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Penn Portnoy

Portnoy Hoped Trump Would Deliver Stock Market ‘Victory’

Comments came after he claimed to have lost $20 million . He remains a fan of the president. Barstool Sports founder David Portnoy’s pre-market...

Todd Shriber April 9, 2025
Kalshi, CFTC, election betting, event contracts

Kalshi CEO Leans on Federal Regulation, Ready for State Fights

Kalshi CEO reiterates that company is regulated at the federal level. Cites federal preemption as supporting factor in company’s state-level battles. Prediction markets operator...

Todd Shriber April 8, 2025
Baltimore FanDuel DraftKings lawsuit

Baltimore City Files Lawsuit Against FanDuel and DraftKings, Alleges Predatory Business Practices

Baltimore has sued FanDuel and DraftKings The city's complaint alleges unfair business practices The sportsbooks have not yet responded to the litigation The City...

Devin O'Connor April 3, 2025