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Prediction Markets Pose New Credit Risks, Bank of America Warns

Bank of America has raised concerns about a growing financial risk posed by the rapid expansion of prediction markets and online sports betting in the United States. The bank's global research team highlighted ...

PENN Committee Affirms Board’s Good-Faith Conduct in HG Vora Conflict

PENN Entertainment’s prolonged battle with activist investor HG Vora has taken another turn after an independent Special Litigation Committee (SLC) concluded the company’s board acted appropriately and “in good...

Underdog Bows Out of Missouri Sports Betting Launch: Eight Remain

Missouri’s entry into the legal sports betting scene will begin on December 1, but one notable sportsbook, Underdog, will not be joining the launch. The company withdrew its application for an operating license...

Fanatics to Enter Prediction Markets Through Deal With Crypto.com

Fanatics is preparing to expand its business into the rapidly evolving prediction markets space, confirming plans to launch an event-contract product in collaboration with Crypto.com. The announcement was made ...

Illinois Sees Significant Betting Decline After New Tax Takes Effect

Illinois’ sports betting industry experienced a pronounced drop in wagering volume this September, marking the first full month under the state’s newly implemented per-wager tax. Data from the Illinois Gaming B...

PrizePicks Debuts Prediction Markets Through Kalshi Partnership

PrizePicks has formally entered the regulated prediction market space, unveiling a new offering that enables customers to make event-based predictions across sports, entertainment, and cultural moments within t...

FanDuel Expands into Prediction Markets with New App in Partnership with CME Group

FanDuel, a prominent North American online gaming company, has announced an exciting new venture into prediction markets through a partnership with CME Group, the global leader in derivatives markets. The two c...

UFC and Polymarket Partner to Revolutionize Fan Engagement with Real-Time Prediction Market Integration

In an exciting development for UFC fans, TKO Group Holdings, Inc., the parent company of UFC and Zuffa Boxing, has announced a groundbreaking partnership with Polymarket, the world’s largest prediction market p...

FanDuel Makes History as New York Sports Betting Handle Breaks Record

The Empire State’s sports betting market shattered expectations in October 2025, setting a new national benchmark for online wagering. According to data from the New York State Gaming Commission, bettors staked...

Crypto.com and Robinhood Expand Prediction Markets to Pop Culture

Prediction markets are moving beyond sports and politics into Hollywood and pop culture, with Crypto.com and Robinhood at the forefront of this shift. Both companies have launched entertainment-focused event co...

Playtech’s £500K Bonus Plan for Black Cube Exposed in Legal Filings

Fresh court filings in New Jersey have shed light on the depth of Playtech’s involvement with Black Cube, revealing that the gaming supplier paid the intelligence firm hundreds of thousands of pounds for a cove...

FanDuel Casino Partners with Lady Luck HQ to Expand Digital Gaming and Responsible Play

FanDuel Casino has entered into an exclusive partnership with the prominent casino streaming personality Lady Luck HQ, marking a strategic step in the company’s efforts to engage broader audiences and promote r...