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Kalshi’s Core Business May Already Be in Serious Trouble
States are cracking down on sports betting, and a major court ruling bodes poorly for the prediction-market giant.
Will UK Affordability Checks and Prediction-Market Scrutiny Change Flutter Entertainment's (FLUT) Regulatory Risk Narrative?
In recent days, UK gambling bosses, including Flutter Entertainment via the Betting and Gaming Council, have been weighing legal action against the Gambling Commission’s plan to introduce affordability checks for online customers spending over £1,000 within 24 hours, arguing the rules rely on weak evidence and could push bettors toward less regulated operators. At the same time, investor Michael Burry’s interest in Flutter, partly based on expectations that prediction markets may face...
TMA calls for new guardrails on betting-style apps as sports betting concerns grow
A new proposal from the Texas Medical Association is taking aim at online prediction market platforms, calling for more guardrails to protect young users from gambling-like behavior.
Flutter Entertainment (FLUT) Faces Fresh Regulatory Focus, Is It Still 31% Below Fair Value?
Flutter Entertainment (NYSE:FLUT) is back in focus after two separate regulatory storylines put sports betting on investors’ radar, including a potential UK legal challenge to new affordability checks and fresh interest from investor Michael Burry. See our latest analysis for Flutter Entertainment. After a difficult stretch in which the year to date share price return is down 48.5% and the 1 year total shareholder return declined 61.91%, Flutter Entertainment has recently shown improving...
The Friendly Wager: Expect Fireworks In ENG-ARG; Back France Plus Scheffler
Sammy P is back with his sixth Friendly Wager. Here's how he's betting on France-Spain and England-Argentina.
Betting the 2026 Home Run Derby: Schwarber and Caminero Favored
Philly Heroes Schwarber and Harper Headline the Field of Eight for this Year's Home Run Derby
2026 World Cup Odds: Books Hoping For Spain-England Title Match
One thing sportsbooks don't want? A rematch of the 2022 World Cup final. Patrick Everson breaks down the semifinal betting action.
Flutter Entertainment shares rise as investors appear to lean into bullish positioning
Flutter Entertainment (FLUT) is up 5.4% today. Here is some analysis on what might have caused this price movement.Analysis: No obvious new company-specific filing or earnings release appeared today, so the catalyst is not fully clear. This could be because investors are reacting to a mix of recent bullish signals, including fresh high-profile buying interest in the stock, optimism around Flutter’s scale in U.S. sports betting through FanDuel, an
How Much Do You Know About the Sports Business? Try Our Quiz
Runaway sports betting, $60 million college-football coaching costs, luxury stadiums…. It’s all part of the money side of the games.
How Much Do You Know About the Sports Business? Try Our Quiz
Runaway sports betting, $60 million college-football coaching costs, luxury stadiums…. It’s all part of the money side of the games.
Wayfair built its business online. Now it’s betting on massive stores.
With flagships in Chicago, Atlanta and Columbus, retailer Wayfair eyeing national expansion — but not yet in Michigan.
Men found ‘Love Island.’ Then they started betting on it.
Prediction market apps are turning America's hottest dating show into a different obsession — and bringing a new audience into the villa.
NC budget raises sports-betting tax, adds prediction markets
New NC budget raises sports-betting taxes, redirects revenue to public universities, and creates a new tax on prediction markets.
Mississippi mobile sports betting debate resurfaces amid lieutenant governor warning
Mississippi’s debate over mobile sports betting has resurfaced after Lt. Gov. Delbert Hosemann posted a warning on X urging the Senate to reject the measure.
Wayfair built its business online. Now it's betting on massive stores
The expansion is part of a multiyear effort to turn around the business after profits plunged postpandemic.
Goldman Bans Staff Prediction Markets Bets on Finance, Politics
Goldman Sachs Group Inc. has banned employees from trading on prediction markets except for sports and entertainment bets, in one of the most pointed efforts by a Wall Street firm grappling with the new regulatory issues raised by the boom in betting on events.
World Cup betting surge fuels renewed push to legalize sports wagering in Texas
With the Texas Legislature set to return in January for their regular session, sports betting advocates are hoping lawmakers prioritize the topic.
World Cup betting surge fuels renewed push to legalize sports wagering in Texas
With the Texas Legislature set to return in January for their regular session, sports betting advocates are hoping lawmakers prioritize the topic.
Douglas Elliman Bets on AI to Reinvent Brokerage Business
Luxury real estate brokerage Douglas Elliman Inc. is betting artificial intelligence can expand its business beyond buying and selling homes.
