Offshore gambling platforms dominate 74% of the $90B US online betting market, growing 64% annually while licensed operators capture just 26% market share.
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Canada’s gambling participation fell to 64.5%, yet Ontario’s online market hit CAD 2.9B. Discover what’s behind this counterintuitive growth trend.
Rainbet crypto casino branding appears multiple times unblurred in Louis Theroux’s Netflix documentary Inside the Manosphere, reaching millions worldwide.
Tilman Fertitta bids $7B for Caesars Entertainment at $34/share, surpassing Carl Icahn’s offer. Shares jump 12% as takeover battle intensifies.
Utah’s HB243 bill takes on Kalshi and Polymarket, sparking a major legal battle over prediction markets and whether states can regulate them as gambling.
LVS stock gains institutional backing as Barrow Hanley adds $293M position. Q4 earnings beat estimates with 26% revenue growth and dividend raised to $0.30.
Ohio federal judge rules Kalshi’s sports prediction markets constitute gambling under state law, rejecting the platform’s federal commodity swap defense.
Polymarket partners with Palantir and TWG AI to deploy an AI-driven monitoring platform that detects manipulation in sports prediction markets.
Congress introduces legislation to ban death and war betting on prediction markets like Polymarket and Kalshi following insider trading concerns.
Brazil’s President Lula advocates banning online betting just over a year after his government regulated the market, sparking industry criticism and concern.