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Industry
November 7, 2024
ANJ Could Hit Polymarket with Ban Over Gambling Concerns
Popular prediction market platform Polymarket could be facing a potential ban in France amid gambling concerns. L’Autorité Nationale des Jeux (ANJ), France’s National Gambling Authority, which is responsible for regulating all forms of gambling within the country, has also raised legal concerns over Polymarket as significant bets on political outcomes have put the platform under […]
Industry
November 7, 2024
US Ambassador Criticizes Hungary PM Orbán for Supporting Trump
Hungary’s Prime Minister, Viktor Orbán, demonstrated his support for Donald Trump even before the announcement about the former president’s second win at the recent US Presidential Elections. The race that saw Trump face Kamala Harris ultimately resulted in a resounding win for the former, who won his second presidency. But the early support of Orbán […]
Industry
November 5, 2024
Bet365 Gets Ready for Busy US Election Day
The outcome of the political battle between former President Donald Trump and Vice President Kamala Harris will finally be decided by the American people. As the citizens of the USA head to the polls, election bettors in the US and beyond remain fixated on the outcome. International betting operator bet365 has used the opportunity to […]
Industry
November 5, 2024
When Will Election Bettors Learn the Results?
Betting on political elections has become a modern phenomenon. Despite its hazy legality in many markets, it has successfully attracted millions of players. Evidently, the event everyone has now set their sights on is the presidential election in the United States. Delays Are Possible So, when are political players going to know whether they will […]
Legal
November 4, 2024
Musk’s Sweepstakes Lawsuit Remains in Pennsylvania State Court
A federal judge has ruled that a lawsuit against America PAC, the Elon Musk-backed political action committee (PAC) supporting Donald Trump’s 2024 campaign, will remain in Pennsylvania state court. Philadelphia District Attorney Larry Krasner initiated the legal action, seeking to block America PAC’s controversial daily sweepstakes offering $1 million to registered voters in swing states. […]
Industry
November 4, 2024
Horse Racing Betting Companies’ Donations to Political Parties Up 632%
According to fresh data from the Australian Electoral Commission, examined by the parliamentary library, donations from major horse betting companies to major political parties have gone up a whopping 632% from $66,650 in 2013-2014 to $488,000 in 2022-2023. The revelation came amid Canberra’s ongoing debate on a potential ban on gambling advertising. Eight Big Donors […]
Sports
November 4, 2024
Kalshi and Prediction Markets Are Redefining the Race for the White House
The soon-to-come US presidential race is causing a giant surge in bets, with a load of cash, in the hundreds of millions, getting put down in prediction markets. As the Presidential Race Heats Up, Kalshi Becomes a Hub for Political Betting At the heart of the US elections betting action is Kalshi, a platform that […]
Industry
November 1, 2024
Gambling Industry Rebukes Lancet Report, Suspecting Political Motives
A recent report by The Lancet, one of the world’s highest-impact academic journals, has drawn heavy criticism from within the gambling industry as stakeholders describe the analysis as one-sided and politically motivated. The report, published last week, warns of the public health risks associated with gambling, urging for stricter regulatory safeguards. The Study May Be […]
Industry
November 1, 2024
Nicky Jam Drops Trump Endorsement After Comedian’s Puerto Rico Joke
There’s a reason why some people completely avoid joking around about politics. While that’s certainly not the case for comedians sometimes not every joke can find its target audience, and this is exactly what happened during a recent rally for Donald Trump at Madison Square Garden in New York. A Joke That Causes an Avalanche […]
Industry
October 31, 2024
Polls Predict Close Harris-Trump Race, Betting Markets Disagree
After clearing up its hurdle with the Commodity Futures Trading Commission (CFTC), Kalshi, the regulated exchange and prediction market, announced earlier this month that it recorded a surge in demand for betting markets on the upcoming Presidential Election in the United States. Now, while official polls predict that the race between former President Donald Trump […]
