Tag: illegal gambling
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NBA tightens betting rules, develops AI to flag suspicious wagers
The NBA is tightening restrictions on bets and deploying AI to help identify suspicious wagering, according to two documents obtained by CNBC.
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Options traders start calling bottom on bond rout after ‘bullet bid’ 10-year auction
Calling a bottom in the nonstop U.S. Treasury bond sell-off might seem crazy, but a handful of options traders look increasingly willing to do it.
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CNBC Daily Open: ‘Red’ diesel to hit U.S. highways
U.S. President Donald Trump signed an executive order allowing diesel normally reserved for off-road use to hit U.S. public roads and highways.
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CNBC Daily Open: America sneezes, Europe starts to catch the cold
A disappointing jobs report, a contentious budget, and the risk of an early election keep markets on edge on both sides of the Atlantic.
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Sports betting is increasingly the norm for Gen Z. Here’s why some financial and mental health experts are worried
Surveys show Gen Z increasingly views sports bets as a form of investment, and those who gamble too often face mental health risks.
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Sports betting is everywhere now—here are the rules bettors might not realize they’re breaking
Sports podcaster Bill Simmons recently had wagers voided after breaking a sportsbook rule he said he didn’t know about.
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Traders are piling into this international stock market that just pulled ahead of the Nasdaq
The rally might be tied to commodities, which are also surging, or an expression of optimism around the country’s upcoming general election in October.
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52% of Gen Z investors have redirected investing money to sports bets
Some Gen Z investors are choosing gambling on sports over investing for their future.
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CNBC UK Exchange: Reflections on Britain’s tough economic reality
Ian King uses his last UK Exchange to consider Britain’s economic and political challenges.
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Prediction markets entrant Novig posts more than $125 million in trading volume during its first week
The newly launched Novig has reported over $125 million in notional trading volume.
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