Author: newsnet5

Kalshi Announces Remarkable Annual Trading Volume Recently, Kalshi, a well-known prediction market platform, claimed to have achieved an annualized trading volume of $100 billion. This figure, if accurate, indicates a significant surge in platform activity and would position Kalshi among leading financial exchanges in terms of transaction volume. Industry Experts Express Skepticism Over Volume Claims […]

Shareholders Approve OPAP-Allwyn Merger OPAP recently hosted an Extraordinary General Meeting (EGM) where shareholders voted in favor of the proposed merger with Allwyn. The approval represents a significant step forward, although the merger is still contingent on fulfilling additional conditions. Building a Leading European Lottery and Gaming Company Last October, the European lottery giant Allwyn […]

Unique Gambling Approach in Rhode Island The state of Rhode Island maintains a distinct position in the gambling landscape by permitting various forms of gambling yet operating under a single-operator system. In this arrangement, the Rhode Island Lottery chose Bally’s as its primary partner and collaborated with IGT to manage Bally’s sports betting operations within […]

Incident at Fast-Food Restaurant On January 2nd, a woman named Kaudija Haynes was involved in a robbery at a Chick-fil-A drive-thru in Leeds, Alabama. Armed with pepper spray, she threatened the employees to hand over money. The workers, feeling intimidated, complied with her demands. After the robbery, she fled the scene hastily, nearly endangering some […]

Increased Speculation on US Actions in Greenland Following the recent US operation in Venezuela to detain Nicolás Maduro, speculation has surged that former President Trump may attempt to seize Greenland. This speculation is reflected in prediction markets, which have raised the odds of a US move towards Greenland control. Trump’s Growing Focus on Greenland Acquisition […]

FashionTV Gaming Collaborates with BetMGM to Deliver Unique Casino Experiences FashionTV Gaming Group has announced a significant partnership with BetMGM, one of the premier operators in the sports betting and iGaming market. This collaboration aims to combine FashionTV’s signature luxury design and flair with BetMGM’s renowned player engagement and entertainment capabilities, enhancing their reach across […]

Bay Mills Resort & Casino, a tribal gaming establishment located in Brimley, Michigan, experienced a partial roof collapse that forced a temporary closure of part of its gaming area. The casino has since resumed operations, though the damaged section remains off limits. Immediate Closure Following the Roof Collapse On January 7, 2025, the Bay Mills […]

Legal Challenges Facing Major Sportsbooks FanDuel and DraftKings, two prominent names in the sports betting industry, are currently under legal scrutiny. DraftKings is facing a lawsuit from a Michigan resident who claims the company failed to adhere to consumer protection rules, causing harm to the individual. FanDuel’s Defense Against Antiquated Legal Claims FanDuel is confronting […]

New Casinos in New York: Changing the Gambling Landscape After years of discussions and deliberations, the New York State Gaming Commission has approved three major casino projects that are set to transform the gambling scene in New York City. While these new developments promise economic benefits like increased tax revenues, job creation, and a boost […]

Understanding the Importance of Language in Prediction Markets The exact wording used to describe real-world events can significantly impact the outcome of prediction markets. Those placing bets on such platforms should pay close attention to the specifics and terms outlined to avoid unexpected results. Polymarket Withholds $10.6 Million in Venezuela-Related Wagers Many Polymarket users faced […]