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Category: News
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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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The Harmdown: Weekly Report – Nov. 21, 2025
Each Friday, The Harmdown will give you a recap of the week’s news in the world of gambling-related consumer protection and addiction prevention and treatment, as well as relevant gambling industry news. Baltimore Scores Big Win in DraftKings, FanDuel Lawsuit – TDR Context: The City of Baltimore is attempting to protect its residents from allegedly…
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Online Gambling Promoted From The White House
Official government events at the White House are now openly promoting online gambling. On Nov. 18 at the White House, Saudi Crown Prince Mohammed bin Salman gave a plug for a so-called “prediction market” gambling company. In front of cameras, he mentioned a platform that sometimes allows gambling on the clothing that heads of state…
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DraftKings, FanDuel Leave AGA Ahead Of ‘Prediction’ Gambling Products
The largest U.S. online sports gambling companies by market share have abruptly quit the casino industry’s top trade group, according to numerous reports. DraftKings and FanDuel, which offer legal online sports gambling in dozens of U.S. states, resigned from the American Gaming Association on Nov. 17. The decision involves DraftKings and FanDuel’s respective upcoming launches…
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