News

PrizePicks Partners with Kalshi to Expand Prediction Market Access PrizePicks has recently formed a significant partnership with Kalshi, a leader in the prediction markets industry. This collaboration enables Kalshi to offer event contracts through PrizePicks’ platform, broadening the availability of prediction markets to users across the United States. Enhancing User Experience with Diverse Prediction Options […]

The Philippines Targets Influencers Promoting Illegal Gambling The Philippines is taking steps to tackle the persistent issue of illegal gambling, with particular focus on the role social media influencers play in advertising unauthorized gambling services to local audiences. The Cybercrime Investigation and Coordinating Center (CICC) has identified widespread promotion of these illicit activities. Government Efforts […]

Rising Tensions in the Texas Democratic Senate Primary The Texas Democratic primary for the U.S. Senate intensified on Friday when Colin Allred called out James Talarico over his campaign fundraising methods during the Texas Tribune Festival in Austin. This event marked the first significant confrontation between the two leading candidates, who had previously avoided direct […]

Overview of Sweden’s Gambling Market Performance in Q3 2024 The gambling sector in Sweden saw a modest increase of 0.5% in the third quarter of 2024 compared to the same period the previous year. Total revenues reached approximately SEK 6.71 billion, equivalent to around $709 million. Growth Driven by Online Gaming, Decline in Traditional Sectors […]

Explosion Incident at Piero’s Italian Cuisine In the early hours of last Thursday, an explosion occurred near Piero’s Italian Cuisine, leading to a swift response from law enforcement officials. Several days later, on Saturday, police apprehended a 35-year-old man named John Navarro in connection with the incident. Current Status of Suspects Navarro faces charges related […]

A major casino operator in Las Vegas is facing significant financial penalties after regulators discovered it permitted a known illegal bookmaker to gamble at its venues for an extended period. Caesars Entertainment has reached a settlement with state authorities agreeing to pay $7.8 million, highlighting increasing regulatory scrutiny of how casinos on the Las Vegas […]

Guilty Verdict in High-Profile Murder Case A former adult film actress turned real estate agent was found guilty of first-degree murder by a jury after a gripping two-week trial. Devyn Michaels was convicted and sentenced for the brutal beheading of her ex-husband, Johnathan Willette. Willette’s severed head was discovered in a state indicating attempts to […]

Investment Firm Everbay Capital Challenges Golden Entertainment Buyout PlanEverbay Capital, an investment firm based in New York, has expressed strong reservations regarding Golden Entertainment’s recent announcement. The company revealed that its CEO, Blake Sartini, intends to acquire the business. Everbay Capital claims that the offer price of $2.75 per share for the remaining company, after […]

AQR Considers Expanding into Sports Betting AQR Capital Management, a prominent global quantitative hedge fund, is exploring the possibility of expanding its operations into the sports betting arena. Cliff Asness, co-founder and Chief Investment Officer of AQR, revealed this consideration during a special episode marking the 10th anniversary of the Odd Lots podcast. The firm […]

Illinois Imposes New Per-Wager Tax on Sports Betting Illinois has introduced a new tax on sports betting that is transforming how residents place their wagers. Approved in June, this tax imposes a fee of $0.25 on each of the first 20 million online bets placed during a fiscal year, increasing to $0.50 for every bet […]