Business
December 23, 2025
Analysts Stay Bullish on Robinhood as AI and Prediction Markets Drive Growth
Wall Street analysts remain bullish on Robinhood’s prospects as the company pushes further into prediction markets and artificial intelligence-driven trading tools. Industry experts believe that Robinhood’s innovative mindset and growing ecosystem could offset the short-term regulatory challenges facing the sector. However, enduring uncertainty remains a pressing issue. Robinhood Continues to Innovate Investors were broadly optimistic […]
Industry
December 22, 2025
FBI Tells the Public to Be Mindful of Responsible Gambling
After a report surfaced linking game days in states with sports betting to an increase in assaults and other forms of crime, the FBI issued a statement in which it warned the public to steer clear of illegal gambling. The FBI has played a central role in tackling illegal gambling this year, with the enforcement […]
Sports
December 22, 2025
NBA Tightens Betting Rules, Updates Injury Reporting
On Friday, the NBA informed its teams of its plans to place a tighter grip on the type of bets that it can offer on its games, sending a clear message: the league wants to remain deeply involved in talks with sportsbooks and regulators. The reminder comes just two months after separate gambling-related arrests involving […]
Sports
December 22, 2025
Investors Wary as FanDuel and DraftKings Step into Prediction Markets
Investors are watching FanDuel and DraftKings delve into prediction markets with a mix of curiosity and apprehension, unsure if the potential profits are worth the legal and regulatory risks. Although both companies are proceeding confidently with this new endeavor, the market response has been noticeably restrained. Recent regulatory crackdowns against prediction markets in several states […]
Legal
December 22, 2025
Coinbase Takes States to Court over Prediction Market Crackdowns
Coinbase has taken a proactive stance in the escalating confrontation over who should oversee prediction markets in the United States. The company has taken legal action against state regulators in Connecticut, Illinois, and Michigan. The cryptocurrency exchange is asking the court to prohibit those states from policing products that Coinbase says fall squarely under federal […]
Sports
December 22, 2025
Soccer Players in Australia Receive Lengthy Bans For Fixing Matches
Football Australia has banned several A-League players after allegations and convictions related to match-fixing and gambling. Banned for Fraud Former Western United player Riku Danzaki has received a 7-year ban from all football-related activities. Danzaki, a Japanese A-League player, along with his associate, Yuta Hirayama, an amateur player, were convicted and have been given a […]
Sports
December 22, 2025
DraftKings Launches New Predictions App and Enters Event Trading Market
DraftKings has made a bold move beyond traditional sports betting by introducing DraftKings Predictions, a separate app that lets users trade contracts linked to real-world results. This launch signals the company’s official entry into regulated prediction markets, a sector that is growing fast across the United States. DraftKings Enters Event Trading With CME-Backed Predictions Product […]
Sports
December 19, 2025
Massachusetts Gambling Operators Should Disclose When Bettors Are Limited
The Massachusetts Gaming Commission (MGC) voted Thursday to require sports betting operators to notify bettors when their accounts are subject to limits. Under the proposal, operators would likely also be required to explain the reason for the limitation and identify the affected betting markets. MGC Votes on New Rules If adopted, the MGC would become […]
Industry
December 19, 2025
Ontario iGaming Market Revenue Down 10% in June: Summer Slowdown or Ongoing Trend?
Data released by iGaming Ontario (iGO) for June 2025 showed a 10% drop in total cash wagers from $8,066 to $7,259 million. For June 2025, the Total Non-Adjusted Gross Gaming Revenue (NAGGR) reduced by 9% to $306.8 million. The average wager per active account also dropped 4% to $303 from $316. Also down was the […]
Sports
December 19, 2025
Anthony Joshua Gets Polymarket-Branded Necklace Ahead of Netflix Bout
Anthony Joshua knows how to smile for the cameras, and he has an innate ability to take everything with a smile and a bit of friendly banter – be that joggers’ hello as he does his morning cross, or a $400,000 Polymarket-branded necklace, clearly a market stunt ahead of what could be the most-streamed fight […]