Arnold Ventures Awards $2.6 Million For Universities To Research Sports Betting
Arnold Ventures is investing $2.6 million to fund 12 new grants for several universities to conduct research about the impact of sports betting in the United States.
Billionaire John Arnold has already donated nearly half his wealth. Now he’s funding a hunt for the health risks of sports betting.
The foundation John Arnold runs with his wife, Laura, is funding 12 university studies on how online sports betting affects users' finances, mental health, and family life.
Analyzing Argentina's Historic Comeback vs. Egypt From A Betting Perspective
How does Argentina's improbable comeback compare to other miraculous comebacks in sports from a live betting perspective?
Billionaire John Arnold commits $2.6 million to study online sports betting risk
John Arnold, who runs Arnold Ventures with his wife, Laura, is investing $2.6 million for university research into potential harms of online sports betting.
Former DraftKings trader charged in Fresno State hoops betting plot
A former DraftKings sportsbook employee faces felony charges related to a betting scheme involving a Fresno State basketball player who allegedly manipulated his performance in a 2025 game, according to law enforcement records.
Mubadala Opens $25 Billion Credit Business to Outside Investors
Abu Dhabi’s Mubadala Investment Co. is opening up one of its largest investment businesses to outside investors for the first time, betting on its ability to attract institutional capital as demand for alternative lending rises.
Meet the founder betting Africa's next entertainment giant will be built on ownership, not just storytelling
The worlds biggest entertainment companies arent valuable because they make great films or television
2026 World Cup Odds: Folarin Balogun's Return Leaves Books Scrambling
The betting on USA-Belgium changed in an instant once it was announced Folarin Balogun was eligible to play. Patrick Everson has the scoop.
Business leaders, advocates betting on south DeKalb
A recent tax allocation district (TAD) grant award is sparking economic development on Memorial Drive in DeKalb County after the Belvedere Plaza Kroger closed last year.
Prediction market betting would be authorized in NC’s new budget. What it means for sports betting
Tucked into the state budget is a proposal that could have massive implications for how prediction markets operate in North Carolina. Some lawmakers say it’ll create a new revenue stream. Others worry it’ll cost the state millions.
Colorado Sports Betting May 2026: Table Tennis Cracks the Top Three, and Tax Rises as Revenue Falls
Colorado took $469.1M in May 2026 sports bets. Revenue fell to $44.7M, but state tax rose to $3.86M as free-bet deductions phase out. Table tennis was 7.2% of handle.
Jordan Spieth Warns Sports Betting Could Harm Golf Fan Behavior at Tournaments
Jordan Spieth believes the growth of sports betting is changing fan behavior at golf tournaments and says the issue may soon need to be addressed.
As World Cup fever grips Brazil, scrutiny mounts over its sports betting industry
RIO DE JANEIRO (AP) — When World Cup season descends upon soccer-mad Brazil, green and yellow banners decorate restaurants, bars and apartment buildings, streets are painted with flags and soccer balls, and discussions of the beloved national team's games are ubiquitous.
Brazil prepares to announces new sports betting regulations
When World Cup season descends upon soccer-mad Brazil, green and yellow banners decorate restaurants, bars and apartment buildings, streets are painted with flags and soccer balls, and discussions of the beloved Seleção’s games are ubiquitous.
As World Cup fever grips Brazil, scrutiny mounts over its sports betting industry
When World Cup season descends upon soccer-mad Brazil, green and yellow banners decorate restaurants, bars and apartment buildings, streets are painted with flags and soccer balls, and discussions of the beloved Seleção’s games are ubiquitous
Rafael Nadal: “It’s the moment to build a legacy outside of the court”
The tennis legend tells CNBC’s Tania Bryer how he is building his business portfolio after retiring from the sport in 2024 and why he’s betting on hospitality.
Backers of online sports betting in Nebraska submit signatures to get on 2026 ballot
The question of whether online sports betting should be legal in Nebraska will likely come before voters this November.
Backers of online sports betting in Nebraska submit signatures to get on 2026 ballot
The question of whether online sports betting should be legal in Nebraska will likely come before voters this November.
3 Reasons Why I'm Loading Up on Penn Entertainment in the Second Half of 2026
Penn Entertainment stock is soaring and it has the potential to build on those gains in the second half of 2026.
Anthropic launches AI drug discovery program, joining tech giants in betting on healthcare
Anthropic will start an internal drug discovery program, part of a new push to sell artificial intelligence tools to drugmakers.
