DraftKings CEO Jason Robins defended the company's plans to invest approximately $1 billion in prediction markets over two ...

PENN Entertainment reported third-quarter revenue of $1.84 billion, up 7.1% year over year, driven by record retail casino ...

A federal judge has granted two California tribes an injunction against Kalshi, barring the platform from offering sports ...

Prediction markets may have found a way around traditional sports betting regulations, but Keith Whyte believes their winning ...

Trading cards have surged in popularity among consumers, attracting growing interest from the gambling industry as both ...

Arkansas Attorney General Tim Griffin has targeted online gambling alternatives, suing prediction market operator Kalshi and ...

The Democrats have won the midterms, but prediction markets aren't necessarily heading for the chopping block. While ...

Flutter Entertainment (FLUT) cut its full-year profit guidance for the third consecutive quarter on Wednesday as its U.S. arm ...

Nebraska voters have rejected two measures that would legalize online sports betting, dealing a setback to an industry-backed campaign that pitched legalization ...

Prediction markets made their first positive contribution to Sportradar’s third-quarter results, CEO Carsten Koerl said, as ...

New York’s legal fight with Kalshi continues to grow, with Attorney General Letitia James filing a petition in state court seeking a court order to force the company to comply with a previously issued ...