Tag: Gambling
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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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