Gambling Insider spoke with law experts about why Congress introduced 25+ prediction market bills. The proposals show that lawmakers agree the issue needs attention, not that they agree on how it should be regulated.
"It's not an either-or. It's both."
https://t.co/rVEDWAFbS4
"We were 1.1 secs from being down thousands lol." Malik Beasley overperformed on rebounds in one game he allegedly manipulated, @brantjames reports @G_Insider: https://t.co/B8O9XUIByf
"If you're sitting on the king of distribution, I think the other two are probably assets you wanna buy just to move as quickly as possible."
@PlayProphetX CEO Dean Sisun says Meta should acquire an exchange rather than build one.
https://t.co/60SjGcyYMj
I spoke with Kiki, @GordonMoodyOrg, @Adferiad_, and researchers from the University of Birmingham (@news_ub) about a new research initiative investigating how hormones may affect women's experience of gambling harm. Read all about it at @G_Insider https://t.co/WMeyWlDk0H
Meta is facing legal action in Europe over alleged failures to stop illegal gambling ads. A Dutch trade group claims 95%+ of gambling ads targeting Dutch consumers promoted unlicensed operators, prompting a lawsuit and EU complaint.
Details: https://t.co/Jk63e6HbAH
New UK research is investigating whether menstrual cycles affect gambling behavior, impulsivity, and relapse risk, opening the door to findings that could transform addiction treatment for women.
https://t.co/17gO7FVaBu
Will Michigan reject another prediction market injunction? Will Utah grant Kalshi relief? Can World Cup knockout matches drive record trading volume?
Here's what we're watching this week at @G_Insider:
https://t.co/n26TZLqIRs
Prediction markets are heating up.
📈 Kalshi has reportedly hit $2bn in annualized revenue and is eyeing an IPO.
📉 NY sportsbooks posted a record $48m weekly loss.
Read all of our Bingos & Busts: https://t.co/GeT692hiJ3
Great piece by @MarcusDiNitto and his team at @G_Insider on @DrMintas and 365Prediction’s pending application with the CFTC. I’m very excited to be involved and am looking forward to the challenges ahead.
https://t.co/1tlifZQ2Ml
A well-intentioned bill in NY to ban sports betting on college campuses leaves multiple problems unresolved, industry observers tell @brantjames@G_Insider: https://t.co/Hhcwo3PDeE
Pennsylvania's HB 2631, introduced by Rep. @JasonOrtitay, would require online sportsbooks and casinos to geoblock K-12 schools.
Details: https://t.co/ZplzY8uol0
A landmark ruling for the skill game industry: Pennsylvania's Supreme Court ruled that skill game machines are slot machines, regardless of skill component.
Read more @G_Insider :
https://t.co/O4hjDlzYQg
After winning a court injunction that would have allowed Sorsby to play for Texas Tech this season, the QB has now chosen to enter the NFL Supplemental Draft instead.
The decision comes amid backlash from Big 12 schools, a lawsuit, and gambling scrutiny.
https://t.co/mQgKACPKN6
The U.S. may host the 2026 FIFA World Cup, but Macquarie estimates it will account for just 5% of global betting volume.
“Even if we assumed 40% growth in the US, it would be quite insignificant,” analyst Chad Beynon told Gambling Insider.
https://t.co/zQulNetavx
The 2026 FIFA World Cup could generate more than $50B in global wagers, according to Macquarie.
The expanded 104-match tournament, broader US betting access, and growing popularity of parlays and player props could make it the biggest betting event ever.
https://t.co/mx71OWAtZq
.@WagerWire is expanding into prediction markets after receiving approval in principle for a Gibraltar license.
“We feel like we have the potential to make this one of the premier prediction markets in the world,” says co-founder Travis Geiger.
Read: https://t.co/tr7QDburju
. @WagerWire secures approval in principle for prediction markets license in Gibraltar: “One of the reasons that we’re pursuing this opportunity is precisely because the sportsbooks seem to have an aversion to innovation." @brantjames reports @G_Insider: https://t.co/gFVtcJIDWE
Gaming M&A is heating up, and we spoke to the analysts.
After deals involving Caesars, MGM Resorts, Bally’s & Evoke, analysts say depressed valuations could drive even more acquisitions.
“For years, gaming companies traded at depressed valuations.”
https://t.co/2jTRE9n0ok
OLG’s new under-25 deposit limit policy is drawing mixed reactions. RG expert Dr. Jeffrey Derevensky says it’s “a good beginning” but ultimately “a baby step” that may not go far enough to protect younger players.
Read more: https://t.co/Dk7wKo5Ki6