Tag: Gambling
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Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won’t enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
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France blocks access to Polymarket website
PARIS, July 17 : France has blocked access to the Polymarket betting website, the country’s gambling regulator said on Friday, citing concerns it could expose users to significant gambling losses and that some wagers offered on the platform could be manipulated.”On July 16, 2026, the president of France’s Nat
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Gambling addiction in South Africa
Sisanda Lwana lost over 7000 Euros betting online – and overcame her addiction. Her story brings to light the dark side of the gambling industry.
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Judge rejects Kalshi bid to block New York gambling enforcement law
NEW YORK, July 8 : A federal judge denied Kalshi’s bid to block New York from enforcing its gambling laws against the prediction markets platform, amid a growing battle between federal and state regulators over authority to police the fast-growing industry.In a decision on Tuesday, U.S. District Judge Analisa
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Billionaire John Arnold commits $2.6 million to study online sports betting risk
John Arnold, who runs Arnold Ventures with his wife, Laura, is investing $2.6 million for university research into potential harms of online sports betting.
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Two women to be charged over using S$1.7 million of misappropriated funds on gambling, loans
One of the women, now aged 65, allegedly misappropriated S$1,729,000 from a bank’s vault while working there as a branch manager.
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Zuckerberg wants Meta to launch its own prediction market, report says
Prediction platforms Polymarket and Kalshi have made record profits this year, and now Mark Zuckerberg has reportedly directed tech giant Meta to build their own.
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The World Cup will likely be the biggest gambling event in history
Global wagers on the 2026 World Cup could top $50 billion, according to Macquarie analyst Chad Beynon. That’s up from more than $35 billion in the 2022 tournament.
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Prediction market firms face growing scrutiny as Congress weighs regulation
Rep. Bryan Steil, R-Wisc., is working on a bill to ban Congress members and their staff from certain bets on prediction markets such as Kalshi and Polymarket.
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