Tag Archives: ReadWrite

Prediction markets used to be the quirky side dish of the internet. Maybe you placed a small bet on who’d win an election or whether a big tech merger would finally happen. Or maybe you were one of the many … Continue reading →

South Korean law enforcement has made 14 arrests after a gambling ring based in the Philippines was uncovered in Gangwon province. The Gangwon Provincial Police Agency’s Criminal Investigation Unit reported on November 6 that it had busted those involved with … Continue reading →

Gambling product provider Light & Wonder has announced its Q3 2025 earnings, which, along with others reporting this week, appear to be good news. The company saw a 78% increase in its net income, with a 3% rise to $841 … Continue reading →

The Social Gaming Leadership Alliance (SGLA) has released a press release expressing “disappointment” over a state’s decision to push back on what it considers illegal gambling. Namely, the Minnesota Attorney General has come out swinging against “out-of-state and overseas operators” … Continue reading →

Google has announced it’ll add support for prediction markets data into its Finance section, as it begins to explore data from these platforms. The announcement came in on Thursday (October 6) with a new suite of AI features added to … Continue reading →

Robinhood, the trading and prediction market platform, has announced its Q3 financial results for 2025. Headlining the quarterly report is that revenue is up “100% year-over-year to a record $1.27 billion”. Helping this along is that Robinhood now has “11 … Continue reading →

Australian gaming giant VGW has confirmed that it plans to wind down its sweepstakes-style Promotional Play options in West Virginia later this year. This comes as it already wound down some of its sweepstakes operations in New York and New … Continue reading →

DraftKings and ESPN made their new agreement public on Thursday (November 6) as the broadcaster replaced PENN Entertainment with DraftKings as the exclusive ‘Official Sportsbook and Odds Provider.’ The partnership means fans will be able to use betting features and … Continue reading →

Former NBA guard and assistant coach Damon Jones pleaded not guilty on Thursday (November 6) to conspiracy charges tied to two separate federal gambling cases. In the first case, prosecutors say Jones, best known for his time with the Cleveland … Continue reading →

The Northern Ireland Assembly’s All-Party Group on Reducing Harm Related to Gambling has called on the Chancellor to increase gambling taxes. The group has written an open letter to the Chancellor calling for higher taxes on online gambling to raise … Continue reading →