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Industry
September 30, 2024
Ex-UK Deputy PM Interviewed amid Election Betting Probe
Ahead of the General Election in the UK, a massive betting-related scandal erupted. The case involved politicians and police officers who fell under scrutiny over allegations of placing bets on the date of the election. Nearly two dozen individuals were investigated over political betting and using insider information to place bets for the election date […]
Industry
September 23, 2024
RFK Jr. and Tulsi Gabbard Rally Trump Supporters in Vegas
In a surprising political alliance, Robert F. Kennedy Jr. and former US Representative Tulsi Gabbard took the stage in Las Vegas on Saturday to rally support for Donald Trump’s 2024 presidential bid. Addressing a crowd of passionate supporters, Kennedy said the Democratic Party he once knew “no longer exists.” Meanwhile, he and Gabbard explained their […]
Casino
September 20, 2024
Experts: State Elections Are More Important to Casinos Than the Presidential Race
As the November presidential approaches, all sights are set on the battle between the Republican candidate Donald Trump and the Democratic candidate Kamala Harris. However, experts suggested that the gambling industry should be more wary of the races for state office instead. Casino Workers Should Keep the State Elections in Mind The US presidential elections […]
Legal
September 20, 2024
No Ruling from Appeals Court in US Election Betting Case
Kalshi, the regulated exchange and prediction market platform that offers trading on the outcome of real-world events, was cleared to start offering “contracts” on political events last week. This came after a ruling by Judge Jia Cobb. However, Kalshi’s win was short-lived as the Commodity Futures Trading Commission (CFTC) filed an appeal with the Court […]
Blockchain
September 19, 2024
Trump Becomes the First US President to Complete a Bitcoin Transaction
Ex-POTUS Donald Trump has once again made headlines, this time for becoming the first US president in history to conduct a Bitcoin transaction. Trump, who remains an avid businessman, has long demonstrated interest in the crypto world, hoping for further backing as the November election looms. Trump Made History at the PubKey Crypto Bar The […]
Industry
September 16, 2024
Malaysian Islamist Political Party Plans to Close the Country’s Sole Casino
Similar to other countries across Asia, Malaysia has strict rules when it comes to gambling activities. There is a single casino in the country that allows visitors aged 21 or older to participate in Las Vegas-style casino gambling. However, the growing presence of one Islamic party seeks to effectively shut down the sole casino, citing […]
Legal
September 16, 2024
US Election Betting Once Again on Hold After Appeals Court Ruling
Political betting moved one step closer in the United States last week as a federal judge in Washington DC issued a stay on election contracts. The major development effectively sided with Kalshi, the popular regulated exchange and prediction market platform offering trading on the outcome of real-world events, in its legal battle with the Commodity […]
Industry
September 13, 2024
Taylor Swift Levies the Swifties as the Elections Approach
Singer-songwriter Taylor Swift has once again demonstrated the massive sway she has over the American public by backing Vice President Kamala Harris’s presidential campaign and causing a surge in online activity. The Swifties Have Banded Behind the Star Swift expressed support for Harris on Tuesday, saying that she is firm about backing the Democrats. This […]
Business
September 13, 2024
Interactive Brokers Prepares to Launch Election Markets
Interactive Brokers, a popular trading platform, announced that it will be launching wagering on the outcome of the US election. Set to take place in November, the election is highly anticipated by US citizens and bettors alike. Interactive Brokers Plans to Offer Exciting Markets Speaking to the Wall Street Journal, Interactive Brokers said that it […]
Industry
September 11, 2024
Harris Surpasses Trump’s Betting Odds Following Debate
As the presidential election draws near, the debates and betting continue to grow in intensity. In what some considered a surprising turn of events, US Vice President Kamala Harris excelled at the latest TV debate, causing her betting odds to shoot past ex-POTUS Donald Trump’s. Even Musk Was Impressed Harris found herself as the Democratic […]
