed to be part of a criminal enterprise allegedly running an illegal horse betting site; out of the suspects, six were taken into custody. The site operators were among the arrested. It is believed they had been receiving the help of a horse racing YouTuber with 10,000 […]
Sports
September 29, 2025
Magomed Ankalaev vs Alex Pereira 2 UFC 320 Odds, Time, and Prediction
Alex Pereira is walking out in the octagon on Saturday, October 4, and he will be taking on a worthy and, in all likelihood, challenging opponent – Magomed Ankalaev. Having lost to Ankalaev before, Pereira is determined to do better this time around. Ankalaev has gone from strength to strength, sitting at an enviable 21-1-1 […]
Sports
September 29, 2025
BCLC Needs Targeted Action Against Rising Problem Gambling
Problem gambling is steadily growing into a significant issue in British Columbia, particularly among sports bettors, according to internal research for the B.C. Lottery Corporation (BCLC) was obtained by The Breaker News via the Freedom of Information Law. Online Sports Bettors, at Higher Risk According to an Ipsos Research study from July 2024, sports betting […]
Sports
September 26, 2025
Bollywood Actor Sonu Sood Screened for Alleged Link to 1xBet Money Laundering Case
Popular Bollywood actor Sonu Sood, 52, was reportedly questioned for seven hours on Wednesday by India’s Department of Revenue’s Enforcement Directorate (ED) in connection with the expanding 1xBet money laundering investigation. Sonu Sood Questioned by Indian Police According to reports, Sonu Sood and his legal team arrived at the ED office around noon and exited […]
Sports
September 26, 2025
South Park’s Latest Episode Takes a Swipe at Prediction Market Apps
The show “South Park” has, for as long as it’s been around, parodied many of the big cultural and societal trends in the US. Currently, the show is in season 27, and in episode five, which aired this week, the main focus was on prediction apps. In the episode, the kids at South Park Elementary […]
Sports
September 25, 2025
Minnesota Vikings vs Pittsburgh Steelers NFL Odds, Picks, and Preview
Both the Pittsburgh Steelers and the Minnesota Vikings have had relative success in the new NFL season, with the teams now sitting tied at 2 victories and 1 loss each. Most of Pittsburgh’s victories have been hard-fought nail-biters, especially the one against the Jets, which saw the Steelers clinch a 2-point victory. At the same […]
Sports
September 25, 2025
White House Eyes Josh Sterling for CFTC Leadership
As reported by Semafor, White House officials are vetting Josh Sterling, a former senior CFTC official currently representing prediction market operator Kalshi as a partner at law firm Milbank, to lead the Commodity Futures Trading Commission (CFTC). The news comes as a consequence of President Trump’s original nominee, Brian Quintenz, stalling. “If They Lose Their […]
Sports
September 25, 2025
Fanatics Takes a Chance on Sports Betting as Future Revenue Source
Fanatics known for sports gear and collectible cards, is now betting big on sports gambling with plans to make it a key part of the company’s expansion. CEO Michael Rubin said he thinks betting operations will make up to 40% of Fanatics’ earnings in the next five years. Fanatics Eyes Profit by 2027 as Sportsbook […]
Sports
September 25, 2025
Chicago Considers Online Sports Betting Tax Despite Industry Opposition
Chicago’s financial team has put forward an idea to tax online sports bets. This could bring in millions to help the city’s tight budget. However, the sports betting world is not happy about it and is pushing back already. Proposal for Chicago Per-Bet Levy Raises Fears of Higher Costs for Bettors The Financial Future Task […]
