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Yahoo

Cortez Masto leads Senate Democrats in stand on prediction markets

Senate Democrats challenged CFTC Chair Michael Selig to enforce bans on prediction markets, warning that his regulatory pivot is fueling unregulated gambling on sports and geopolitical conflicts.

Gambling Stocks Sag as Prediction Markets Steal Super Bowl Bets

The Super Bowl is supposed to be the highlight of the calendar for gambling companies. This year, though, a cloud has descended over the industry as the big game approached. The stock of Flutter Entertainment Plc, which runs one of the most popular US gambling apps, FanDuel, is on an

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