Anthropic launches AI drug discovery program, joining tech giants in betting on healthcare
Anthropic will start an internal drug discovery program, part of a new push to sell artificial intelligence tools to drugmakers.
Acti puts AI agents directly into your smartphone keyboard
Startup Acti is betting the smartphone keyboard is the next home for AI assistants. Its new keyboard for iOS and Android works across apps and lets users create custom AI-powered shortcuts using natural language.
NC budget includes UNC, NC State athletics for sports betting tax distribution
The state’s two major universities were left out of the previous model, which provided tax revenue to college athletic programs.
UNC basketball champion arrested after illegal sports betting scheme
Former Tar Heel Ed Davis was one of six arrested in the latest betting sting.
Jefferson business betting buyers will purchase local lumber
Sustainable forest practices follow no-waste approach
Is the World Cup becoming America’s biggest sports betting event ever?
The world’s most popular sporting event is being played in North America, so U.S. audiences can see the games live while the sun is out or in the early evening
Paraguay Stuns Germany, Historic World Cup Sports Betting Upset
Paraguay's upset victory over Germany was not only historic within the context of the 2026 World Cup, but also from a betting perspective.
Malik Beasley reportedly indicted as part of sports-betting scheme involving point shaving, prop bets
Malik Beasley was first announced as part of a federal investigation last June.
Nine-year NBA veteran indicted on federal sports gambling charges
Veteran NBA shooting guard Malik Beasley has been indicted on federal charges for gambling related to a sports betting scheme, such as point shaving and prop bets, his attorney Steve Haney told ESPN. on June 29. According to Shams Charania,…
Louisiana Sports Betting May 2026: Parlays Drove 77% of Revenue as the World Cup Looms
Louisiana took $318M in May 2026 sports bets, with parlays driving 77% of revenue. State tax jumped 41% to $9.5M under the new 21.5% rate. A World Cup surge is next.
PENN Entertainment: A Cautious Buy As The Turnaround Takes Shape
PENN Entertainment is transitioning from a digital-betting disappointment to a credible turnaround story. Check out why PENN stock is a buy.
Experts bet World Cup wagers will bring Mass. big tax revenue
Experts say the tournament is on pace to be the biggest sports betting event in history, bringing new revenue to the state. But some fear it carries public health costs, too.
Experts bet World Cup wagers will bring Mass. big tax revenue
Experts say the tournament is on pace to be the biggest sports betting event in history, bringing new revenue to the state. But some fear it carries public health costs, too.
UNC, NC State to get millions from sports betting; gambling deductions allowed in budget proposal
Not only would the tax on sports betting operators rise to 23%, but North Carolina would levy taxes on prediction market operators as well under proposals expected to be included in the state budget.
Slate is betting Americans want less car for less money
Slate unveiled the starting price for its tiny, electric pickup truck this week. It's betting that today's overly techy cars created a white space.
2026 World Cup Betting Report: 'USA Is By Far Our Worst Result In The Book'
There's no way around it: The USA making a deep run at the World Cup would be a horrendous result for sportsbooks. Patrick Everson reports.
Inside the room where the smart home industry is still betting on Matter
It still Matters.
Prediction market Kalshi sues Illinois over its push to regulate sports bets
Suit seeks to block new taxes and licensing requirements set for July 1
Prediction market Kalshi sues Illinois over its push to regulate sports bets
Article Summary Prediction market Kalshi sued Illinois on Tuesday, seeking to block new taxes and license requirements set to take
Sports books see surge in Missouri World Cup betting
Sports gambling activity is up this month in Missouri with Kansas City hosting six FIFA World Cup matches.
Gambling disorder diagnoses spike after states legalized sports betting
Researchers analyzed millions of electronic health records and found a major difference between states that greenlit sports gambling and those that didn’t.
Gambling disorder diagnoses spike after states legalized sports betting
Researchers analyzed millions of electronic health records and found a major difference between states that greenlit sports gambling and those that didn’t.
Sports betting boosts viewership for top-watched World Cup matches, new data shows
World Cup fever is growing, and new viewership data shows some matchups are drawing far more attention than others — with sports betting playing a major role in
Meta's Zuckerberg enters the prediction market arena
Mark Zuckerberg is launching his next major project: a betting platform modeled after Polymarket. The prospects for success are good, alarming experts.
Startup’s strategy challenges EV industry assumptions
A new EV startup led by a former Amazon executive is betting that a low-cost, highly customizable pickup starting at just under $25,000 could help it achieve something that has eluded many EV startups: profitability, CNBC reports. The central goal for Slate Auto and CEO Peter Faricy is to make a full-size, practical truck accessible […]
NM lawmaker urges tribes to reopen gaming compact to allow online sports betting
Rep. John Block's comments came as the state and several pueblos are suing online platform Kalshi allegedly allowing illegal sport gambling.
