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Todd Shriber
5750 stories by Todd Shriber
Macquarie: Prediction Market Volume Could Reach $1.5 Trillion by 2030
Prediction markets are on track to hit $1.5 trillion in volume by 2030, according to Macquarie—far outpacing earlier projections. Prediction market volume could hit $1.5 trillion by 2030, according to Macquarie. (Image: Getty) In a...
CME CEO Calls Sports Prediction Markets ‘Gambling,’ Expects Supreme Court Fight
CME Group (NASDAQ: CME) is expanding its footprint in prediction markets, but CEO Terry Duffy says the exchange operator intends to stay far away from the controversy surrounding sports event contracts. The CME Group logo....
Las Vegas Sands Expands Buyback by $6B to Soften Q2 Earnings Miss
Las Vegas Sands (NYSE: LVS) is signaling confidence in its beaten-down stock, authorizing a $6 billion expansion to its share repurchase program alongside its second-quarter earnings report. The Venetian on the Cotai Strip in Macau,...
Wisconsin Warns Election Prediction Market Traders Face Felony Charges, Lost Voting Rights
Prediction market traders in Wisconsin who bet on political races could lose their right to vote and face felony charges, according to a new directive from the Wisconsin Elections Commission (WEC). The Vince Lombardi Statue...
Pew: Typical Polymarket User Trades Small and Frequently—And Mostly Breaks Even
While millions of dollars flow through prediction markets every day, high-dollar bets are far from the norm on Polymarket, one of the world's largest binary event platforms. Pew Research says the typical Polymarket trader is...
Prediction Markets Threaten Tribal Casino Revenue, Warns Indian Gaming Leader
Native American casinos could lose up to 25% of their gaming revenue as soon as next year if prediction markets continue expanding unchecked, according to California tribal gaming leader James Siva. California Nations Indian Gaming...
Survey: Healthcare Students Are Turning to Prediction Markets and OnlyFans to Pay Tuition
Aspiring doctors, nurses, and other healthcare students are turning to adult content, prediction markets, and sports betting to pay down steep tuition bills, according to new survey data. Bettors at a sportsbook. Healthcare students are...
Monarch Casino Eyeball M&A Expansion, Keeps Acquisition Targets Under Wraps
Reporting second-quarter financial results late Monday, Monarch Casino & Resort (NASDAQ: MCRI) once again expressed interest in pursuing strategic acquisition targets. Monarch Casino Resort Spa in Black Hawk, Colo. The operator reiterated its interest in...
Accel Secures 600 Nevada VGTs in Green Valley Grocery Agreement
Distributed gaming operator Accel Entertainment (NYSE: ACEL) is expanding its Nevada footprint by adding 600 machines through a new agreement with Green Valley Grocery convenience stores. The Accel Entertainment logo. The company is adding 600...
Bernstein: Robinhood Prediction Markets Could Generate $1.7B by 2028
Shares of Robinhood (NASDAQ: HOOD) traded higher Monday (July 20) after Bernstein analyst Gautam Chhugani raised his price target on the stock to $160, citing rapid growth in the retail brokerage’s prediction market operations. An...
