Location: +United States
Analysis shows why almost everyone loses, except a few sharks, on prediction markets
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
PrizePicks partners with Arrow McLaren IndyCar team
PrizePicks and the Arrow McLaren IndyCar team have inked a partnership making PrizePicks an official partner of the Indianapolis race team.... more
Wall Street analyst touts Churchill Downs after all-time Kentucky Derby week record for handle
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
NBA, PGA and NCAA push for higher age minimum for sports prediction markets
Major sports organizations — the NBA, PGA Tour and NCAA — are pushing the federal government to require prediction markets to raise their... more
Warren Buffett warns that prediction markets are ‘gambling,’ not investing
In a surprise interview during Berkshire Hathaway’s annual shareholder meeting over the weekend, billionaire investor Warren Buffett... more
Caesars Digital bans credit card deposits
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
Kalshi Chief Operating Officer says casino-style gambling has no business at prediction markets
For anyone wondering where Kalshi draws the line when it comes to flat-out gambling, a letter to the Commodity Futures Trading Commission... more
Wall Street Bets: MGM Resorts, VICI, gaming, lodging and leisure sector
David Katz of Jefferies on May 1 wrote about MGM Resorts’ prospects after its first-quarter earning call on April 29: “Our Buy criteria... more
The Vegas Walk Method builds player-operator partnership to promote RG
A new responsible-gaming approach aims to develop a player-casino relationship with frank advice on limiting player risk, while increasing... more
AGA CEO and Nevada Control Board Chair to speak Tuesday on state of gaming
The Economic Club of Las Vegas will host what it’s calling an “Insiders View on Las Vegas and Gaming in 2026,” featuring AGA... more



