Americans are on pace to lose more money on legal gambling this year than at any point in the country's history. A new analysis by economics writer Joseph Politano projects that the total will exceed a quarter trillion dollars in 2026. Losses have climbed 67% since the start of COVID-19 and another 8% over the past […]
The post Americans lost hundreds of billions on crypto speculation. Why is only some of it considered gambling? appeared first on CryptoSlate.
DraftKings told investors on June 9 that its prediction markets business is scaling fast, and the market liked what it saw. The company's Form 8-K reported that May 2026 annualized consumer volume in its Predictions offering rose 24% month over month to $1.3 billion, while annualized total volume traded climbed 34% to $3.1 billion. Shares […]
The post Legacy sportsbooks are chasing prediction markets that already trade billions each month appeared first on CryptoSlate.
On the American Gaming Association's website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets. On Thursday, it rolled past $1 billion, and the AGA moved fast to make a headline out of it, with President Bill Miller going on CNBC to warn […]
The post How a disputed $1 billion claim became a powerful weapon against prediction markets appeared first on CryptoSlate.
Prediction markets spent years trying to present themselves as smarter, better, and more useful than straight-out gambling. Then sports arrived and did what elections, inflation contracts, and policy wagers never quite managed: it brought scale. They turned what was essentially a niche event trading activity into a mass product, and pushed the industry into a […]
The post The bets that made crypto prediction markets popular could now be banned appeared first on CryptoSlate.
Kris Mayes filed 20 criminal counts against the prediction market operator, escalating a multi-state legal clash over sports and election predictions markets.
Polymarket is already restricted in 33 countries.
Nevada’s ruling says sports outcome contracts on a federally regulated exchange are not swaps, opening the door for state gambling laws to apply.
Singaporean regulatory authorities declared a US-based cryptocurrency-based prediction market as an illegal gambling site, leading to the imposition of a ban on the website. Users of the crypto-based betting platform Polymarket can no longer access the website since Singapore classified it as an “unlicensed online gambling operator,” violating the country’s stringent gambling law. Related Reading: […]
Scegliere i migliori casino online può diventare un’azione complessa. La grande quantità di piattaforme possono confondere i meno esperti. Il nostro scopo oggi è perciò quello di analizzare i casino online Italia, portarne alla luce le migliori caratteristiche e stilare una lista. La speranza è di aiutare tutti coloro che, in cerca di un nuovo […]
I siti scommesse sono diversi dalle altre piattaforme online, per varie ragioni che riguardano che sicurezza e qualità dell’offerta di gioco. Questa guida si pone dunque l’obiettivo di fornire ogni informazione utile al giocatore interessato ad individuare i top bookmaker. Il fine è quello di fare in modo che ciascuno possa individuare autonomamente la piattaforma […]
France’s gambling regulator confirmed that it’s currently examining Polymarket and its compliance with French gambling legislation.
As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come.
As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come.
Are you looking for the best real money slots online and where to play? Look no further! We’ve put together an easy-to-follow guide for all those interested in learning about how to safely and successfully play online slots. From tips on finding the best casinos, to gameplay tips and tricks, we have everything covered when […]
The dangers of money laundering and other associated crimes have Singaporean authorities stopping the use of crypto for gambling. Related Reading: US Congress Tackles DeFi—What’s The White House’s Position? Singapore’s parliament has passed amendments to the Casino Control Act, designed to further enhance the effectiveness of the country’s casino regulatory regime and its safeguards for […]
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia.
Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”
Cryptocurrency casino ZKasino went live over the weekend but the launch was met with dismay from investors, who are calling foul on the company for sending $33 million worth of user deposits to staking platform Lido.
Viele Spieler bevorzugen Online Casinos, die nicht dem OASIS-Sperrsystem unterliegen, da diese Plattformen besondere Merkmale und Vorteile bieten. Solche Casinos sind ideal für diejenigen, die eine sichere, vertrauenswürdige und unterhaltsame Spielumgebung suchen. Die Top-Casinos ohne OASIS-Sperre bieten Vorteile und Annehmlichkeiten, die in regulierten Spielcasinos normalerweise nicht vorhanden sind. In unserem Artikel analysieren wir die Vorzüge […]