DraftKings

Media & Entertainment

Prediction Markets Fuel Gambling Gold Rush

Photo via David Smith/Cal Sport Media/Newscom

Prediction markets may prove to be an even more lucrative opportunity than sports betting as Americans’ interest in wagers grows.

2 min read

Photo via Seth Hoffman

Media & Entertainment

NHL Ups the Ante by Teaming With Kalshi, Polymarket in Sports Betting

Kalshi has skated around licensing restrictions in the past by instead using generic terms like “pro hockey tournament.”

2 min read
Photo by Pixabay via Pexels

Markets

Midday Market Brief: The Nasdaq Touches a New High

Investors are getting activated after a long weekend, but they were still able to push the tech-heavy index to a new peak.

2 min read
Photo by Hank Paul via Unsplash

Consumer

As Scandals Mount, Sportsbooks Team Up to Tackle ‘Problem Gambling’

The biggest names in the business say they’ll spend $20 million to form a group to encourage responsible gambling.

2 min read

Media & Entertainment

Legendary Short Seller Sees DraftKings as a Betting Favorite

Photo by Chad Davis via CC BY 2.0

Jim Chanos admits he completely missed the point about sports gambling in America. Nobody cares how much they lose.

1 min read

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