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The National Football League (NFL) entered April without a single official sportsbook partner for the first time since 2021, as its trio of existing deals with Fanuel, Draftkings, and Caesars each expired at midnight on March 31 without renewal. The lapse coincides with a period when the league is facing scrutiny over in-game betting practices. … Read more
Recent data indicates that nearly a quarter of Draftkings’ sportsbook revenue is now being challenged by the rapid rise of federally regulated prediction market platforms. Sports Prediction Platforms Capture Growing Share of $14B Betting Market Prediction market platforms such as Kalshi have expanded rapidly into sports trading, with sports-related contracts now accounting for roughly 90% … Read more
Ethereum co-founder Vitalik Buterin criticized the current direction of prediction markets, warning that an increasing focus on short-term bets risks distorting incentives and encouraging harmful behavior. Buterin Questions Short-Term Betting Culture in Crypto Markets In a recent post published to X, Buterin said prediction markets have reached sufficient scale to support professional traders and contribute … Read more
Stablecoins tightened their grip on crypto casinos and prediction markets in 2025, with dollar-pegged tokens like USDT and USDC emerging as the default chips for online wagering. This year is poised to play out in much the same fashion. Stablecoins Projected to Command Majority of Crypto Wagering Volume Going Forward The shift was not subtle. … Read more
Super Bowl LX delivered more than a Lombardi Trophy — it delivered a stress test for America’s betting industry. As the Seattle Seahawks beat the New England Patriots 29-13, prediction markets piled up record volumes that signaled a measurable shift in how fans wager on the biggest game of the year. Traditional Sportsbooks Trail as … Read more
Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the New England Patriots—despite the majority of betting markets lining up against them. Drake’s $1 Million Stake Bet Backs Patriots The bet, revealed … Read more
The CFTC is considering probes on sports betting event contracts offered by Crypto.com weeks out from the popular Super Bowl match, Bloomberg reports. Go to Source
According to cybersecurity firm CertiK, losses from digital asset scams and cybersecurity exploits topped $129 million in October. Go to Source
Polymarket data showed four accounts reportedly controlled by French national ‘Théo’ bet roughly $38 million for Donald Trump to win the US Electoral College and the popular vote. Go to Source
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024. Go to Source