5254 stories by Todd Shriber
Kalshi May Launch Perks Program Targeting Active Sports Bettors
***Update*** Kalshi issued the following the statement, noting its loyalty program is not solely targeted at sports, but all "loyal traders": "Similar to other financial markets, brokerages, and large consumer brands, we’re piloting a program that offers priority support and other benefits...
Polymarket Brings Residential Real Estate Prediction Markets to Life
Prediction market operator partnering with Parcl on housing-focused markets New offering could be a hedge for home buyers and sellers Markets will settle on Parcl’s published price indexes Now this from the intrepid world of prediction markets: Polymarket is partnering with Parcl...
Penn Entertainment Overhauls Corporate Ranks Following End of ESPN Bet
Regional casino operator makes sweeping changes to its leadership team. Changes arrive two months after ESPN Bet relationship was eliminated. Two executive vice presidents are out. Nearly two months to the day after the company announced the end of the ESPN Bet...
Maine Voters Strongly Oppose iGaming
Poll emerges ahead of opening of veto window Gov. Mills has from Wednesday through Friday to veto LD 1164 -- a bill that could legalize internet casinos in the state Just 16% support legalization, according to the poll A new poll indicates...
No States Will Approve iGaming, Sports Betting in 2026, Says Analyst
Bleak outlook for US gaming expansion this year Sports betting is legal in 39 states and Washington, DC Adding to that list this year appears unlikely, says a sell-side analyst Currently, 39 states and Washington, DC, permit some form of sports wagering,...
After Venezuela Attack, Rep. Torres Pitches Prediction Markets Insider Trading Bill
New York Democrat reportedly plans to introduce the Public Integrity in Financial Prediction Markets Act of 2026. If approved, it’d bar select federal workers from trading event contracts linked to political events. Move appears to linked to insider trading on Polymarket tied...
AI Prone to Problem Betting Patterns, Even Addictive Behavior, Says Study
In betting environments, AI takes on human-like behavior and the results are bad. Study indicates large language models (LLMs) are vulnerable to addictive behavior. The models also engage in the gambler’s fallacy. Bettors thinking about using unsupervised artificial intelligence (AI) models in...
Macau Casino Stocks Still Discounted, Could Rally Anew in 2026
2026 Macau GGR estimates could prove conservative. Macau casino stocks could be ways to play China recovery, says analyst. Group trades at compelling discounts. Coming off a strong 2025 in which concessionaires won $30.9 billion, the highest level since before the coronavirus...
Solana to Get Prediction Markets Lift, Say Crypto Experts
Solana is already one of the most used cryptocurrencies in the prediction market ecosystem. Prediction markets seen lifting Solana blockchain revenue. Growth of event contract platforms could boost Solana user growth. Solana’s long-term outlook is highly tethered to prediction markets with expansion...
DraftKings Among J.P. Morgan’s Top Ideas for 2026
The sports betting stock had a rough 2025. DraftKings is the only gaming name on the bank’s list of nearly 60 equity ideas for 2026. DraftKings (NASDAQ: DKNG) stock endured a forgettable 2025, slumping 6.53% while the S&P 500 gained nearly 17%,...
