Tag: March Madness
March Madness lifts DraftKings past FanDuel
DraftKings overtook FanDuel for revenue for the first time in 15 months, as New York state sports betting operators reported March... more
Betting was up in men’s NCAA Tournament and during women’s basketball season
LAS VEGAS (AP) — In a men’s NCAA Tournament in which upsets were unusual and a women’s field sans Caitlin Clark, betting nevertheless... more
March Madness is a season for betting, but help for problem gambling is hard to find
Gambling — online and in person — is more widely accessible in the U.S. than it’s ever been, and the industry has the revenue to... more
Massachusetts financial regulators probe Robinhood over March Madness betting
Massachusetts’ top securities regulator has begun an investigation into trading platform Robinhood’s decision to launch a... more
Kalshi users create $249M in contracts for first two rounds of NCAA tournament
Kalshi’s sports betting prediction market has proven to be a huge hit as it is currently reporting $249 million worth of contracts... more
Women’s college basketball is growing so why isn’t the gambling industry betting on it?
One Tuesday morning in late February, a fan in New York who logged into FanDuel’s online sportsbook would’ve found 33 men’s college... more
Who invented the March Madness bracket? Staten Island bar and Kentucky postal worker stake claims
NEW YORK (AP) — Could it really be true? That of all of college basketball’s urban myths, one of New York’s five boroughs is actually... more
‘Everybody’s got a shot’ as March Madness tips off at Atlantic City casinos
People took off from work (with or without permission), filled out brackets and plunked down money at casinos or on their phones as they... more
Robinhood, partnering with Kalshi, relaunches sports event markets for March Madness
Robinhood returned to the sports betting prediction markets scene Monday, again partnering with Kalshi to offer exchanges for the upcoming... more
Campaign For Fairer Gambling: Billions wagered illegally on NCAA tournaments
An analysis commissioned by the Campaign for Fairer Gambling claims that $4.3 billion worth of illegal and untaxed wagers were placed on... more
