Michael Burry Initiates Long Positions in DraftKings and Flutter Entertainment
Discover why Michael Burry initiated long positions in DraftKings and Flutter as their shares plunged 36.3% and 61.2%. He reveals how these iGaming
North Carolina 6% Prediction Markets Tax vs 23% OSB Rate Creates Arbitrage
North Carolina’s new budget delivers a 6% tax on prediction market revenue paired with a 5 percentage point increase in the online sports betting tax.
Judge Torres Denial: What It Means for Prediction Markets Under State Rules
What does a federal judge’s denial of an injunction mean for prediction market platforms facing state gaming enforcement?
Senator Rosen Joins Push to Shield State and Tribal Oversight of Prediction Markets
Nevada U.S. Senator Jacky Rosen has joined Senate colleagues in protecting state and tribal rights to regulate prediction markets. This development.
Nevada Senators Shield State Oversight of Prediction Markets from CFTC
Nevada senators move to block CFTC oversight of prediction markets, arguing state regulation better protects Nevada’s gaming hub status and prevents
North Carolina Budget Deal to Authorize Prediction Markets Highlights Patchwork Legalization Path
“A budget deal would authorize prediction markets in North Carolina.” That is the direct report from Axios on the latest development in state regulation.
DraftKings earnings on deck as handle growth concerns mount By Investing.com – Investing.com Nigeria
DraftKings earnings are on deck. Concerns about handle growth mounting dominate the narrative ahead of the release. This single development captures where.
Entain CEE Divestment: Strong EBITDA Meets Product and Tax Limits in Poland
Entain sells 20% of CEE for €425m as strong £183.7m EBITDA clashes with Poland’s 12% betting tax and stalled casino liberalisation. Explore why
Polymarket enters Turkey through Paribu integration – AffPapa
Polymarket has entered the Turkish market through an integration with local crypto exchange Paribu. This development was first reported by AffPapa on July.
Prediction Market Volumes Hit $24 Billion as ADI Predictstreet Secures Gibraltar Approval
Prediction market volumes surged from under $5B to $24B as ADI Predictstreet secures Gibraltar approval to expand beyond football. Discover how