BetMGM, MLB Expand Sports Betting Partnership
The sportsbook will maintain prominent visibility across MLB platforms while expanding fan-facing experiences.
Polymarket allegedly faked trades. Chances are slim Trump admin investigates, says sports-betting attorney
A recent Wall Street Journal investigation found that the prediction market hired influencers to stage fake trades as part of its marketing campaign to attract U.S. users.
IC360 and BIG EAST Conference Expand Integrity and Compliance Partnership
NEW YORK – The BIG EAST Conference and Integrity Compliance 360 (IC360), the global technology and advisory platform for integrity and regulatory solutions in sports, sports betting, iGaming, and prediction markets, are proud to build on their comprehensive partnership.
A New Bill Would Ban Lawmakers From Betting on Politics and Elections in Prediction Markets
CNBC’s Emily Wilkins reported last week that House lawmakers have introduced legislation that would prohibit members of Congress, their spouses, and dependent children from placing wagers in prediction markets on political, policy, or election outcomes. “House lawmakers are just dropping a brand new bill that would ban lawmakers from making any bets in prediction markets ... A New Bill Would Ban Lawmakers From Betting on Politics and Elections in Prediction Markets
Why Democrats are running against the ‘Epstein class’
Candidates are casting their messaging around Epstein’s associates and the unaccountable elite, betting that voter distrust of powerful institutions can help them shape the midterm debate.
Opinion: Michigan has policy options to help curb online betting addiction
More than five years into legal sports betting, it is time for a fresh look at how Michigan regulates the industry and addresses the ripple effects on public health.
Opinion: Michigan’s goal should be to protect its online gaming market
As Michigan enters the next chapter of its legal sports betting and online gaming industry, we should pursue policies that strengthen the regulated market
Opinion: We should restrict gambling marketing to protect youth
If we are going to permit online gaming and sports betting in our state, this is the least we can do to protect Michigan youth from misleading, coercive ads.
Opinion: We should restrict gambling marketing to protect youth
If we are going to permit online gaming and sports betting in our state, this is the least we can do to protect Michigan youth from misleading, coercive ads.
Poll: Americans draw a new line in the betting bonanza sweeping over Wall Street
A plurality of Americans believe betting on election outcomes should be illegal, The POLITICO Poll finds.
Wedbush Initiates Coverage on Flutter Entertainment (FLUT) Stock with Outperform Rating
Flutter Entertainment plc (NYSE:FLUT) is one of the Stocks with Potential to Explode in 2026. On June 17, Wedbush initiated coverage on the company’s stock with an “Outperform” rating and a price objective of $138.00. As per the analyst, the company is the world’s largest online sports betting and internet gaming operator and has exposure to the […]
Tennessee Sports Betting Handle Holds Near $443M in May 2026 as Its Handle Tax Stays Flat
Tennessee took $443M in May 2026 sports bets at a 9.25% hold. As the only state taxing handle (1.85%) rather than revenue, its tax stays tied to volume. Full breakdown.
Connecticut Sports Betting Handle Hits a May High in 2026, but Revenue Falls to $15.6M
Connecticut took $187.3M in May 2026 sports bets, up 1.8% YoY, but revenue fell 13.6% to $15.6M as hold dropped to 8.31%. State tax was $2.14M at the 13.75% rate.
Championship victories shouldn’t trigger destruction
Post readers on the Knicks, sports betting, camp and more.
Who is Gadi Eisenkot, the Israeli politician who could dethrone Netanyahu?
The former IDF chief of staff whose son was killed in the Gaza war is rapidly climbing in polls and betting markets, emerging as a leading contender to become Israel’s next prime minister.
Sleep and light: the science behind Qantas' bet on 20-hour flights
Qantas Airways is betting that science can make the world's longest flights feel less punishing - unveiling plans for a "wellness zone," extra legroom, specially timed meals and animated lighting on its non-stop Sydney-London services due to launch next October.
Gambling made sports what it is today, according to new book
Gambling is not something that grew out of American sports. Sports in the U.S. exist in their current form because of gambling. We talk to the author of a new book on sports betting.
GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting
The new proposal on limits on members of Congress making such bets come as scrutiny increases on prediction markets like Kalshi and Polymarket.
