News

Kalshi Permanently Bans George Santos, Cites Manipulation in Political Market

Kalshi said it permanently banned former Rep. George Santos and fined him $71,356 after finding reasonable cause to believe he manipulated a political prediction market and engaged in insider trading.

Bill Simmons Admits FanDuel Proxy Betting That Could Draw Massachusetts Scrutiny

Bill Simmons said on his podcast that he had his daughter’s boyfriend log into his FanDuel account and place bets while Simmons was in California, a setup the source says could violate FanDuel policy and Massachusetts sports betting rules.

Online Sportsbooks Are Going Hollywood For Football Season, And BetMGM Just Raised The Stakes With Jon Hamm

Excluded from the NFL's official partner list, BetMGM launched a star-studded campaign with Jon Hamm to capture the attention of football fans.

Small Businesses Turning to Prediction Markets to Hedge Against Operational & Financial Risks

Prediction markets are helping small businesses hedge against operational, financial, and regulatory risks through tailored event contracts.

BetMGM Rolls Out Enhanced & New Sportsbook Features in Time for the 2026 Football Season

BetMGM is rolling out new features for the 2026 football season, including faster speeds, smarter insights, expanded bet building, and better rewards.

Most Young People View Sports Betting as an Acceptable, Possibly Risky Activity

A Massachusetts study found that young adults view sports betting as casual entertainment, underestimating personal risks despite pervasive mobile access.