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Devin O'Connor
8483 stories by Devin O'Connor
CFTC Warns Prediction Markets: Stop Displaying Swap Prices Like Sports Betting Odds
The Commodity Futures Trading Commission (CFTC) is reminding its licensed prediction markets that they are financial exchanges, not gambling operators, and therefore should avoid displaying swap prices as betting odds. DraftKings Predictions displays MLB prices...
Billy Walters: ‘If Prediction Markets Existed 25 Years Ago, I’d Be Worth $100 Billion’
Billy Walters was so good at sports betting that most sportsbooks in Las Vegas cut him off at the peak of his career in the 1990s and 2000s. If sports prediction markets had been around...
Royal Caribbean Sets Sail on Mobile Lottery Game Aboard Select Cruises
Royal Caribbean has joined the growing mobile gaming trend at sea, introducing its first onboard digital lottery game. Royal Caribbean's Utopia of the Seas is seen leaving Port Canaveral in Florida on July 19, 2024....
Prediction Market Surge Sparks Financial Alarm as Borrowed Money Fuels Bets
More than half of prediction market traders have executed positions with borrowed money, according to a new study that raises fresh questions about the rapidly expanding industry. A person holds a mobile phone with the...
The Billion-Dollar Dream Is Back: Powerball Jackpot Nears Historic Territory
State-run lotteries in the United States date back to 1964, when the New Hampshire Lottery launched as the nation's first modern lotto. In the six decades since, only 14 jackpots have ever crossed the $1...
No Dice for North Jersey: Atlantic City Keeps Its Casino Monopoly
Atlantic City casinos dodged a major in-state threat after New Jersey lawmakers declined to place a North Jersey casino referendum on the 2026 ballot. An aerial view of the Meadowlands Racetrack and MetLife Stadium in...
Florida’s Illegal Arcade Crackdown Sparks Backlash From Seniors
Florida seniors are pushing back against a statewide crackdown on gray-market arcades, defending the storefronts as vital social hubs even as regulators target them for operating illegal slot machines. An arcade in St. Petersburg has...
Survey Says! ‘Family Feud’ Coming to Neighborhood Skill Games
"Family Feud" is coming to skill game terminals, bringing the iconic television game show brand to storefronts, bars, and fraternal halls across the nation. Steve Harvey hosts an episode of "Celebrity Family Feud" that aired...
Kalshi, Polymarket Secure Official Sports Data in Landmark Genius Sports Deals
The world’s two largest prediction markets are partnering with Genius Sports to integrate official league data and settlement services into their trading platforms, with Polymarket also adding live sports streaming. Genius Sports is lending its...
‘Trump Slump’ Becomes Rallying Cry for Culinary Union Ahead of Las Vegas Visit
Wall Street surged Tuesday as the S&P 500 and Dow Jones Industrial Average hit record highs, but Democrats and Nevada’s Culinary Union argue that President Donald Trump's administration is driving a "Trump Slump" on the...
