GAMBLING
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B.C. Regulator Rejects Sports Prediction Markets
British Columbia’s gambling regulator has joined the growing push against treating sports and entertainment prediction contracts in Canada as securities or derivatives. Wealthsimple has launched its prediction market trading app in Canada. (Image: Wealthsimple) According to a statement released by the Independent Gambling Control Office (IGCO), products based on sports and entertainment outcomes are considered gambling and therefore must be…
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NFL Betting Handle Stalls as Prediction Markets Grow
The American Gaming Association (AGA) expects National Football League (NFL) betting handle to remain virtually flat this season as prediction markets capture a growing share of Americans’ wagering dollars. Los Angeles Rams quarterback Matthew Stafford takes the field before a game against the Detroit Lions in 2025. (Image: Eric Thayer / Los Angeles Times via Getty Images) According to the…
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Las Vegas Sands Gently Lifts Sands China Stake to North of 75%
Las Vegas Sands (NYSE: LVS) modestly increased its stake in its Sands China unit, taking its equity ownership in the Macau casino giant to just over 75%. Sands China’s Venetian Macau. Las Vegas Sands slightly increased its stake in Sands China. Shutterstock) In a Tuesday regulatory filing with the Hong Kong Stock Exchange — the home bourse for Sands China…
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Vegas Matt Threatens to Sue Anti-Gambling Advocate
A legal dispute has erupted between two opposing corners of YouTube’s gambling ecosystem. Vegas Matt, one of the largest slot‑machine content creators online, and Rob Minnick, known as Rob ODAAT, a gambling‑addiction recovery advocate. The dispute raises broader questions about how gambling creators, critics, and platforms handle commentary, fair use, and the blurry line between opinion and defamation. Vegas Matt…
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Vegas Dave Surfaces in Thailand After Arrest Warrant Issued
If David “Vegas Dave” Oancea is hiding from the law, he doesn’t do it well. Less than two weeks after skipping a court hearing where he was supposed to be taken into custody, the popular Las Vegas sports betting personality was back on Instagram pretending that nothing was wrong. David “Vegas Dave” Oancea promotes his sports betting picks on social…
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Gemini Boosts Crypto Prediction Market Footprint in Apex Fintech Deal
Gemini Space Station (NASDAQ: GEMI), the digital currency brokerage owned by Cameron and Tyler Winklevoss, is partnering with Apex Fintech Solutions in a deal aimed at capitalizing on cryptocurrency event contracts. The Winklevoss twins. Their company Gemini Space Station is partnering with Apex Fintech on a prediction market deal. (Image: Gemini) Under the terms of the partnership announced earlier today,…
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Wrongly Arrested Peppermill Casino Guest Seeks Names of 168 Others Flagged by Facial Recognition
A Nevada man who was wrongly arrested after being misidentified by facial recognition technology at Reno’s Peppermill Casino Resort is seeking the identities of 168 other people who were allegedly flagged by the system. Jason Killinger, left, and his (shorter) doppelganger, a man named Michael Ellis, who was previously banned from Peppermill. Killinger wants to know whether there has been…
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Polymarket Testing Parlays, er Combos, Ahead of Football Season
Polymarket U.S. is beta testing combination bets, also known as combos, ahead of the start of the 2026 football season. Polymarket is beta testing combos, or parlays, in the U.S. (Image: Shutterstock) The prediction market operator refers to the combined contract wagers as Combinatorial Athletic Outcome Contracts, or CAOCs. Polymarket filed with the Commodity Futures Trading Commission (CFTC) to self-certify…
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Atlantic City Casinos Heat Up, as July Revenue Hits 14-Year High
After a slow start to the summer, Atlantic City casinos sizzled in July, with gross gaming revenue (GGR) reaching its highest level since 2012. The Steel Pier Ferris wheel. Atlantic City casinos performed well in July, as gaming revenue reached a 14-year high for the month. (Image: Shutterstock) The New Jersey Division of Gaming Enforcement (DGE) reports that the nine…
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Icahn Offered $34 a Share for Caesars in July, Talks Date Back a Year
Carl Icahn offered to acquire Caesars Entertainment (NASDAQ: CZR) for $34 per share last month, besting the $31 per share bid previously floated by Tilman Fertitta’s Fertitta Entertainment Inc. (FEI), but the gaming company appears unmoved by the Icahn pitch. Carl Icahn offered $34 a share for Caesars in July and related talks between the two sides date back at…
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