Sports betting is changing the game for Colorado’s fans and athletes as big money adds new pressures
Since 2020, Colorado’s gamblers have wagered $28.4 billion on sports bets, averaging $418.7 million monthly. All that money is changing games for both fans and athletes.
Colorado’s gamble on sports betting
A Denver Post special report examining how the legalization of online sports betting impacted addiction, water funding and athletes.
How sports betting became Colorado’s ticket to funding $140 million in water conservation projects
Supporters say the gambling money is a godsend. Critics say legalized sports betting has come at a cost — fueling an addiction crisis that Colorado is unprepared for.
Sports team values keep climbing as media rights fuel growth
Chris Marangi, Co-CIO at Gabelli Funds, and Mike Ozanian, CNBC Senior Sports Reporter, say sports franchises remain scarce, growing assets supported by media rights, betting and rising fan engagement.
Prediction markets are creating new opportunities for unregulated insider trading and unethical betting by turning politics into a game
Matt Motta, Boston University and Robert Ralston, University of Birmingham
Why Flutter Entertainment (FLUT) Shares Are Trading Lower Today
Shares of global online betting powerhouse Flutter Entertainment (NASDAQ:FLUT) fell 4.3% in the afternoon session after a report from Barclays showed the company's digital sports betting handle and revenue declined in May.
Why Flutter Entertainment (FLUT) Shares Are Trading Lower Today
What Happened? Shares of global online betting powerhouse Flutter Entertainment (NASDAQ:FLUT) fell 4.3% in the afternoon session after a report from Barclays...
Google bets on Gemini to reinvent the smart home speaker
Google is betting generative AI can breathe new life into the smart speaker. The company's new $99.99 Google Home Speaker replaces the rigid commands of the Google Assistant era with more conversational Gemini interactions.
Grains Rally Led by Soybeans as Export Business Confirmed: Is it China and Will it Spur Fund Buying?
Wednesday morning USDA reported a flash sale of 13.2 million bushels of soybeans to unknown destinations and Randy Martinson with Martinson Ag says the market is betting that its China.
Is gambling the reason we have pro sports?
To hear author David Bockino tell it, gambling has always been a key ingredient of pro sports in the U.S.—it’s as American as apple pie. Bockino is the author of the new book Over/Under: An Unexpected History of Sports Betting. So what gave rise to this new wave of sports gambling? And what are we risking placing so many bets on games? Fact checking by Sierra Juarez. Your Next Listen — Prediction markets are threatening national security. Who’s gonna fix it? Connect with The Indicator — Sign up for The Indicator’s brand new newsletter — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+
People are betting on elections. Congress is watching
As prediction markets stir debate over betting on politics, the Los Angeles mayoral race raised a new question: What happens when people wager on elections?
For ViewerCon, Joy Reid, Chris Witherspoon, and the ‘Raising Kanan’ cast are headed to Newark this summer
ViewerCon, a new entertainment event is making its debut in Newark this summer, betting that today’s audiences want more than
Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford
Jeff Bezos is back in an operating seat for the first time since stepping down from Amazon (NASDAQ:AMZN), pointing a $12 billion war chest at what he calls the engine of civilizational wealth: invention itself. In a CNBC interview on June 11, 2026, Bezos and co-CEO Vik Bajaj outlined Prometheus, a Series B round raising ... Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford
Accel Entertainment (ACEL) Uses Rice Palace Deal to Build More Gaming Density in Louisiana
Accel Entertainment, Inc. (NYSE:ACEL) is one of the best e-gaming and sports betting stocks to buy now. The company’s freshest expansion move came on June 3, when its Toucan Gaming subsidiary acquired the assets of Rice Palace Inc. and South Louisiana Gaming Inc., the owner and operator of Rice Palace Truck Stop Casino in Crowley, […]
Inspired Entertainment (INSE) Uses Paddy Power Renewal to Reinforce Its Retail Betting Base
Inspired Entertainment, Inc. (NASDAQ:INSE) is one of the best e-gaming and sports betting stocks to buy now. The company strengthened its betting-shop exposure on May 6, when it extended its long-term agreement with Paddy Power to remain the exclusive provider of gaming terminals and content across Paddy Power’s UK retail estate. The agreement matters because […]
Atlanta businesses are betting big on the World Cup
Some Atlanta entrepreneurs are investing thousands ahead of the World Cup. Whether it'll pay off is still up in the air.
Is a transparent fish the future of brain science? This center is betting on it
One of the world's leading brain research centers is shifting away from fruit flies and toward a tiny, transparent fish. The goal: to understand how brains control the behavior of an animal or human.