News Blog Archive

Nevada is taking strong action against online prediction markets, banning one company and pushing another to leave the state. These moves show that regulators in the country’s gambling capital are not ready to allow these platforms to operate freely. Prediction markets let people bet on the outcome of real-world events, like sports games. Some companies say these are financial tools, not gam...

DraftKings has announced plans to expand into Alberta, Canada, offering both online sports betting and casino games. The company shared this news with investors. This is another step in DraftKings’ plan to grow across North America as more places allow legal online gambling. For US bettors and industry watchers, this move is important. It shows how big companies test new ideas and features i...

Kalshi has filed a lawsuit against the state of Montana after regulators ordered the company to stop operating there for the second time. This conflict highlights a larger debate about how prediction markets should be regulated. Montana officials believe Kalshi is offering products similar to sports betting without proper licenses. Kalshi disagrees, saying its services are part of a federally a...

Wisconsin has officially joined the growing number of states that allow online sports betting. Governor Tony Evers signed new legislation this week, making mobile wagering legal across the state. The bill passed with bipartisan support, reflecting a broader national shift toward accepting regulated sports betting. Even though the law is now in place, residents will not be able to place bets ...

A new data analysis suggests that most people using Polymarket, a cryptocurrency-based prediction platform, are losing money. According to a study shared on Reddit, about 84% of users are not profitable. Out of roughly 2.5 million wallets studied, only a small group of users consistently made money. The findings show a clear pattern: while a few traders earn profits, most users end up losing...

A Nevada judge has ruled that prediction market company Kalshi cannot offer its services in the state without a proper gaming license. This decision is a major setback for Kalshi, which is already facing legal challenges across the United States. Nevada’s Decision and Kalshi’s Argument Judge Jason Woodbury ruled that Kalshi’s products are basically the same as sports betting. He said that...

The iconic online gambling platform Bodog is transforming into a media site focused on the gambling industry. This announcement comes shortly after Bodog's recent transition of rebranding their betting operations as Ozoon for Canadian players. According to Bodog's updated About Us page, the brand is now a media platform covering topics related to casinos, sports betting, wellness, travel, and ...

Polymarket, the cryptocurrency-based prediction market platform, is facing fresh scrutiny after users on Reddit alleged potential insider trading activity tied to a market about a possible Iran invasion. The allegations, which surfaced in community discussions, center on whether individuals with privileged geopolitical information may have exploited their knowledge to profit from high-stake...

Netflix is raising its subscription prices just weeks before streaming its first mixed martial arts (MMA) event. The fight card, headlined by Ronda Rousey vs. Gina Carano, will take place on May 16. It is promoted by Jake Paul’s Most Valuable Promotions and will be available to all Netflix subscribers without a pay-per-view charge. Higher Subscription Costs Across Three Netflix Plans Netf...

Sports betting companies are facing new legal pressure over how their products are designed. A lawsuit against the NFL, DraftKings, and FanDuel claims fast-paced microbetting features can lead to addiction and major losses. The case raises important questions about player protection, VIP programs, and the future of live betting. What is the Lawsuit About? Two men filed a lawsuit in Pennsy...

A new bipartisan Senate bill could reshape the future of prediction markets in the U.S., targeting platforms that offer sports and casino-style contracts. Lawmakers aim to close regulatory gaps, sparking a broader debate over gambling laws, market innovation, and federal versus state authority. What Is the Bill About? A new Senate bill could change how prediction markets work in the U...

The latest offering in the sweepstakes casino landscape is Slotomo, which is launching today! Slotomo allows you to play the best casino-style games. You can win coins and exchange for prizes (including cash). You’ll also find a strong group of bonuses at Slotomo, and pick up free coins without having to buy them. But if you do choose to buy coins, you’ll receive extra coins for almost each pu...

The Olympic Village for the 2026 Games is out of condoms after three days, which is a record. There were reportedly less than 10,000 in Italy, compared to 300,000 condoms at the disposal of athletes at the 2024 Paris Games. Athletes have been told that more are on the way in this Olympic tradition.   10,000 Condoms Were Used, In One Way or Another, in Three Days It was reported on...

Sturla Holm Laegreid won the bronze medal for Norway yesterday in the 20-kilometer biathlon individual event. In what was supposed to be a joyous occasion, Laegreid then told the world that he was sorry for cheating on his girlfriend three months ago. The now ex-girlfriend in question has responded, and she is less than pleased about being in the media spotlight. Laegreid Picks Wrong Time...

The World Anti-Doping Agency is following a story that involves ski jumpers injecting their penis with hyaluronic acid. This is supposed to reduce drag and increase lift, which are both crucial to success in ski jumping. There is a precedent for this, as ski jumpers have been suspended for altering their suits in the crotch area to get an edge on the competition. As of Friday, February 6, no o...