Category: News
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Fact Check: Did New Yorkers Really ‘Win’ $48m On Knicks?
New York-sanctioned sportsbooks reported a paper loss of $48.5 million for the week ending June 14, following the Knicks winning the NBA title. What does this really mean for consumers? Knicks fans bet heavily on their team and won many bets, resulting in the state’s sportsbooks paying out far more than they took from users…
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Pennsylvanians Lose Record Gambling Sum In Single Month
Pennsylvania gambling operators took a record $625.5 million from people in May, according to new figures from the Pennsylvania Gaming Control Board. That total includes revenue from brick-and-mortar casinos, online casino gambling, sports betting, fantasy contests, and video gaming terminals (VGTs). It was up 3.9% from May 2025 and topped the previous monthly record of…
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DraftKings ‘Moonshot’ Continues Slot Machinification Trend
Sports betting apps continue to resemble slot machines, and DraftKings’ new feature, “Moonshot,” is the latest example of the broader “microbetting” shift. Moonshot follows the controversial launch of “DraftKings Replay,” another slot-like game tied to baseball. People can now bet more quickly and continuously in ways that past sportsbook products did not enable, further blurring…
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Please Consider Supporting Independent Gambling Journalism
In early 2025, I began working full-time on GamblingHarm.org as an independent source of gambling news. I wanted to focus on consumer protection, player safety, and problem gambling. It’s been a pleasure publishing approximately 400 articles since the website began. I’m seeking support to continue my work bringing independent journalism to this space. GamblingHarm.org has…
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Polymarket Parlays Are Called Something Strange, Filing Shows
Polymarket’s U.S.-facing platform plans parlay-style wagers, which it is calling a “Combinatoric Athletic Outcome Contract” or “CAOC,” according to a CFTC filing on Wednesday, May 20. As the prediction market platform continues its long-delayed U.S. rollout, new parlay-style wagering will help it compete with rival Kalshi, the leading player in the nascent sector. Kalshi users…
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