5+ day, 20+ hour ago   (527+ words) Fresh research from Bank of America confirms just how hard it is to break even while betting on sports, let alone relying on that activity for income. Acknowledging that it can only see the money its customers deposit to and…...

1+ week, 9+ hour ago   (504+ words) Entain has been relegated from the FTSE 100 Index, but the demotion comes as analysts are turning increasingly bullish on the gambling group. The FTSE 100 is a stock market index that includes the 100 most highly capitalized companies listed on the London…...

1+ week, 5+ day ago   (584+ words) Rothera, the prediction market that’s a joint venture between Robinhood Markets (NASDAQ: HOOD) and Susquehanna International Group, announced it selected Stats Perform as the exchange’s data provider for sports event contracts. The data provider will support the “creation, trading and…...

1+ week, 5+ day ago   (335+ words) The National Council on Problem Gambling (NCPG) is hiring for two roles focused on its recently created Financial Services & Trading membership subcategory. The NCPG is seeking a senior manager and communications manager to support the organization’s Financial Trader Health and…...

1+ week, 6+ day ago   (561+ words) The more prediction markets blend into the mainstream, the harder the nascent industry will be to regulate, and political will to do so will wane. As it relates to yes/no exchanges, what companies and leagues are doing today may…...

2+ week, 2+ day ago   (539+ words) Add Nationwide to the growing list of financial services firms cautioning that retail prediction market traders and sports bettors are making mistakes when they direct capital away from standard investment accounts to pursue higher-risk gains. In a recent report, Mark…...

2+ week, 3+ day ago   (620+ words) Mark Keast Mark is a long-time, seasoned journalist, as a writer and editor, working for several Toronto daily newspapers, then moving over to the digital arena, covering both sports and business. Over the past few years he moved over to…...

2+ week, 3+ day ago   (564+ words) Warning that the adolescent brain is primed to take risk and citing data that a rising number of underage males are betting, Texas physicians are urging the state to make 21 the minimum age for usage of prediction markets. That concerns…...

2+ week, 3+ day ago   (450+ words) Shares of Flutter Entertainment (NYSE: FLUT) are off nearly 8% over the past month with one of the culprits being plans to spend up to $385 million on customer acquisition and retention incentives in the second half of this year. He rates…...

2+ week, 3+ day ago   (531+ words) DraftKings could direct as much as $30 million in marketing money to a company run by former president and co-founder Matthew Kalish. “The HardScope Agreement provides that the aggregate amount of service fees payable by the Company under the HardScope Agreement…...