5532 stories by Todd Shriber
Healthcare Group: The Rising Mental Health Toll of Sports Betting and Prediction Markets
Baptist Health South Florida says prediction markets, sports wagering can have mental health consequences Accessibility is part of the problem May is National Mental Health Awareness Month May is National Mental Health Awareness Month, and one US-based healthcare organization is taking the...
The Crypto Canary: Why This Sports Betting ETF is a High-Precision Lead Indicator for Bitcoin
The 365-day correlation between the Roundhill Sports Betting & iGaming ETF (BETZ) and Bitcoin is a massive 0.91. Statistically, this means roughly 83% of the price variation in these two assets is linked. Historically, BETZ has peaked or bottomed weeks ahead of...
Cathie Wood’s ARK Boosts Kalshi Stake in Recent Funding Round
Kalshi’s valuation has soared to $22 billion following a fresh $1 billion capital injection The ARK Venture Fund participated in the latest raise, aligning with its "disruptive innovation" mandate ARK is aggressively increasing its exposure, betting big on Kalshi’s dominance in the...
The Wait is Over: Polymarket Begins Staged U.S. Rollout
The waitlist is dead—US users can now download Polymarket on iOS and start trading immediately. The platform is currently an iPhone-only affair, with no confirmed date for an Android release. Despite the regulatory hurdles, Polymarket has spent the last year dominating the...
NGCB Denies Forcing Prediction Market Event Out of Las Vegas
Event organizers claim regulators bullied a casino hotel into canceling their high-profile gathering. The NGCB denies any involvement in the cancellation, calling the claims "unfounded." Following the fallout, the conference is officially relocating to the Big Apple. A social media firestorm has...
Caesars Stock Slumps as Investors Fret About Lack of Takeover News
Caesars stock dropped by almost 9% on a slow news day Some market participants are speculating it’s because of lack of updates regarding a takeover A discouraging inflation reading likely played a part, too Caesars Entertainment (NASDAQ: CZR) shares tumbled on a...
New Hampshire Dem Calls for Federal Probe of Prediction Market Trading
Pappas wants Oversight Chair Comer to look into insider trading on prediction markets Calls for subpoenaing of operators’ internal records Says numerous “suspicious” trades have been placed involving the war in Iran A New Hampshire Democrat is calling on the House Oversight...
Flutter CEO Says ‘Generosity’ Dragged FanDuel Results, Bullish on Prediction Markets
Flutter CEO Peter Jackson admits FanDuel's aggressive promotional spending—or "generosity"—squeezed recent margins and left the operator with fewer active users than expected While the news follows the high-profile exit of FanDuel CEO Amy Howe, Jackson stopped short of directly linking the "generosity"...
A Recipe for Disaster’: Why One Professor is Sounding the Alarm on the Ethics of Prediction Markets
A leading academic warns that the current explosion in prediction markets is engineered to create a new generation of losers Major questions are being raised about whether these markets are truly a level playing field or a rigged game for retail traders...
Macquarie: DraftKings One of the Most Compelling Growth Stories in Gaming
After months of stagnation, DraftKings (DKNG) is finally flashing "buy" signals as the stock regains its upward momentum The company is reporting a massive breakthrough in its prediction market tech—a move that could revolutionize how we bet on non-sports events Macquarie analysts...
