Location: US

05/04/26 3:51 PM

Texas lieutenant governor eyes closing “gambling loophole” for prediction markets, but feds stand in way

  • Ayden Runnels, The Texas Tribune
In March, Lt. Gov. Dan Patrick directed state senators to explore ways to close “gambling loopholes” that allow online prediction markets... more
05/04/26 3:48 PM

Analysis shows why almost everyone loses, except a few sharks, on prediction markets

  • Neil Mehta, Katherine Long and Caitlin Ostroff, The Wall Street Journal
John Pederson, 33, couldn’t work. The former Outback Steakhouse line cook was recovering from a car crash and running out of money. Kalshi,... more
05/04/26 3:44 PM

PrizePicks partners with Arrow McLaren IndyCar team

  • Hannah Gannagé-Stewart, COMPLETE iGAMING
PrizePicks and the Arrow McLaren IndyCar team have inked a partnership making PrizePicks an official partner of the Indianapolis race team.... more
05/04/26 3:13 PM

Missouri sportsbooks hold tightly in March

  • David McKee, COMPLETE iGAMING
Sports betting in Missouri produced US$36 million in revenue in March off of US$329 million in revenue. That translated into a 10.9% hold,... more
05/04/26 3:03 PM

Iowa sweepstakes crackdown bill awaits governor’s approval

  • Ian St. Clair, PlayUSA
Iowa lawmakers passed Senate File 2289, expanding the authority of the Iowa Racing and Gaming Commission to pursue enforcement against... more
05/04/26 2:33 PM

Wall Street analyst touts Churchill Downs after all-time Kentucky Derby week record for handle

  • Buck Wargo, CDC Gaming
A Wall Street analyst Sunday listed Churchill Downs as a market outperform with a $149 price target after an all-time record for Kentucky... more
05/04/26 2:26 PM

NBA, PGA and NCAA push for higher age minimum for sports prediction markets

  • Suzy Khimm, NBC News
Major sports organizations — the NBA, PGA Tour and NCAA — are pushing the federal government to require prediction markets to raise their... more
05/04/26 2:21 PM

New York City: How long before Resorts World has local competition?

  • Eric Raskin, Casino Reports
One down, two to go. Resorts World in Queens began offering New York City’s first legal table games last Tuesday, and while that excitement... more
05/04/26 2:15 PM

Warren Buffett warns that prediction markets are ‘gambling,’ not investing

  • Martha C. White, Money
In a surprise interview during Berkshire Hathaway’s annual shareholder meeting over the weekend, billionaire investor Warren Buffett... more
05/04/26 2:05 PM

Caesars Digital bans credit card deposits

  • Ian St. Clair, PlayUSA
Caesars Digital is removing credit cards as a deposit option across all its US platforms. This change is a player-safety move that aligns... more