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Kalshi and Polymarket do not currently offer comparable Survivor 51 winner markets, a notable shift after Survivor 50 contracts drew heavy volume and criticism over possible spoilers.
JPMorgan initiated coverage on Genius Sports with an Overweight rating and $8 price target, saying prediction markets could add upside not yet reflected in Wall Street estimates.
Las Vegas Strip casino revenue was nearly flat in August, with baccarat gains offsetting declines in blackjack, roulette, sports betting and penny slots as tourism indicators remained weak.
A Senate-approved ban on congressional prediction-market participation is drawing new scrutiny to Rep. Bryan Steil’s more limited House proposal as he campaigns on ethics reform.
A growing share of Gen Z adults are using money earmarked for investing on sports betting, but recreational gambling winnings generally do not build the earnings record used to calculate Social Security benefits.
Polymarket traders priced a $95 September WTI oil outcome at 67.5% on Sept. 28 as geopolitical tension around the Strait of Hormuz pushed crude futures higher.
