Tag Archives: ReadWrite

Gen Z is the group that was raised on social media and smartphones, with online sports betting and gambling being just another thing that they’re used to. Unlike their parents, for whom sports betting was something they did exclusively in … Continue reading →

The explosive growth of sports betting is starting to clash with the world of professional sports, and not always in a good way. As the sports industry pulls in billions and becomes a regular part of how people watch games, … Continue reading →

A Brazilian Senator has proposed new legislation that could increase the minimum betting age and impose a spending cap. Senator Humberto Costa has commented on multiple occasions that there should be stricter legislation in place to safeguard South American gamblers. … Continue reading →

Federal lawmakers have accused a Hollywood stuntwoman-turned-attorney of breaching her parole to bet thousands of dollars on slot machines. Vanessa Motta has been under investigation for staging vehicle crashes to cash in on insurance claims and has been under the … Continue reading →

Former Detroit Pistons guard Malik Beasley has been evicted from his penthouse apartment for failing to pay rent, according to reports from the Windy City. Beasley is also under a federal investigation that revolves around prop and NBA bets on … Continue reading →

The Commodity Futures Trading Commission (CFTC) has shown leniency in a recent letter regarding predictions or officially termed “events” markets. The move signals an opening for the prediction/event marketplace, made famous by the likes of Polymarket and Kalshi, a growing … Continue reading →

Welcome to the very first edition of Prediction Pulse, your weekly dive into what people are betting on, and the big numbers driving those wagers. Why start this now, you ask? Well, unless you’ve been living under a rock, you’ve … Continue reading →

A 37-year-old man from Widnes, in England, has been jailed for eight months after “seriously assaulting a staff worker and damaging several slot machines” at a casino. The sentencing took place at the beginning of the month, on August 1, … Continue reading →

PENN Entertainment have seen overall revenues of $1.4 billion in Q2, but the quarter hasn’t been without its challenges as the company touches on the need for operational discipline. Jay Snowdon, the CEO and President, is quoted in the latest … Continue reading →

Former NBA star Gilbert Arenas has been arrested in connection with a federal indictment tied to an alleged high-stakes gambling ring, which has now brought attention to a 2023 murder in the Hollywood Hills. The indictment follows the investigation into … Continue reading →