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Author: Brian Pempus
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Why Does ‘Prediction Market’ Polymarket Take Bets On War?
The so-called “prediction market” betting platform Polymarket has been slammed this week for a social media post using an ethnic slur against Indian people. The post came in response to a recent X/Twitter update that revealed the location of user accounts. Apparently, some of the accounts promoting Polymarket were based in countries other than those…
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DraftKings Recklessly Promotes ‘Record’ $22M Online Slot Jackpot
DraftKings Casino announced “the largest online casino jackpot in U.S. history,” claiming that a Michigan gambler turned 20 cents into $22.4 million. The promotion of the historic jackpot came with no explanation of the odds and no mention of any gambling addiction hotline number. Notably, there was also no proof of the jackpot. No information…
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BofA Warns That Student-Loan Giant Under ‘Pressure’ From Sports Betting
Bank of America Securities warned that some private lenders, including student-loan giant Sallie Mae, are under “pressure” due to the rise of government-sanctioned online sports gambling. The note released Nov. 21, 2025, mentioned both traditional online sports betting (e.g., DraftKings and FanDuel) and so-called “prediction markets” (e.g., Kalshi, Polymarket, and Robinhood). States regulate traditional betting…
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Wisconsin Tribe Becomes First In National Casino Self-Exclusion Program
The Potawatomi Casino Hotel in Wisconsin is the first Tribal casino property to join a nascent program designed to create uniform self-exclusion across Tribal casinos nationwide. “We are committed to making sure our guests are aware of the risks associated with gaming and providing resources to those who need it,” Potawatomi Casino Hotel CEO and…
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FanDuel Launches ‘Pass The Leg’ Thanksgiving NFL Parlays
Despite a growing online gambling addiction crisis in the U.S., FanDuel Sportsbook will soon debut a new feature called “Pass The Leg” for Thanksgiving NFL games. The new in-app offering seeks to make parlay gambling “into a shared, social experience,” FanDuel said in a press release on Nov. 24, 2025. The gimmick effectively encourages families…
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